
El Cajon, California 92020
This Ground-Level Value-Add Condominium represents a Prime Investment Opportunity, listed at $399,999—positioned well below the $415,000 Fair Market Value by 3%. This valuation gap provides $15,001 in Instant Equity for buyers. While maintaining a Fair Condition Rating with dated kitchen and bath finishes, the functional 960 sq. ft. layout features a spacious primary suite and a large enclosed patio. Residents benefit from a gated community with a pool and spa, located near Grossmont High School. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to build wealth through cosmetic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1000 Estes Street 35 Subject | $399,999* List Price | 2 | 2 | 960 | $432 | - |
A 1017 S. Sunshine Ave D Sold | $455,000 | 2 | 2 | 940 | $484 | 0.2 mi |
B 910 S Magnolia Ave H Sold | $430,000 | 2 | 3 | 1,168 | $368 | 0.3 mi |
C 1000 S Mollison Ave 12 Sold | $485,000 | 3 | 2 | 1,014 | $478 | 0.9 mi |
D 160 Chambers St. 15 Sold | $460,000 | 2 | 2 | 925 | $497 | 0.9 mi |
E 851 S Mollison Avenue Active | $449,000 List Price | 2 | 2 | 960 | $468 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981, the property is well-maintained and move-in ready, but the kitchen and bathrooms feature dated styles and materials (e.g., light wood cabinets, speckled countertops, tiled floors, and older light fixtures). While functional, these areas would require minor updates to meet current aesthetic standards, aligning with a 'Fair' condition.
The property is located within a secure gated community, offering residents exclusive access to desirable amenities including a pool, spa, and convenient on-site laundry facilities, enhancing lifestyle and security.
As a ground-level unit with no interior stairs, it provides easy access and a comfortable living experience, appealing to a wide range of buyers, including those seeking single-level living or with mobility considerations.
The unit boasts an open living and dining area, a spacious primary suite with a walk-in closet, generous room sizes, ample storage, and abundant natural light, creating a practical and welcoming atmosphere.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =120661, other record lot size in square feet = 120813.
The monthly association fee of $496.0 is relatively high, representing a significant ongoing cost that potential buyers must factor into their budget.
Built in 1981, the property's age suggests that some systems or finishes may be original or dated, potentially requiring future updates or renovations to meet modern aesthetic and efficiency standards.
This inviting ground-level 2 bedroom, 2 bath unit is tucked inside a gated community and offers a comfortable, functional layout with easy access and no interior stairs. The open living and dining areas flow naturally into the kitchen, creating a space that feels both practical and welcoming for everyday living. The home features a spacious primary suite with a walk-in closet, providing privacy and comfort. Natural light fills the interior and the layout offers generous room sizes, ample storage, and the large enclosed patio extends the living space and offers a versatile area for indoor-outdoor living, storage, or a private retreat. Residents enjoy community amenities including a pool, spa, and convenient on-site laundry facilities. Ideally located near shopping, dining, parks, and major freeways, this property provides easy access throughout East County and beyond.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 0.2 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 960 | 925 | 64% |
| Lot Size | 120,661.203 | 27,969 | 86% |
| Price | $400.0K | $405.5K | 45% |
| Price per sq ft | $417 | $449 | 36% |
| Built year | 1981 | 1984 | 41% |
| HOA | $496.0 | $402 | 91% |
| Days on market | 84 | 141 | 23% |
Mar 17, 2026
$399,999
$415,000
-4% Price Drop
Initial Listing
Jan 28, 2026
$415,000
Initial Listing
Apr 12, 2013
$125,000
Public Record
Mar 9, 2005
$295,000
Public Record