505 E Madison Ave 70, El Cajon, California 92020, El Cajon, 92020 - 2 bed, 2 bath

505 E Madison Ave 70, El Cajon, California 92020 home-pic-0
ACTIVE$415,000
505 E Madison Ave 70, El Cajon, California 92020
2Beds
2Baths
925Sqft
163,211Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Comprehensive Community Amenities: The complex provides a sparkling pool and full-service support, enhancing resident comfort and convenience.
Top Cons:
Substantial HOA Fees: The monthly association fee of $477 is relatively high, impacting overall affordability and recurring costs.

Compared to the nearby listings

Price:$415.0K vs avg $422.5K ($-7,500)43%
Size:925 sqft vs avg 925 sqft50%
Price/sqft:$449 vs avg $44936%

More Insights

Built in 1987 (38 years old).
Condition: Built in 1987, this condo is 37 years old. While the property appears well-maintained with some updates like engineered wood flooring in living areas, the kitchen and bathrooms show significant signs of being outdated. The kitchen features light wood cabinets, dark granite countertops, and white appliances, suggesting an older renovation or original components. The bathrooms have white vanities, light countertops, and tiled floors, also appearing dated but functional. Popcorn ceilings are visible. The overall condition indicates regular upkeep but a lack of major, recent renovations, particularly in key areas like the kitchen and bathrooms, aligning with the 'Fair' category where major components are functional but show signs of being outdated.
Year Built
1987
Close
-
List price
$415K
Original List price
$425K
Price/Sqft
$449
HOA
$477
Days on market
-
Sold On
-
MLS number
PTP2507070
Home ConditionFair
Features
View-

About this home

Located in a desirable community on Madison Avenue in El Cajon, this charming condo offers a fantastic opportunity for comfortable living. The complex provides residents with a variety of sought-after amenities, including a sparkling pool for warm summer days and full-service support for a truly low-maintenance lifestyle. Just minutes from local parks, shopping, and dining, this location provides the perfect balance of suburban tranquility and convenient access to all the best that El Cajon has to offer, including a quick commute to San Diego's many attractions.

Nearby schools

2/10
Naranca Elementary School
Public,K-50.7mi
3/10
Cajon Valley Middle School
Public,6-80.1mi
3/10
El Cajon Valley High School
Public,9-120.6mi
3/10
Idea Center
Public,9-121.8mi
Condition Rating
Fair

Built in 1987, this condo is 37 years old. While the property appears well-maintained with some updates like engineered wood flooring in living areas, the kitchen and bathrooms show significant signs of being outdated. The kitchen features light wood cabinets, dark granite countertops, and white appliances, suggesting an older renovation or original components. The bathrooms have white vanities, light countertops, and tiled floors, also appearing dated but functional. Popcorn ceilings are visible. The overall condition indicates regular upkeep but a lack of major, recent renovations, particularly in key areas like the kitchen and bathrooms, aligning with the 'Fair' category where major components are functional but show signs of being outdated.
Pros & Cons

Pros

Comprehensive Community Amenities: The complex provides a sparkling pool and full-service support, enhancing resident comfort and convenience.
Strategic Location: Situated in a desirable El Cajon community on Madison Avenue, balancing suburban tranquility with urban access.
Exceptional Local Convenience: Minutes away from local parks, diverse shopping options, and dining establishments.
Regional Commuter Access: Offers a quick and easy commute to San Diego's numerous attractions and employment centers.
Low-Maintenance Lifestyle: The full-service support provided by the association ensures a hassle-free and easy-to-manage living experience.

Cons

Substantial HOA Fees: The monthly association fee of $477 is relatively high, impacting overall affordability and recurring costs.
Underperforming School Ratings: All assigned public schools in the vicinity have low ratings (2-3 out of 10), which may deter families with school-aged children.
Absence of Desirable Views: The property explicitly states 'None' for views, potentially limiting its appeal compared to units with scenic outlooks.

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