1423 Graves Avenue 264, El Cajon, California 92021, El Cajon, 92021 - 2 bed, 2 bath
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El Cajon, California 92021
This Upgraded Corner Condominium is a Prime Investment Opportunity, listed at $419,999—positioned well below the $430,370 Fair Market Value by 2%. This valuation gap offers $10,371 in Instant Equity for the buyer. Boasting a Condition Rating of 3, the interior features Luxury Vinyl Flooring, Stainless Steel Appliances, and a Split-Bedroom Layout for optimal privacy. Located in a gated community with FHA and VA Approval, residents enjoy a Pool, Gym, and Tree-Lined Views. This turnkey residence is a perfect match for Owner-Occupants or first-time buyers seeking a stress-free transition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1423 Graves Avenue 264 Subject | $419,999* List Price | 2 | 2 | 801 | $537 | - |
A 1423 Graves Avenue 238 Sold | $415,000 | 2 | 1 | 745 | $557 | 0.0 mi |
B 1423 Graves Avenue 232 Sold | $436,000 | 2 | 2 | 801 | $544 | 0.0 mi |
C 1423 Graves Ave 240 Sold | $417,000 | 2 | 1 | 745 | $560 | 0.0 mi |
D 1423 Graves Avenue 172 Sold | $335,000 | 1 | 1 | 597 | $561 | 0.0 mi |
E 830 Broadway 18 Sold | $425,000 | 2 | 2 | 950 | $447 | 0.7 mi |
F 745 E Bradley Ave 10 Sold | $422,000 | 2 | 2 | 806 | $524 | 0.5 mi |
G 745 East Bradley Avenue 11 Pending | $350,000 List Price | 2 | 1 | 806 | $434 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with significant recent updates that exceed its 1995 build year. The interior features upgraded luxury vinyl flooring, crown molding, and a modernized kitchen with granite countertops and stainless steel appliances. Recent improvements include a new wall A/C unit, new toilets, and updated light fixtures. While the overall structure is nearly 30 years old, the extensive interior refreshments and well-maintained systems align with the 'Good' condition category.
This upstairs corner unit features a desirable split-bedroom floor plan with bedrooms on opposite ends, maximizing privacy and natural light exposure.
The community is both FHA and VA approved, significantly broadening the buyer pool to include veterans and first-time buyers seeking low-down-payment options.
Extensive recent upgrades including luxury vinyl flooring, updated bathrooms, stainless steel appliances, and new fixtures provide a modern, move-in-ready experience.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =451281, other record lot size in square feet = 451359.
The monthly HOA fee of $553 is relatively high for an 801-square-foot unit, which may impact overall affordability and debt-to-income ratios for buyers.
The property utilizes a wall-mounted A/C unit rather than central HVAC, which can be less efficient and noisier when cooling the entire home during El Cajon's high-heat months.
Welcome to your next home in the desirable Alder Woods community, FHA and VA approved! This beautifully maintained upstairs CORNER unit offers 2 bedrooms and 2 FULL bathrooms with a thoughtfully designed layout that provides optimal privacy, with each bedroom situated on opposite ends of the home. The home features upgraded vinyl flooring throughout, a bright and airy living space with abundant natural light, and dual pane windows. The spacious primary suite includes two closets and an updated bathroom with a new sink faucet and light fixture. Additional upgrades include new toilets, a new kitchen sink, new storage cabinets in the dining area, and a new wall A/C unit. You also have stainless steel appliances, crown molding throughout, and a private balcony, plus much more! Enjoy the convenience of an in-unit washer and dryer, along with two assigned parking spaces (one covered, one uncovered) and ample guest street parking. Located in a gated, dog-friendly community, Alder Woods offers resort-style amenities including a pool, gym, parks, and lush green spaces. HOA covers water, trash, and common area maintenance and much more. Ideally situated near shopping, dining, and easy freeway access, this home is a perfect blend of comfort, convenience, and lifestyle.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 1.9 mi
Grades 9-12 • 1.1 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 | 801 | 953 | 29% |
| Lot Size | 451,281.594 | 54,450 | 91% |
| Price | $420.0K | $420.0K | 46% |
| Price per sq ft | $524 | $451 | 74% |
| Built year | 1995 | 1982 | 77% |
| HOA | $553.0 | $430 | 94% |
| Days on market | 21 | 187 | 6% |
Apr 1, 2026
$419,999
Initial Listing
Sep 17, 2021
$345,500
Public Record
Oct 22, 2010
$100,000
Public Record
Jul 28, 2006
$280,000
Public Record