514 Shady Lane C, El Cajon, California 92021, El Cajon, 92021 - 2 bed, 2 bath
514 Shady Lane C
El Cajon, California 92021
Property Price
SUMMARY
Analysis of 514 Shady Lane C, El Cajon, California 92021 is currently available with a list price of $425,000. 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 1965, this property is aged but maintained. While the listing highlights it as 'move-in ready' with 'fresh interior paint,' these are cosmetic refreshes rather than the extensive renovations required for a 'Good' or 'Excellent' rating. The kitchen and bathrooms appear functional but dated, consistent with a property that has undergone occasional updates over its 60-year lifespan rather than a full modern overhaul. Major systems are likely functional but nearing the end of their expected lifecycles.
PROSSTRENGTHS & OPPORTUNITIES
- Move-In Ready Condition
The condo has been freshly painted and is move-in ready, featuring a bright and functional layout that is ideal for first-time buyers or investors looking for immediate occupancy.
- Community Amenities
The complex offers excellent lifestyle value with access to a swimming pool and basketball court, while the HOA conveniently covers essential utilities like water and trash.
- Strategic Location
The property is conveniently located near major shopping centers, diverse dining options, and schools with easy freeway access, providing great connectivity for commuters.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $600 is relatively high for this price point, which may impact the overall affordability and debt-to-income ratio for potential buyers.
- Underperforming School District
The assigned public schools carry low ratings (ranging from 2 to 3), which could be a significant drawback for families and may affect the property's long-term resale value.
About 514 Shady Lane C
This freshly painted, move-in ready condo is a great opportunity for first-time buyers or investors in a quiet, established El Cajon community. The unit features a functional layout, bright living space, and comfortable bedrooms, recently refreshed with new interior paint. Enjoy low-maintenance living with an HOA that covers water and trash and maintains the common areas. Community amenities include a swimming pool and basketball court, offering added lifestyle value. Conveniently located near shopping, dining, schools, and easy freeway access.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1965
- Lot Size
- 218,671.203 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $600.0 / Month
Neighborhood Insights
El Cajon Unified Schools
Naranca Elementary School
Grades K-5 • 0.5 mi
Cajon Valley Middle School
Grades 6-8 • 1.0 mi
El Cajon Valley High School
Grades 9-12 • 0.5 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 | 1,088 | 814 | 84% |
| Lot Size | 218,671.203 | 18,177 | 84% |
| Price | $425.0K | $410.0K | 64% |
| Price per sq ft | $391 | $451 | 12% |
| Built year | 1965 | 1985 | 8% |
| HOA | $600.0 | $411 | 92% |
| Days on market | 51 | 188 | 8% |
Pricing History
Listed for Sale
Feb 24, 2026
$425,000
$445,000
-4% Price Drop
Initial Listing
Price Change
Jan 31, 2026
$445,000
$470,000
-5% Price Drop
Initial Listing
Price Change
Jan 15, 2026
$470,000
Initial Listing
Sold
Nov 14, 2023
$447,000
Public Record
Sold
Nov 20, 2018
$285,000
Public Record
Sold
Apr 8, 2016
$230,000
Public Record