477 S Lincoln Ave, El Cajon, California 92020, El Cajon, 92020 - 2 bed, 2 bath
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El Cajon, California 92020
This Inviting Move-In Ready Condo is listed at $429,000, representing a stable entry point aligned with its $408,535 Fair Market Value. A significant financial highlight is the VA Assumable Loan, offering eligible buyers a rare path to a lower interest rate in the current market. Maintaining a Condition Rating of 4, the interior boasts fresh paint and wood-look flooring, complemented by a private patio and in-unit laundry. Residents enjoy two parking spaces and community pool access. Located near Anza Elementary, this home is ideal for first-time buyers or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 477 S Lincoln Ave Subject | $429,000* List Price | 2 | 2 | 928 | $440 | - |
A 602 S Mollison C Sold | $459,000 | 2 | 2 | 1,024 | $448 | 0.1 mi |
B 1017 S. Sunshine Ave D Sold | $455,000 | 2 | 2 | 940 | $484 | 0.9 mi |
C 160 Chambers St. 15 Sold | $460,000 | 2 | 2 | 925 | $497 | 1.0 mi |
D 300 Roanoke Rd 14 Sold | $415,000 | 2 | 2 | 971 | $427 | 0.5 mi |
E 403 Emerald Ave Apt 8 Sold | $330,000 | 2 | 1 | 840 | $393 | 0.9 mi |
F 480 S Anza Pending | $372,000 List Price | 2 | 2 | 900 | $413 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and move-in ready with updated wood-look flooring and fresh paint. However, the kitchen and bathrooms show significant signs of age, featuring older white appliances, dated cabinetry with laminate countertops, and 1980s-style frosted glass shower doors. While functional, these core areas have not undergone the extensive modern renovation required for a higher rating.
The property features a VA assumable loan, providing a significant financial incentive for eligible buyers to secure a potentially lower interest rate in a high-rate market.
This unit offers highly desirable practical features including two dedicated parking spaces, a carport with storage, and the convenience of in-unit laundry.
Freshly painted bedrooms and living areas, combined with a private patio and community pool access, make this an attractive, low-maintenance option for first-time buyers.
The assigned middle and high schools have relatively low ratings (3/10), which may limit appeal for families prioritizing top-tier educational facilities.
With 64 days on the market and a recent price reduction, the property is experiencing slower-than-average momentum, suggesting potential concerns regarding its competitive pricing or age.
VA ASSUMABLE LOAN! Welcome to this inviting 2-bedroom, 1.5-bath condo offering 928 sq. ft. of comfortable living space. The kitchen includes ample cabinet space with easy access to the private patio — ideal for morning coffee or evening gatherings. Upstairs, you’ll find two spacious bedrooms and a full bath, providing plenty of room to unwind. TWO PARKING SPACES, one under carport with storage, IN-UNIT laundry, and close access to the community pool and spa for year-round relaxation. Located in a well-maintained community close to shopping, dining, and commuter routes, this home combines comfort and convenience in one great package. Perfect for first-time buyers or investors — don’t miss this one! *Virtual Staging* *Storage on patio to convey with property* Freshly painted (bedrooms & living room)
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 928 | 925 | 55% |
| Lot Size | - | 25,658.5 | 45% |
| Price | $429.0K | $413.0K | 64% |
| Price per sq ft | $462 | $455 | 59% |
| Built year | 1981 | 1984 | 41% |
| HOA | $414.75 | $402 | 50% |
| Days on market | 69 | 141 | 23% |
Apr 17, 2026
$429,000
$434,000
-1% Price Drop
Initial Listing
Feb 12, 2026
$434,000
Initial Listing
Apr 27, 2022
$425,000
Public Record
Aug 23, 2019
$275,000
Public Record