800 N Mollison Street 51, El Cajon, California 92021, El Cajon, 92021 - 1 bed, 1 bath
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800 N Mollison Street 51
El Cajon, California 92021
ACTIVE
CONDITION: GOOD
1Beds
1Baths
460Sq Ft
0Lot Size
Property Price
LIST PRICE$299,000
EST. MARKET VALUE
$291,881
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at a List Price of $299,000—positioned well below the $291,882 Fair Market Value by -2%. Featuring a Good Condition Rating, this unit offers high-end finishes including Granite Kitchen countertops and stainless steel appliances. The property provides a unique financial advantage through an Assumable 2.75% VA Loan, significantly lowering monthly carrying costs. With resort-style amenities like a pool and fitness center, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable, move-in ready lifestyle.
Estimated Market Value
$291,881
Based on Realkey algorithm analyzing recent comparable sales in El Cajon.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 800 N Mollison Street 51 Subject | $299,000* List Price | 1 | 1 | 460 | $635 | - |
A 800 N Mollison 19 Sold | $305,000 | 1 | 1 | 460 | $663 | 0.0 mi |
B 930 Peach Ave 2 Sold | $336,500 | 1 | 1 | 625 | $538 | 0.1 mi |
C 930 Peach Avenue 11 Active | $349,000 List Price | 1 | 1 | 625 | $558 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1995, this unit is well-maintained and move-in ready. The interior features a renovated kitchen with granite countertops and stainless steel appliances, along with updated flooring and crown molding. While the building is nearly 30 years old, the turnkey condition and functional upgrades align with the 'Good' criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Financing Opportunity
The rare 2.75% assumable VA loan offers a significant competitive advantage, allowing qualified buyers to secure a monthly payment well below current market interest rates.
- Turnkey Interior Upgrades
The condo is move-in ready with high-end finishes including granite countertops, stainless steel appliances, and crown molding, reducing immediate post-purchase capital expenditures.
- Comprehensive Community Amenities
Villa Grigio provides excellent value through its gated security, resort-style pool, fitness center, and low HOA dues with no Mello-Roos, enhancing the property's lifestyle appeal.
CONSRISKS & DEFICIENCIES
- Limited Square Footage
At only 460 square feet, the living space is quite compact, which may restrict the buyer pool to individuals or couples and limit furniture arrangement options.
- Low School Ratings
The local elementary, middle, and high schools are rated between 2 and 3 out of 10, which could be a deterrent for families and potentially impact long-term appreciation.
About 800 N Mollison Street 51
ASSUMABLE VA LOAN AT 2.75%! Welcome to Villa Grigio, Unit 51 — a move-in ready 1-bedroom, 1-bathroom condo in a gated community in the heart of El Cajon, priced from $299,000 to $310,000. Qualified VA buyers can assume the seller's existing loan at a rock-bottom 2.75% interest rate with an approximate $195,000 balance, a rare opportunity to lock in payments well below today's market rates. This upgraded, turnkey condo features stainless steel kitchen appliances, granite countertops, and crown molding throughout, plus a stackable washer and dryer and one reserved parking space. The second-floor entry offers added privacy, and a wall/window cooling unit keeps things comfortable year-round. Enjoy low HOA dues and no Mello-Roos, plus resort-style community amenities including a sparkling pool, fitness center, barbecue and recreation area, on-site laundry facilities, and secure gated access, all set among mature, well-maintained landscaping. Centrally located near shopping, dining, and easy freeway access, this affordable El Cajon condo is a must-see for first-time buyers, downsizers, or investors.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1995
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $334.0 / Month
Neighborhood Insights
El Cajon Unified Schools
Naranca Elementary School
Grades K-5 • 0.3 mi
2/10
Cajon Valley Middle School
Grades 6-8 • 0.6 mi
3/10
El Cajon Valley High School
Grades 9-12 • 0.5 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 460 | 984.595 |
| Lot Size | - | 97,331.676 |
| Price | $299.0K | $434.4K |
| Price per sq ft | $650 | $444 |
| Built year | 1995 | 1985 |
| HOA | $334.0 | $436 |
| Days on market | 20 | 56 |
Pricing History
Listed for Sale
Aug 20, 2026
$299,000
Initial Listing
Sold
Dec 22, 2020
$215,000
Public Record
Sold
Jun 5, 2007
$155,500
Public Record