188 S Lincoln Ave. 3, El Cajon, California 92020, El Cajon, 92020 - 2 bed, 2 bath
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188 S Lincoln Ave. 3
El Cajon, California 92020
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
817Sq Ft
41,266Lot Size
Property Price
LIST PRICE$375,000
EST. MARKET VALUE
$382,198
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $375,000—positioned well below the $396,950 Fair Market Value by 5%. This valuation gap offers $21,950 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home includes modern tile flooring, recessed lighting, and a private patio. Located in the heart of El Cajon, this property provides a low-maintenance lifestyle, making it an ideal acquisition for first-time buyers or Buy-and-Hold Investors seeking a move-in ready asset.
Estimated Market Value
$382,198
Based on Realkey algorithm analyzing recent comparable sales in El Cajon.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 188 S Lincoln Ave. 3 Subject | $375,000* List Price | 2 | 2 | 817 | $468 | - |
A 620 E Lexington 5 Sold | $325,000 | 1 | 1 | 660 | $492 | 0.0 mi |
B 550 Graves Avenue 8 Sold | $396,000 | 2 | 2 | 808 | $490 | 0.7 mi |
C 505 E Madison Avenue 92 Sold | $387,000 | 2 | 2 | 925 | $418 | 0.5 mi |
D 559 E Madison Avenue 108 Sold | $299,000 | 1 | 1 | 710 | $421 | 0.5 mi |
E 732 E Lexington 19 Sold | $349,000 | 2 | 1 | 910 | $384 | 0.1 mi |
F 438 S Anza Street Sold | $349,900 | 2 | 1 | 900 | $389 | 0.4 mi |
G 180 Chambers Street 7 Sold | $445,000 | 2 | 2 | 925 | $481 | 0.8 mi |
H 300 Roanoke Rd 14 Sold | $415,000 | 2 | 2 | 971 | $427 | 0.3 mi |
I 620 E Lexington Ave 13 Active | $444,400 List Price | 2 | 2 | 864 | $514 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 1985 but recently renovated to turnkey condition. Features modern tile flooring throughout, recessed lighting, and updated bathrooms with stone countertops and contemporary tile work, meeting the criteria for a high-quality renovation under 5 years old.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Condition
The property is beautifully updated with modern finishes and an open-concept layout, offering a move-in-ready experience that eliminates the need for immediate renovations.
- Competitive Market Pricing
Listed at $375,000, the property is priced attractively below its 2023 sales history, providing excellent value for first-time buyers or investors in the El Cajon area.
- Central Urban Location
Situated in the heart of El Cajon, the home offers convenient access to local amenities, dining, and transportation, making it a highly accessible residential hub.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The $480 monthly association fee is a significant recurring expense that may impact a buyer's debt-to-income ratio and overall monthly budget.
- Limited Interior Space
At 817 square feet, the compact footprint of this two-bedroom unit may be a drawback for those seeking more spacious living areas or ample storage.
About 188 S Lincoln Ave. 3
Welcome home! Whether you're sipping your morning coffee, hosting friends, or simply relaxing at home, this turnkey home is designed for low-maintenance living. Beautifully updated 2-bedroom, 1.5-bath condo, where modern finishes, everyday comfort, and an unbeatable location come together. Step inside to a bright, open-concept floor plan where the living and dining areas flow seamlessly together, creating an inviting space for everyday living and entertaining. Perfectly situated in the heart of El Cajon. All that's left to do is move in and start making memories! Turnkey homes in this price range don't come along often. Your next chapter starts here. Welcome home! Whether you're sipping your morning coffee, hosting friends, or simply relaxing at home, this turnkey home is designed for low-maintenance living. Beautifully updated 2-bedroom, 1.5-bath condo, where modern finishes, everyday comfort, and an unbeatable location come together. Step inside to a bright, open-concept floor plan where the living and dining areas flow seamlessly together, creating an inviting space for everyday living and entertaining. Perfectly situated in the heart of El Cajon. All that's left to do is move in and start making memories! Turnkey homes in this price range don't come along often. Your next chapter starts here.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1985
- Lot Size
- 41,266 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $480.0 / Month
Neighborhood Insights
El Cajon Unified Schools
Johnson Elementary School
Grades K-5 • 0.5 mi
3/10
Anza Elementary School
Grades K-5 • 0.7 mi
5/10
Naranca Elementary School
Grades K-5 • 0.8 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 817 | 984.595 |
| Lot Size | 41,266 | 97,331.676 |
| Price | $375.0K | $434.4K |
| Price per sq ft | $459 | $444 |
| Built year | 1985 | 1985 |
| HOA | $480.0 | $436 |
| Days on market | 48 | 56 |
Pricing History
Listed for Sale
Jul 23, 2026
$375,000
Initial Listing
Sold
Dec 29, 2023
$435,000
Public Record
Sold
Apr 26, 2023
$400,000
Public Record
Sold
Dec 21, 2018
$233,000
Public Record
Sold
Apr 30, 2010
$73,000
Public Record
Sold
Sep 2, 2005
$259,500
Public Record