505 E Madison Ave 76, El Cajon, California 92020, El Cajon, 92020 - 2 bed, 2 bath
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El Cajon, California 92020
This Turnkey Condominium is a Strong Value Opportunity, listed at $470,000—positioned well above the $459,643 Fair Market Value by -2%. Featuring a Condition Rating of 2, the unit offers a modern, move-in-ready aesthetic with remodeled bathrooms and updated kitchen. Residents enjoy a gated community with two pools and fitness centers. While school ratings are modest, the property’s accessibility and recent interior renovations make it an ideal choice for first-time buyers or owner-occupants seeking a low-maintenance, stylish lifestyle in a convenient location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 505 E Madison Ave 76 Subject | $470,000* List Price | 2 | 2 | 925 | $496 | - |
A 550 Graves Avenue 8 Sold | $396,000 | 2 | 2 | 808 | $490 | 0.3 mi |
B 300 Roanoke Rd 14 Sold | $415,000 | 2 | 2 | 971 | $427 | 0.2 mi |
C 792 Avocado Avenue 7 Sold | $399,999 | 2 | 1 | 789 | $507 | 0.9 mi |
D 180 Chambers Street 7 Sold | $445,000 | 2 | 2 | 925 | $481 | 0.7 mi |
E 438 S Anza Street Sold | $349,900 | 2 | 1 | 900 | $389 | 0.8 mi |
F 732 E Lexington 19 Sold | $349,000 | 2 | 1 | 910 | $384 | 0.5 mi |
G 160 Chambers St. 15 Sold | $460,000 | 2 | 2 | 925 | $497 | 0.7 mi |
H 489 S Lincoln Avenue Sold | $428,000 | 2 | 2 | 928 | $461 | 0.7 mi |
I 174 Chambers St 1 Active | $445,000 List Price | 2 | 2 | 925 | $481 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the building was constructed in 1987, the unit has undergone a comprehensive recent renovation (likely <5 years) featuring modern large-format marble-style tile flooring, recessed lighting, and dual-pane windows. The kitchen and bathrooms are explicitly listed as updated/remodeled, and the interior presents in mint, move-in-ready condition.
The unit features comprehensive renovations including new flooring, dual-pane windows, and remodeled kitchen and bathrooms, providing a move-in-ready aesthetic for buyers.
Located in a gated community, residents benefit from extensive onsite facilities including two pools, two fitness centers, and dedicated dog-walking areas.
As a first-floor unit with an assigned covered carport, the property offers excellent accessibility and convenience, appealing to a wide range of demographics.
The assigned public schools for this location have low performance ratings (2-3 out of 10), which may be a deterrent for families prioritizing education.
The lack of in-unit laundry hookups requires residents to use shared community facilities, which is often viewed as a significant inconvenience in the modern condo market.
First-floor unit ready to call home! This updated condo features new flooring, dual-pane windows, an updated kitchen, and remodeled bathrooms. Warm and inviting with modern touches throughout, it offers both comfort and style. Located within a gated community for added privacy, residents enjoy access to two pools, two fitness centers, a dog-walking area, and two well-maintained laundry facilities. The home includes an assigned covered carport parking space, with ample street parking available for guests. Conveniently located near schools, shopping centers, dining, and major freeways, making everyday living easy and accessible. A great opportunity to enjoy comfort, convenience, and value in one place.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 0.1 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 925 | 937 |
| Lot Size | 163,211 | 163,350 |
| Price | $470.0K | $454.4K |
| Price per sq ft | $508 | $457 |
| Built year | 1987 | 1985 |
| HOA | $477.0 | $496 |
| Days on market | 44 | 63 |
Jun 8, 2026
$470,000
Initial Listing
Jul 12, 2019
$250,000
Public Record
Oct 22, 2009
$88,000
Public Record
Jan 7, 2005
$235,000
Public Record