390 E Madison Avenue H, El Cajon, California 92020, El Cajon, 92020 - 2 bed, 2 bath
Loading property details...
390 E Madison Avenue H
El Cajon, California 92020
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,300Sq Ft
0Lot Size
Property Price
LIST PRICE$426,000
EST. MARKET VALUE
$442,986
3% BelowMARKET VALUE
SUMMARY
This Spacious Townhouse represents a High-Potential Investment Opportunity, listed at $426,000—positioned well below the $442,987 Fair Market Value by 3%. This valuation gap offers $16,987 in Instant Equity for the buyer. Featuring soaring vaulted ceilings, three balconies, and stone flooring, the property maintains a Condition Rating of 4, offering a solid foundation for cosmetic modernization. Ideally located near public transit and universities, this is a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking value-add potential.
Estimated Market Value
$442,986+$16,986 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 390 E Madison Avenue H Subject | $426,000* List Price | 2 | 2 | 1,300 | $341 | - |
A 317 S Mollison 3 Active | $439,000 List Price | 2 | 2 | 1,104 | $398 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1982, the property features a dated kitchen with older oak cabinetry and white/black appliances. While the unit has been maintained with upgraded stone flooring and a mid-2000s era bathroom tile renovation, the overall aesthetic and primary systems are over 20 years old and require modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Architectural Appeal and Space
The property features soaring vaulted ceilings, a versatile loft, and three private balconies, creating an expansive and airy atmosphere that maximizes the 1,300 square feet of living space.
- Premium Interior Features
Equipped with high-end stone flooring, a cozy fireplace, and the significant convenience of an inside laundry closet and a private one-car garage.
- Strategic Central Location
Boasts excellent proximity to public transportation, shopping centers, and universities, offering high walkability and convenience for commuters and students alike.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1300, other record living area = 1034.
- Local School Performance
The immediate neighborhood schools, such as Johnson Elementary and Cajon Valley Middle, carry lower performance ratings, which may be a concern for education-focused buyers.
- Lack of Scenic Views
The listing explicitly notes a lack of views, which may limit the property's aesthetic appeal compared to other residential options in the El Cajon area.
About 390 E Madison Avenue H
Beautiful spacious 2 bedroom/2 bathroom plus loft townhome! 3 balconies! Saoaring, vaulted ceilings! fireplace! Gorgeous stone flooring. Inside Laundry closet! One car garage! Convenient loation to public tranist, stores, schools, universities, restaurants and more!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1982
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $325.0 / Month
Neighborhood Insights
El Cajon Unified Schools
Johnson Elementary School
Grades K-5 • 0.1 mi
3/10
Naranca Elementary School
Grades K-5 • 0.7 mi
2/10
Anza Elementary School
Grades K-5 • 1.2 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.4 |
| Baths | 2.0 | 2.6 |
| Square foot | 1,300 | 1,263.846 |
| Lot Size | - | 38,383.7 |
| Price | $426.0K | $580.8K |
| Price per sq ft | $328 | $439 |
| Built year | 1982 | 2006 |
| HOA | $325.0 | $372 |
| Days on market | 26 | 64 |
Pricing History
Listed for Sale
Aug 14, 2026
$426,000
Initial Listing