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
Property Price
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
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
Cajon Valley Middle School
Grades 6-8 • 0.1 mi
El Cajon Valley High School
Grades 9-12 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 925 | 925 | 50% |
| Lot Size | 163,211 | 27,969 | 88% |
| Price | $410.0K | $411.0K | 47% |
| Price per sq ft | $443 | $448 | 41% |
| Built year | 1987 | 1985 | 59% |
| HOA | $477.0 | $415 | 76% |
| Days on market | 173 | 157 | 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












