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

505 E Madison Ave 70

El Cajon, California 92020

ACTIVE
CONDITION: FAIR
2Beds
2Baths
925Sq Ft
163,211Lot Size

Property Price

LIST PRICE$410,000

SUMMARY

Analysis of 505 E Madison Ave 70, El Cajon, California 92020 is currently available with a list price of $410,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the El Cajon Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1987, this condo is well-maintained and functional, but many elements are dated. The kitchen features older light wood cabinets and mixed appliances (some white, some stainless), though it has updated granite countertops and a mosaic tile backsplash. Bathrooms also have similar dated wood vanities with updated granite counters and standard fixtures, including older sliding shower doors. The property benefits from laminate wood flooring in living areas and bedrooms, but the presence of window/wall AC units instead of central air indicates an older system. It is move-in ready but would benefit from minor updates to modernize the aesthetic and systems.

PROSSTRENGTHS & OPPORTUNITIES

  • Comprehensive Community Amenities

    The complex offers a sparkling pool and full-service support, enhancing the resident experience and providing recreational options.

  • Prime Location & Accessibility

    Strategically located minutes from local parks, shopping, and dining, with convenient access to major attractions in San Diego.

  • Low-Maintenance Lifestyle

    Full-service support from the complex ensures a hassle-free living experience, appealing to buyers seeking convenience.

CONSRISKS & DEFICIENCIES

  • Significant Monthly HOA Fees

    The $477.0 monthly association fee is substantial for a condo of this size, potentially impacting affordability and long-term ownership costs.

  • Limited Living Space

    With 925 square feet, the condo offers modest living space, which may not meet the needs of all prospective buyers, particularly those seeking more room.

  • Recent Price Reductions

    Multiple price adjustments from the original list price indicate potential market resistance or an initial overvaluation, which could affect buyer perception.

About 505 E Madison Ave 70

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.

Property Details

Public Facts

Property Type
Condominium
Year Built
1987
Lot Size
163,211 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$477.0 / Month

Neighborhood Insights

El Cajon Unified Schools

Naranca Elementary School

Grades K-5 • 0.7 mi

2/10

Cajon Valley Middle School

Grades 6-8 • 0.1 mi

3/10

El Cajon Valley High School

Grades 9-12 • 0.6 mi

3/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.02.0
50%
Baths2.02.0
50%
Square foot925925
50%
Lot Size163,21127,969
88%
Price$410.0K$411.0K
47%
Price per sq ft$443$448
41%
Built year19871985
59%
HOA$477.0$415
76%
Days on market173157
65%

Pricing History

Listed for Sale

Jan 3, 2026

$410,000

$415,000

-1% Price Drop

Initial Listing

Price Change

Nov 30, 2025

$415,000

$420,000

-1% Price Drop

Initial Listing

Price Change

Nov 11, 2025

$420,000

$425,000

-1% Price Drop

Initial Listing

Price Change

Sep 15, 2025

$425,000

Initial Listing

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