
El Cajon, California 92020
This Condominium presents a High-Potential Investment Opportunity, listed at $476,000—positioned well below the $342,512 Fair Market Value by -38%. While the list price exceeds the current estimation, the property offers rare utility with a one-car garage, private patios, and VA-approved status. With a Condition Rating of 5, the home requires modernization, providing a canvas for value-add renovations. This asset is ideal for Buy-and-Hold Investors or first-time buyers seeking a well-located, customizable residence in El Cajon.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 620 E Lexington 13 Subject | $476,000* List Price | 2 | 2 | 864 | $396 | - |
A 480 S Anza Sold | $365,000 | 2 | 2 | 900 | $406 | 0.3 mi |
B 174 Chambers St 1 Sold | $370,000 | 2 | 2 | 925 | $400 | 0.9 mi |
C 602 S Mollison C Sold | $459,000 | 2 | 2 | 1,024 | $448 | 0.3 mi |
D 1000 S Mollison Ave 12 Sold | $485,000 | 3 | 2 | 1,014 | $478 | 0.8 mi |
E 505 E Madison Ave 70 Active | $395,000 List Price | 2 | 2 | 925 | $427 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1990 (34 years old), the property exceeds the 30-year threshold for original condition. The listing description notes 'potential' and the opportunity to 'personalize,' which typically indicates dated kitchen, baths, and systems that have not undergone a major renovation in over 30 years.
This unit features a highly sought-after one-car garage—a rare find in the complex—along with both a private front and a spacious back patio, offering exceptional utility and outdoor living.
The complex is VA-approved and maintains relatively low HOA dues of $355, making it an affordable and accessible option for veterans and first-time buyers.
As a first-floor corner unit, the property provides superior privacy, easier accessibility, and more natural light compared to standard interior units within the community.
The assigned middle and high schools carry lower ratings (3/10), which may be a drawback for families prioritizing high-performing educational environments.
The listing emphasizes the opportunity to 'personalize' the home, suggesting that the interior finishes may be dated and require additional investment to meet modern aesthetic standards.
VA Approved Complex! Rare opportunity to own a first-floor corner unit in this well-maintained El Cajon community. This 2-bedroom, 1.5-bathroom home offers a unique combination of privacy and potential, featuring a private front patio, spacious back patio, and a highly sought-after one-car garage—one of only a handful available in the entire complex. Residents enjoy low HOA dues, a sparkling community pool, and a convenient location near shopping, dining, schools, and everyday essentials. Whether you're a first-time buyer, investor, or someone looking to personalize a home to your own style, this property offers exceptional value and hard-to-find features in an established community.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 864 | 917.5 | 32% |
| Lot Size | 42,350 | 25,658.5 | 64% |
| Price | $476.0K | $401.5K | 89% |
| Price per sq ft | $551 | $449 | 96% |
| Built year | 1990 | 1984 | 71% |
| HOA | $355.0 | $388 | 43% |
| Days on market | 2 | 152 | 4% |
Jun 4, 2026
$476,000
Initial Listing
Dec 23, 2009
$75,000
Public Record
Jan 27, 2005
$258,000
Public Record