471 S Lincoln Avenue, El Cajon, California 92020, El Cajon, 92020 - 2 bed, 2 bath
Loading property details...
El Cajon, California 92020
This VA-Approved Townhome represents a Strong Value Opportunity, listed at $424,999—positioned well below the $411,903 Fair Market Value by -3%. While the property maintains a Condition Rating of 4, its move-in ready status, in-unit laundry, and community pool access provide immediate lifestyle utility. Despite lower-rated local schools, the proximity to I-8 and major shopping centers ensures high rental demand. This property is an ideal acquisition for first-time buyers or Buy-and-Hold Investors seeking a stable, entry-level asset in a central location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 471 S Lincoln Avenue Subject | $424,999* List Price | 2 | 2 | 928 | $431 | - |
A 489 S Lincoln Avenue Sold | $428,000 | 2 | 2 | 928 | $461 | 0.0 mi |
B 480 S Anza Sold | $365,000 | 2 | 2 | 900 | $406 | 0.2 mi |
C 505 E Madison Avenue 92 Sold | $387,000 | 2 | 2 | 925 | $418 | 0.7 mi |
D 792 Avocado Avenue 7 Sold | $399,999 | 2 | 1 | 789 | $507 | 0.4 mi |
E 180 Chambers Street 7 Sold | $445,000 | 2 | 2 | 925 | $481 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981, this property is over 40 years old and maintains a dated interior despite being 'move-in ready.' The kitchen features older white appliances, original-style cabinetry with a fresh coat of paint, and dated tile countertops. While the flooring has been updated to modern laminate/vinyl plank, the presence of popcorn ceilings and older fixtures suggests the primary systems and finishes are over 20 years old, requiring cosmetic and functional updates.
As a VA-approved townhome priced competitively for the El Cajon market, this property offers a rare and accessible entry point for first-time buyers and military personnel to build equity.
The home is move-in ready with a functional open floor plan, in-unit laundry, and a primary suite featuring a walk-in closet, eliminating the need for immediate post-purchase renovations.
The property includes two assigned parking spaces and community pool access, while its proximity to I-8 and Parkway Plaza ensures easy commuting and access to shopping.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =68653, other record lot size in square feet = 68563.
The assigned middle and high schools have lower performance ratings (3/10), which may impact the property's appeal to education-focused families.
At 928 square feet, the living space is relatively compact, which may feel restrictive for buyers looking for more expansive common areas or additional storage.
**VA-Approved Townhome — Your First Home Is Calling! ??** Stop scrolling - THIS is the one. Tucked into an established El Cajon community, this move-in-ready 2-bedroom, 1.5-bath townhome proves your first home doesn't have to be a compromise. At 928 thoughtfully designed square feet across two levels, every inch works. Step inside to a bright, open floor plan where the living and dining areas flow seamlessly together - easy for everyday life and made for hosting. The kitchen offers great cabinetry and counter space, and upstairs you'll find two spacious bedrooms full of natural light, including a primary with a walk-in closet. Full bath upstairs, plus a convenient half-bath on the main floor for guests. With in-unit laundry, two assigned parking spots, and the sparkling community pool just steps from your door, the lifestyle here is as easy as it gets. Centrally located minutes from I-8, top-rated schools, parks, and Parkway Plaza shopping — with an easy commute to the bases - and priced to move, this is your rare chance to stop paying your landlord's mortgage and start building your own equity. Homes like this — turnkey, in this price range, in this location - don't sit. They get claimed. The only question is whether the keys end up in YOUR hand.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 928 | 937 |
| Lot Size | 68,653 | 163,350 |
| Price | $425.0K | $454.4K |
| Price per sq ft | $458 | $457 |
| Built year | 1981 | 1985 |
| HOA | $415.0 | $496 |
| Days on market | 35 | 63 |
Jun 17, 2026
$424,999
Initial Listing
Jun 6, 2023
$442,000
Public Record