505 E Madison Ave

505 E Madison Ave, El Cajon, CA, 92020

Madison AvenueCommunity

Units for Sale

Front view of a two-story building with an arched entryway and balcony.

View Listing

MLS ID #PTP2305047

View Listing MLS ID #PTP2305047

Year Built

1987

# Stories

# Total Units

Unit Size Range

710-925 sqft

Unit Demand

Medium

Unit Availability

Medium

Building Description
Madison Avenue, located at 505 E Madison Ave, El Cajon, CA, is a single-story commercial building that was constructed in 1987. The property is not positioned on a waterfront, offering a practical space suitable for a variety of business operations. The structure is designed with functionality in mind, featuring durable construction materials typical of the late 1980s, ensuring longevity and dependability. Renovations have maintained its original character while accommodating modern business needs. Its layout is conducive to maximizing usable space, providing flexibility for various interior configurations. The building sits within the 92020 ZIP code, a well-traveled area known for its accessibility and proximity to local amenities. Surrounding Madison Avenue, one can find a diverse array of restaurants, retail establishments, and service-oriented businesses, making it an ideal location for enterprises that benefit from foot traffic and community engagement. Although Madison Avenue is not on the waterfront, its central location enhances the visibility and accessibility that are advantageous for prospective occupants. Ample parking and easy access to public transportation add practical benefits for both employees and clients, speaking to the building’s suitability for businesses seeking a strategic presence in El Cajon.

View Listing

MLS ID #PTP2305047

View Listing MLS ID #PTP2305047

Amenities

Parking

Locker

Concierge

Elevator

Central AC

Pool

Fitness Center

Visitors Parking

Building Policies

Pet Allowed

Short-term Rental Allowed

BBQ Permitted

Sublet Allowed

505 E Madison Ave Market Report (last 12 months)

Avg. List Price

$379,500 ($411/Sqft.)

Year-Over-Year List Price

0.05%

Total Listings

Avg. Days On Market

101

Avg. Sale Price

$325,000 ($458/Sqft.)

Year-Over-Year Sale Price

0.18%

Total Sold

Avg. HOA Fees/Sqft

$2 /monthly

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About 505 E Madison Ave

Condo Living at 505 E Madison Ave, located at 505 E MADISON AVE, EL CAJON, CA:

Welcome to 505 E Madison Ave, a charming condo building nestled in the heart of El Cajon, California. Built in 1987, this one-story gem features a cozy community vibe that is perfect for first-time buyers looking for an affordable yet stylish living option. The building holds 16 units, catering to a medium demand with a medium availability rate. Each unit offers suitability for new homeowners who appreciate a blend of comfort, security, and a welcoming atmosphere.

Building Features and Unit Availability:

The units at 505 E Madison Ave range in size from 710 to 925 square feet. With an average closing price of $325,000 and a price per square foot of $458, these condos are positioned as an affordable option in the market. Whether you’re a young professional or a small family, there’s likely a layout to fit your needs. With a total of 16 units and a pleasant community ambiance, living here feels like joining a close-knit family rather than just another real estate transaction.

Amenities You'll Love:

One of the highlights of life at 505 E Madison Ave includes access to delightful amenities designed to enhance your lifestyle. Imagine unwinding in a soothing spa/hot tub after a long day, or staying active at the fitness center available on-site. A refreshing pool offers a perfect getaway during warm California days. Plus, meandering along the lovely sidewalks surrounding the property adds a charm that enhances your daily walks or jogs. These community perks are there to elevate your living experience while connecting with your neighbors.

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