
El Cajon, California 92020
This Turnkey Condominium represents a Strong Value Opportunity, listed at a List Price of $435,000—positioned well below the $438,136 Fair Market Value by 0.7%. This valuation gap offers $3,136 in Instant Equity. Featuring a Condition Rating of 2, the unit boasts modern interior updates, including new flooring and remodeled bathrooms. Residents enjoy a gated community with two pools and fitness centers. This property is an ideal fit for first-time buyers or owner-occupants seeking a move-in-ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 505 E Madison Ave Subject | $435,000* List Price | 2 | 2 | 925 | $474 | - |
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 459 Ballantyne St 31 Sold | $327,000 | 1 | 1 | 710 | $461 | 0.0 mi |
G 732 E Lexington 19 Sold | $349,000 | 2 | 1 | 910 | $384 | 0.5 mi |
H 160 Chambers St. 15 Sold | $460,000 | 2 | 2 | 925 | $497 | 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.
The property features a recent comprehensive interior renovation (likely <5 years) including new marble-look tile flooring, recessed lighting, dual-pane windows, and updated kitchen and bathrooms. While the building was constructed in 1987, the unit itself is in mint, move-in-ready condition with modern finishes.
The unit features significant recent upgrades including new flooring, dual-pane windows, and fully remodeled kitchen and bathrooms, offering a move-in-ready experience with contemporary finishes.
Located in a secure gated community, residents have access to premium amenities including two pools, two fitness centers, and a dedicated dog-walking area, enhancing the overall lifestyle value.
This first-floor unit provides excellent accessibility and includes an assigned covered carport, all while being situated near major freeways, shopping centers, and local dining.
The assigned public schools for this address have low ratings (ranging from 2 to 3), which may be a concern for families and could impact future resale demand.
The monthly HOA fee of $477 represents a significant recurring cost that may affect the overall affordability and debt-to-income ratio for potential buyers.
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 | 984.595 |
| Lot Size | 163,211 | 97,331.676 |
| Price | $435.0K | $434.4K |
| Price per sq ft | $470 | $444 |
| Built year | 1987 | 1985 |
| HOA | $477.0 | $436 |
| Days on market | 49 | 56 |
Jul 22, 2026
$435,000
Initial Listing
Nov 1, 2005
$253,500
Public Record