
El Cajon, California 92021
This 3-bedroom townhome represents a High-Potential Investment Opportunity, listed at $519,900—positioned well below the $504,602 Fair Market Value by -3%. Featuring a Condition Rating of 4, the property offers a fresh interior refresh while allowing for value-add cosmetic updates in the kitchen and baths. With VA/FHA financing approval and access to community amenities like a pool and greenbelt, this asset is ideal for Buy-and-Hold Investors or first-time buyers seeking to build equity through strategic personalization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8010 Winter Gardens B Subject | $519,900* List Price | 3 | 2 | 1,323 | $381 | - |
A 8022 Winter Gardens Blvdx B Sold | $520,000 | 3 | 3 | 1,323 | $393 | 0.1 mi |
B 11911 Royal Rd. C Sold | $535,000 | 3 | 2 | 1,323 | $404 | 0.0 mi |
C 11935 Royal Rd E Sold | $550,000 | 3 | 3 | 1,323 | $416 | 0.1 mi |
D 11935 Royal Rd B Sold | $393,500 | 3 | 2 | 1,323 | $297 | 0.1 mi |
E 11911 Royal Road Active | $609,000 List Price | 3 | 2 | 1,344 | $453 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, the property has received a recent surface refresh with brand-new interior paint and flooring. However, the kitchen and bathrooms are explicitly noted as needing cosmetic updates, and visual evidence shows dated tile-work, older vanities, and popcorn ceilings. While functional and move-in ready, the core systems and wet areas exceed the 20-year threshold for modern standards.
Priced significantly below comparable properties and featuring both VA and FHA approval, this townhome offers a rare, accessible entry point for buyers looking to build instant equity.
The property features brand-new interior paint and new flooring throughout, providing a clean, move-in-ready foundation that minimizes immediate post-closing maintenance.
A large private patio connects directly to a two-car covered carport and dedicated storage, complemented by community amenities including a swimming pool and scenic greenbelt views.
The kitchen and bathrooms require cosmetic updates to meet modern standards, which will necessitate additional capital investment from the buyer after purchase.
The monthly association fee of $467 adds a significant fixed expense to the buyer's monthly carrying costs, which may impact overall affordability for budget-conscious shoppers.
Don't miss this charming 3-bedroom townhome located in a well-maintained community in the heart of El Cajon. Priced well below comparable properties, this home offers an incredible opportunity for first-time buyers, investors, or anyone looking to add their own personal touches and build instant equity. Inside, you'll find brand-new interior paint and new flooring throughout, creating a fresh, clean feel from the moment you walk in. The home also includes a newer full-size washer and dryer that convey with the sale for added convenience. While the kitchen and bathrooms could benefit from some cosmetic updates, they provide the perfect opportunity to customize the home to your taste and add value over time. Step outside to a large private patio that leads directly to a two-car covered carport, along with two dedicated storage closets for all your extra storage needs. The community offers abundant open green space, a large swimming pool, recreation area, and playground, providing plenty of opportunities to relax and enjoy the outdoors. An added bonus: the complex is VA and FHA approved, making financing accessible to a wide range of buyers. With its attractive price, fresh updates, and outstanding potential, this is one of the best values currently available in El Cajon. Don't miss your chance to make it your own!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,323 | 1,323 | 50% |
| Lot Size | 239,529 | - | 94% |
| Price | $519.9K | $510.0K | 53% |
| Price per sq ft | $393 | $404 | 35% |
| Built year | 1973 | 1981 | 12% |
| HOA | $467.0 | $467 | 50% |
| Days on market | 11 | 107 | 12% |
Jun 3, 2026
$519,900
Initial Listing
May 11, 1999
$94,500
Public Record