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505 E Madison Ave 70 — El Cajon — 2 Beds • 2 Baths • 925 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+5 more

$404,999

0 DOM

$438/sqft2 bd2 ba925 sqftHOA ~477/mo

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505 E Madison Ave 70 El Cajon, CA 92020

Located in a desirable community on Madison Avenue in El Cajon, this charming condo offers a fantastic opportunity for comfortable living. The complex provides residents with a variety of sought-after amenities, including a sparkling pool for warm summer days and full-service support for a truly low-maintenance lifestyle. Just minutes from local parks, shopping, and dining, this location provides the perfect balance of suburban tranquility and convenient access to all the best that El Cajon has to offer, including a quick commute to San Diego's many attractions.

MLS PTP2602758

619-642-2226 (Office) 619-642-2226 (Cell) Mike@sandiegohomesrealty.com

Est. payment

$3,065/mo

Principal & interestTaxesInsuranceHOA

$2,048$422$118$477

Down %

Rate %

Years

Down payment: $81,000 · Total cost: $818,242

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$3,065/mo

Principal & interest: $2,048
Est. property tax: $422
Est. insurance: $118
HOA (normalized / mo): $477
Down payment: $81,000

Est. gross rent$1,687/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-1,378/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Virtual Tour

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Price History

Event	Date	Price	Change
Listed	Apr 13, 2026	$404,999	—

Facts & Features

Transaction Data

HOA Fee$477/monthly

Structure & Property

Year Built1987

619-642-2226 (Office) 619-642-2226 (Cell) Mike@sandiegohomesrealty.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

505 E Madison Ave 70, El Cajon, CA 92020

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505 E Madison Ave 70 El Cajon, CA 92020

About this home

Mike Aqrawi

Est. monthly payment

Mortgage vs rent

Virtual Tour

Price History

Facts & Features

Transaction Data

Structure & Property

Mike Aqrawi

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.

505 E Madison Ave 70, El Cajon, CA 92020

About This Property

Property Photos

505 E Madison Ave 70 El Cajon, CA 92020

About this home

Mike Aqrawi

Est. monthly payment

Mortgage vs rent

Virtual Tour

Price History

Facts & Features

Transaction Data

Structure & Property

Mike Aqrawi

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.