$420,000
●
Condo -
Off Market
389 Shady Ln #D
El Cajon, CA 92021
2 Beds
2 Baths,
1
Half Bath
1,050 Ft²
$2,544
Est. Monthly
$432
HOA / Fees
7.56%
Cap Rate
About This Property
Discover the welcoming charm of this beautifully maintained
2-bedroom, 2.5-bath condominium, offering a spacious 1,050 sq. ft.
layout that truly feels like a single-family home. This inviting
residence features a brand-new central heating and air system,
ensuring year-round comfort at your fingertips. Ideally situated in
a prime location, you are just moments away from an array of
shopping, dining, top-rated schools, and local churches, putting
everything you need within easy reach. For those who love the
outdoors, the popular Wells Park is nearby-a favorite local
destination for walkers, joggers, and kids alike. If you are
looking for a move-in-ready home that balances a peaceful,
neighborhood feel with unparalleled access to city amenities, this
is the one!
Unit Size
1,050 Ft²
Days on Market
52 days
Land Size
-
Price per sqft
$410
Property Type
Condo
Property Taxes
-
HOA Dues
$432
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 7 months ago (SDMLS #PTP2601059)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 3, 2026 | Sold | ||
| Sold | |||
| Mar 21, 2026 | In contract | - | |
| In contract | |||
| Mar 8, 2026 | Price Decreased |
$429,999
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Feb 7, 2026 | Listed by San Diego Homes Realty | $439,999 | |
| Listed by San Diego Homes Realty | |||
| Dec 30, 2021 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Garage Spaces: 1
Open Parking Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: AllBedroomsUp
Laundry Features: Washer Hookup, Electric Dryer Hookup, Laundry Room
Has Fireplace
Fireplace Features: Family Room
Exterior Details
Has Property Attached
Square Footage: 1050
Square Footage Source: $0
Year Built Source: Assessor
Year Built: 1981
Levels: Two
Pool Features: None
Lot Size Units: Square Feet
Utilities Details
Cooling Type: Central Air
Location Details
HOA/Condo/Coop Fee Includes: Sewer
HOA/Condo/Coop Amenities: Maintenance Grounds, Hot Water, Trash, Water, MaintenanceFrontYard
HOA Fee: $432
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/07/2026
|
2 Bed
|
2 Bath
|
1050 ft²
|
$439,999
2 Bed
2 Bath
1050 ft²
|
$420,000
-4.55%
04/03/2026
|
Mike Aqrawi
eXp Realty of California, Inc.
| |
|
11/01/2024
|
3 Bed
|
2 Bath
|
1386 ft²
|
$588,000
3 Bed
2 Bath
1386 ft²
|
$465,000
-20.92%
05/07/2025
|
Zina Hanna
Coldwell Banker West
| |
|
08/02/2024
|
2 Bed
|
3 Bath
|
1050 ft²
|
$428,900
2 Bed
3 Bath
1050 ft²
|
$440,000
+2.59%
08/30/2024
|
Ricardo Velarde
Realty One Group Pacific
| |
|
11/20/2022
|
3 Bed
|
2.5 Bath
|
1386 ft²
|
$489,000
3 Bed
2.5 Bath
1386 ft²
|
-
-
|
Mike Yalda
Keller Williams Realty
| |
|
02/12/2022
|
2 Bed
|
3 Bath
|
1050 ft²
|
$429,000
2 Bed
3 Bath
1050 ft²
|
-
-
|
Jonathan Mann
Strata Property Solutions Inc.
| |
|
11/19/2021
|
2 Bed
|
3 Bath
|
1050 ft²
|
$395,900
2 Bed
3 Bath
1050 ft²
|
$415,000
+4.82%
12/28/2021
|
Michael Tanous
Sunny Coast Realty
| |
|
11/05/2021
|
3 Bed
|
3 Bath
|
1386 ft²
|
$449,000
3 Bed
3 Bath
1386 ft²
|
$485,000
+8.02%
12/14/2021
|
Jill Vodicka
RE/MAX United
| |
|
07/31/2020
|
3 Bed
|
2 Bath
|
1386 ft²
|
$349,900
3 Bed
2 Bath
1386 ft²
|
$360,000
+2.89%
09/02/2020
|
Courtney Cameron
Big Block Realty, Inc
| |
|
08/17/2018
| |
2 Bed
|
2 Bath
|
1050 ft²
|
$289,000
2 Bed
2 Bath
1050 ft²
|
$278,500
-3.63%
02/05/2019
|
Colleen Moore
Thank You Heroes Realty
|
|
10/14/2016
|
2 Bed
|
2 Bath
|
1050 ft²
|
$239,900
2 Bed
2 Bath
1050 ft²
|
$240,000
+0.04%
12/29/2016
|
Brian Lozano-Torres
Keller Williams Realty
| |
|
08/07/2013
|
3 Bed
|
2 Bath
|
1386 ft²
|
$199,900
3 Bed
2 Bath
1386 ft²
|
$190,000
-4.95%
12/24/2013
|
Rose Avedisian
Bancroft Realty
| |
|
04/21/2012
|
2 Bed
|
2 Bath
|
1050 ft²
|
$105,000
2 Bed
2 Bath
1050 ft²
|
$107,200
+2.10%
08/01/2012
|
Marc Carpenter
Allison James Estates & Homes
| |
|
01/03/2012
|
2 Bed
|
2 Bath
|
1050 ft²
|
$129,000
2 Bed
2 Bath
1050 ft²
|
$125,000
-3.10%
02/10/2012
|
Hillary Knutson
Middleton & Associates
|
Building Info
About El Cajon
Similar Homes for Sale
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Listed by: Mike Aqrawi, San Diego Homes Realty
Last Updated: 7 months ago
Data Source: CRMLS, MLS# PTP2601059
Last Updated: 7 months ago
Data Source: CRMLS, MLS# PTP2601059
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