276 S Pierce Street, El Cajon, California 92020, El Cajon, 92020 - 2 bed, 2 bath
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El Cajon, California 92020
This Value-Add End-Unit Condo is listed at $425,000, representing a stable entry point aligned with its $424,512 Fair Market Value. Currently maintained in Original 1980s Condition, the interior presents a clear opportunity for forced appreciation through cosmetic modernization. The property features a highly private layout with no neighbors above, a Detached Garage, and In-Unit Laundry. Located within the Grossmont Union District near Top-Rated Fletcher Hills Elementary, the asset benefits from strong local school scores and high rental demand. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity through strategic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 276 S Pierce Street Subject | $425,000* List Price | 2 | 2 | 1,064 | $399 | - |
A 174 Chambers St 1 Sold | $370,000 | 2 | 2 | 925 | $400 | 0.6 mi |
B 1280 W Main Street 6 Sold | $375,000 | 2 | 2 | 880 | $426 | 0.1 mi |
C 160 Chambers St. 15 Sold | $460,000 | 2 | 2 | 925 | $497 | 0.6 mi |
D 274 S Pierce Street Pending | $399,000 List Price | 2 | 2 | 1,064 | $375 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and livable but remains in mostly original 1980s condition. The kitchen features dated laminate countertops, older white appliances, and fluorescent box lighting. Interior finishes such as the carpet, vinyl flooring, popcorn ceilings, and wall AC units show significant age and lack modern updates, fitting the criteria for a property that is functional but outdated.
As a second-floor end unit with no neighbors above, this property offers a high level of privacy and quietude that is rare in condominium living.
The inclusion of both a detached garage and an additional assigned parking space provides exceptional value and convenience for multi-vehicle households.
The floor plan features a spacious primary suite with dual closets and the significant advantage of in-unit laundry, eliminating the need for shared community facilities.
The property is in mostly original 1980s condition, requiring a budget for cosmetic updates and modernization to maximize its market potential.
At $470 per month, the association fees are a significant recurring expense that may impact the debt-to-income ratio for some prospective buyers.
Tucked within a gated community, this 2 bedroom, 2 bathroom end unit condo in El Cajon is located on the second floor, with no one above you. This home has been well cared for over the years and is clean and completely livable as is, while also presenting a great opportunity to update and make it your own with a bit of vision and creativity. The layout offers a spacious primary suite with its own bathroom and two large closets. The second bedroom is also generously sized and access to a full bathroom in the hallway. The living area is centered around a fireplace that adds warmth and character, and in unit laundry adds to the convenience of not having to deal with community laundry. A private patio provides a quiet place to step outside, and the home includes a detached garage space plus an additional assigned parking spot. Set within a gated community with a pool, the HOA covers water and trash. The location offers quick access to the highway, making it easy to reach shopping, restaurants, and daily essentials while still feeling tucked away. ome see the potential and envision how you can make this space your own.
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades K-6 • 1.1 mi
Grades K-6 • 1.3 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 | 1,064 | 925 | 82% |
| Lot Size | - | 25,658.5 | 45% |
| Price | $425.0K | $413.0K | 55% |
| Price per sq ft | $399 | $449 | 27% |
| Built year | 1980 | 1984 | 36% |
| HOA | $470.0 | $402 | 77% |
| Days on market | 7 | 141 | 5% |
Apr 15, 2026
$425,000
Initial Listing