851 S Mollison Avenue 29, El Cajon, California 92020, El Cajon, 92020 - 2 bed, 2 bath
ACTIVE$469,000
851 S Mollison Avenue 29, El Cajon, California 92020
2Beds
2Baths
960Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Investment Potential: The property is explicitly marketed as a 'Perfect investment opportunity!', suggesting strong rental demand or appreciation potential.
Top Cons:
Monthly Association Fee: A significant monthly association fee of $377.0 adds to the recurring cost of ownership, impacting affordability and investment returns.
Compared to the nearby listings
Price:$469.0K vs avg $437.5K (+$31,500)64%
Size:960 sqft vs avg 942.5 sqft50%
Price/sqft:$489 vs avg $44971%
More Insights
Built in 1987 (38 years old).
Condition: The property, built in 1987, features a significantly upgraded kitchen with modern granite countertops, white shaker cabinets, stainless steel appliances, subway tile backsplash, and recessed lighting, indicating a renovation within the last 5-15 years. While the bathrooms are clean and functional, they present a more dated style compared to the kitchen. The overall condition, including flooring and general upkeep, appears well-maintained, making the property move-in ready with no immediate major renovations required, aligning with the 'Good' condition criteria.
Year Built
1987
Close
-
List price
$469K
Original List price
$475K
Price/Sqft
$489
HOA
$377
Days on market
-
Sold On
-
MLS number
PTP2500108
Home ConditionGood
Features
Good View: City Lights
Patio
ViewCity Lights
About this home
Perfect investment opportunity! Great two story units in the beautiful The Galleria complex. With private patio. Laundry closet for full size washer/dryer off patio 2 bedrooms &1 bath upstairs 1/2 bath downstairs. Upgrade kitchen with Granite counter top, Gated community.
Condition Rating
Good
The property, built in 1987, features a significantly upgraded kitchen with modern granite countertops, white shaker cabinets, stainless steel appliances, subway tile backsplash, and recessed lighting, indicating a renovation within the last 5-15 years. While the bathrooms are clean and functional, they present a more dated style compared to the kitchen. The overall condition, including flooring and general upkeep, appears well-maintained, making the property move-in ready with no immediate major renovations required, aligning with the 'Good' condition criteria.
Pros & Cons
Pros
Investment Potential: The property is explicitly marketed as a 'Perfect investment opportunity!', suggesting strong rental demand or appreciation potential.
Upgraded Kitchen: Features an 'Upgrade kitchen with Granite counter top', providing a modern and attractive cooking space.
Gated Community: Located within a 'Gated community', offering enhanced security and a sense of exclusivity.
Private Outdoor Space: Includes a 'private patio', providing valuable outdoor living and relaxation space.
In-Unit Laundry: Equipped with a 'laundry closet for full size washer/dryer off patio', offering convenient in-unit laundry facilities.
Cons
Monthly Association Fee: A significant monthly association fee of $377.0 adds to the recurring cost of ownership, impacting affordability and investment returns.
Compact Square Footage: With 960 sqft, the unit offers relatively compact living space for a 2-bedroom, 2-bath property, which may limit appeal for some buyers.
Building Age: Built in 1987, the property is older, which could imply potential for future maintenance or updates to original systems within the unit or complex.