589 N Johnson Avenue 224, El Cajon, California 92020, El Cajon, 92020 - 2 bed, 2 bath
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El Cajon, California 92020
This Turnkey Condominium represents a Strong Value Opportunity, listed at $384,999—positioned well below the $400,995 Fair Market Value by 3%. This valuation gap offers $15,996 in Instant Equity for the buyer. Featuring a Good Condition Rating, the unit boasts a remodeled kitchen with granite countertops, updated flooring, and a private balcony with park views. With access to a community pool and spa, this property is an ideal choice for first-time buyers or owner-occupants seeking a move-in-ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 589 N Johnson Avenue 224 Subject | $384,999* List Price | 2 | 2 | 896 | $430 | - |
A 505 E Madison Avenue 92 Sold | $387,000 | 2 | 2 | 925 | $418 | 0.7 mi |
B 180 Chambers Street 7 Sold | $445,000 | 2 | 2 | 925 | $481 | 0.4 mi |
C 160 Chambers St. 15 Sold | $460,000 | 2 | 2 | 925 | $497 | 0.5 mi |
D 274 S Pierce Street Sold | $403,000 | 2 | 2 | 1,064 | $379 | 0.8 mi |
E 403 Emerald Ave Apt 8 Sold | $330,000 | 2 | 1 | 840 | $393 | 0.8 mi |
F 589 N Johnson Ave 247 Active | $355,000 List Price | 2 | 2 | 896 | $396 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1980, the property has been well-maintained and features significant updates including modern LVP flooring, remodeled bathrooms, and a kitchen with granite countertops and stainless steel appliances. The presence of central HVAC and the move-in ready condition of the renovations place it in the 'Good' category despite some dated elements like popcorn ceilings.
The unit features a fully remodeled kitchen with granite countertops, stainless steel appliances, updated flooring, and refreshed bathrooms, offering a turnkey, move-in-ready experience.
As a top-floor unit in a gated community, this home provides enhanced privacy, no overhead neighbors, and a peaceful balcony view of the community's park-like greenbelts.
Listed at $384,999, the property is priced competitively and sits below its 2022 sale price of $405,000, representing a strong value opportunity for buyers.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =196020, other record lot size in square feet = 195891.
At 896 square feet for a two-bedroom, two-bathroom configuration, the interior layout may feel restrictive for those requiring more spacious living or dining areas.
The $401 monthly association fee is a significant recurring cost that impacts overall affordability and the buyer's monthly debt-to-income ratio.
Top-floor, light-filled 2 bed, 2 bath condo located in a gated community in the heart of El Cajon! This beautifully maintained home features an open-concept kitchen with granite countertops, stainless steel appliances, and a seamless flow into the living and dining areas—perfect for everyday living and entertaining. Enjoy numerous upgrades throughout, including updated flooring, fresh paint, and remodeled bathrooms. The spacious primary suite offers a large bedroom, private bath, and walk-in closet, along with mirrored closet doors and ample storage throughout the unit. Step out onto your private balcony overlooking the peaceful park-like areas of the community—ideal for relaxing mornings or evening unwinding. Conveniently located in a quieter building within the complex, just steps from the community pool and spa. Additional features include central A/C & heat and two assigned parking spaces . Prime location close to Parkway Plaza, shopping, dining, and more. This is a must-see opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 896 | 937 |
| Lot Size | 196,020 | 163,350 |
| Price | $385.0K | $454.4K |
| Price per sq ft | $430 | $457 |
| Built year | 1980 | 1985 |
| HOA | $401.0 | $496 |
| Days on market | 68 | 63 |
May 15, 2026
$384,999
Initial Listing
Mar 4, 2022
$405,000
Public Record
May 4, 2005
$265,000
Public Record