196 W Park Ave 1, El Cajon, California 92020, El Cajon, 92020 - 3 bed, 2 bath
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196 W Park Ave 1
El Cajon, California 92020
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,067Sq Ft
8,755Lot Size
Property Price
LIST PRICE$549,999
EST. MARKET VALUE
$521,177
5% AboveMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $549,999—positioned well above the $521,177 Fair Market Value by -5%. Recently renovated in 2023 with a $75k upgrade package, the home maintains an Excellent Condition Rating. Key features include a finished one-car garage, additional covered parking, and a modern open-concept layout. While school ratings are modest, the property’s move-in-ready status and low-density, 4-unit gated setting offer significant lifestyle appeal. This is an ideal acquisition for first-time buyers or owner-occupants seeking a stylish, low-maintenance residence.
Estimated Market Value
$521,177
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 |
|---|---|---|---|---|---|---|
★ 196 W Park Ave 1 Subject | $549,999* List Price | 3 | 2 | 1,067 | $488 | - |
A 505 E Madison Avenue 92 Sold | $387,000 | 2 | 2 | 925 | $418 | 0.4 mi |
B 180 Chambers Street 7 Sold | $445,000 | 2 | 2 | 925 | $481 | 0.3 mi |
C 300 Roanoke Rd 14 Sold | $415,000 | 2 | 2 | 971 | $427 | 0.5 mi |
D 550 Graves Avenue 8 Sold | $396,000 | 2 | 2 | 808 | $490 | 0.3 mi |
E 160 Chambers St. 15 Sold | $460,000 | 2 | 2 | 925 | $497 | 0.3 mi |
F 489 S Lincoln Avenue Sold | $428,000 | 2 | 2 | 928 | $461 | 0.8 mi |
G 792 Avocado Avenue 7 Sold | $399,999 | 2 | 1 | 789 | $507 | 0.8 mi |
H 174 Chambers St 1 Active | $445,000 List Price | 2 | 2 | 925 | $481 | 0.3 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.
Although built in 1987, the property underwent a comprehensive $75k remodel in 2023. With a brand-new kitchen, updated bathrooms, new flooring, and fresh paint all completed within the last year, the home is in mint condition and meets the criteria for a renovation less than 5 years old.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive 2023 Remodel
With $75,000 in recent upgrades, including a brand-new kitchen, bathrooms, and flooring, this move-in-ready unit offers modern aesthetics and high immediate value.
- Superior Parking & Storage
The inclusion of a finished one-car garage plus an additional oversized covered parking space is a rare and highly desirable feature for a condominium in this price point.
- Low-Density Gated Community
Being part of a small, 4-unit gated complex provides a level of privacy, security, and quietude that is often unavailable in larger, high-density residential developments.
CONSRISKS & DEFICIENCIES
- Underperforming School District
The assigned middle and high schools have lower performance ratings (3/10), which may limit the property's appeal to families and impact long-term appreciation.
- Compact Three-Bedroom Layout
At 1,067 square feet, the three-bedroom configuration may feel somewhat constrained, potentially leading to smaller individual bedroom sizes compared to detached single-family homes.
About 196 W Park Ave 1
75k in recent upgrades! Gated community, 3-bedroom, 2-bath condo that checks all the boxes. Finished one-car garage plus and additional oversized covered parking space, in-unit laundry, all within a small 4-unit complex. Feels much larger. Fully remodeled in 2023, this downstairs entry level unit features new flooring, kitchen, bathrooms, and fresh paint throughout. The open layout feels even more spacious than the square footage suggests, and the downstairs garage adds convenience and security. Located near downtown El Cajon with quick freeway access, this is a rare opportunity to own a stylish, move-in-ready home in a quiet, well-maintained community.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1987
- Lot Size
- 8,755 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $400.0 / Month
Neighborhood Insights
El Cajon Unified Schools
Cajon Valley Middle School
Grades 6-8 • 0.5 mi
3/10
Idea Center
Grades 9-12 • 1.6 mi
3/10
Grossmont High School
Grades 9-12 • 1.7 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,067 | 984.595 |
| Lot Size | 8,755 | 97,331.676 |
| Price | $550.0K | $434.4K |
| Price per sq ft | $515 | $444 |
| Built year | 1987 | 1985 |
| HOA | $400.0 | $436 |
| Days on market | 36 | 56 |
Pricing History
Listed for Sale
Aug 4, 2026
$549,999
Initial Listing
Sold
Aug 19, 2022
$385,000
Public Record