540 Oakdale Lane A, El Cajon, California 92021, El Cajon, 92021 - 1 bed, 1 bath
Loading property details...
El Cajon, California 92021
This move-in ready condominium is a Strong Value Opportunity, listed at $299,000—positioned well below the $323,806 Fair Market Value by 7%. This valuation gap offers $24,806 in Instant Equity for the incoming owner. Boasting a Condition Rating of 3, the interior features updated wood-look laminate flooring and modern recessed lighting, complemented by community amenities including a swimming pool. Located near major freeways and El Cajon Valley High School, it balances accessibility with affordability. This property is a strategic choice for first-time buyers or Buy-and-Hold Investors seeking a turnkey asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 540 Oakdale Lane A Subject | $299,000* List Price | 1 | 1 | 704 | $460 | - |
A 1045 Peach Ave 3 Sold | $325,000 | 1 | 1 | 721 | $451 | 0.6 mi |
B 1045 Peach Ave 59 Sold | $325,000 | 1 | 1 | 721 | $451 | 0.6 mi |
C 930 Peach Ave 6 Sold | $330,000 | 1 | 1 | 625 | $528 | 0.8 mi |
D 1045 Peach Ave 69 Sold | $325,000 | 1 | 1 | 721 | $451 | 0.6 mi |
E 1386 E Madison Ave 47 Sold | $370,000 | 2 | 2 | 814 | $455 | 0.3 mi |
F 830 Broadway 15 Active | $359,000 List Price | 1 | 1 | 690 | $520 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with several modern updates that elevate its appeal despite the 1965 build year. The interior features updated wood-look laminate flooring, fresh neutral paint, and modern recessed lighting throughout. The kitchen has been partially refreshed with newer solid-surface countertops and a clean electric cooktop, although it retains dated original cabinetry and an older copper-toned wall oven. The bathroom is well-maintained with a double vanity, updated mirrors, and contemporary light fixtures. Overall, the unit shows pride of ownership with no immediate repairs required.
Listed at $299,000, this property represents a highly accessible entry point into the San Diego County market, especially considering it previously sold for $360,000 in 2022.
The unit is well-maintained and move-in ready, featuring a bright, functional layout that appeals to both first-time homebuyers and investors looking for immediate rental potential.
The property is ideally situated with easy access to major freeways, shopping, and dining, offering excellent convenience for commuters and residents seeking local amenities.
The monthly HOA fee of $600 is substantial for a one-bedroom unit, which significantly impacts the buyer's monthly debt-to-income ratio and overall purchasing power.
Built in 1965, the complex may require more frequent maintenance and lacks the modern energy-efficient features found in newer developments.
Welcome to this inviting and well-maintained lower-level unit offering comfort, convenience, and easy living in a desirable location. This charming residence features a bright and functional layout with spacious living areas, abundant natural light, and a seamless flow perfect for everyday living or investment potential. The kitchen offers ample cabinetry and workspace, while the bedrooms provide comfort and privacy for a variety of lifestyles. Ideally situated near shopping, dining, schools, and freeway access, this home combines practicality with accessibility. Whether you're a first-time buyer, downsizing, or adding to your portfolio, this move-in-ready property presents an excellent opportunity in the heart of El Cajon.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 20% |
| Baths | 1.0 | 2.0 | 37% |
| Square foot | 704 | 953 | 14% |
| Lot Size | 218,671.203 | 54,450 | 86% |
| Price | $299.0K | $420.0K | 3% |
| Price per sq ft | $425 | $451 | 29% |
| Built year | 1965 | 1981 | 6% |
| HOA | $600.0 | $430 | 94% |
| Days on market | 29 | 187 | 6% |
Mar 24, 2026
$299,000
Initial Listing
Jun 7, 2022
$360,000
Public Record
Jan 26, 2021
$216,000
Public Record
Feb 17, 2017
$35,500
Public Record