El Cajon Homes

El Cajon, CA 92020
$8,750,000
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OFFERS DUE Wednesday, July 16th at 4pm pacific time. This low-density, garden-style community consists of 35 apartment homes spread over more than two acres, offering an attractive unit mix of studios, one-, two-, and three-bedroom floor plans. The property features abundant on-site parking with 54 spaces, including 14 garages, as well as community amenities such as laundry facilities and a leasing office. The asset offers both immediate value-add and long-term development upside. Of the 35 units, 21 remain unrenovated (60% of total units), presenting a significant opportunity to raise rents and achieve an estimated $410 rent premium (24% increase in rental income). Additionally, the large underutilized lot provides the potential to expand the community up to 44 units by right under current zoning, with options to convert garage spaces into Accessory Dwelling Units (ADUs) or additional living areas. Please contact Merrick Matricardi in listing office for link to Confidentiality Agreement for access to OM and due diligence information. 858-369-3085 or merrick.matricardi@kidder.com.
El Cajon, CA 92021
$8,000,000
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A prime opportunity to acquire a fully leased, remodeled property consisting of 20 units—each featuring two bedrooms and one bathroom—in the heart of El Cajon. With over 12,000 square feet of living space on a spacious 21,928 square-foot lot, this property offers exceptional value. Located near the Highway 8 & 67 corridor, it benefits from immediate access to retail, dining, and essential services, as well as being close to Wells Park, the Boys & Girls Club of East County, and El Cajon Valley High School. Bluxen Real Estate presents a prime opportunity to acquire a fully leased, remodeled property consisting of 20 units—each featuring two bedrooms and one bathroom—in the heart of El Cajon. With over 12,000 square feet of living space on a spacious 21,928 square-foot lot, this property offers exceptional value. Located near the Highway 8 & 67 corridor, it benefits from immediate access to retail, dining, and essential services, as well as being close to Wells Park, the Boys & Girls Club of East County, and El Cajon Valley High School. (See Attached)
El Cajon, CA 92021
$6,450,000
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Regional Realty is pleased to exclusively market for sale a proposed single tenant sale leaseback (NNN) to CRT Plasma offering over a 7% cap rate. The proposed sale leaseback terms include a 15-year lease with 2.5% annual rental escalations throughout the primary term and four 5-year renewal options. The lease will be absolute triple net and feature no landlord responsibilities. The submarket boasts an extremely low vacancy rate of 3% according to CoStar. The practice is led by a Johns Hopkins-trained transfusion medicine specialist and has experienced strong success. Please inquire with broker for financial information. The 15,632-square-foot building is strategically located along Broadway, a primary thoroughfare with traffic exceeding 24,700 vehicles per day. Broadway hosts a wide range of major retailers, including Target, Food 4 Less, The Home Depot, Best Buy, ALDI, and Home Goods, as well as Parkway Plaza, a regional shopping center featuring Dick’s Sporting Goods, JC Penney, H&M, Regal Cinemas, Ashley, Bath & Body Works, and more. The property also offers close proximity to Interstate 8 (148,000 VPD) and CA-67 (100,000 VPD), enhancing accessibility. Situated in a densely populated area, the asset serves over 308,000 residents within a five-mile radius, with an average household income of $124,210.
El Cajon, CA 92020
$5,900,000
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We are pleased to present the “Franklin Ave Apartments,” located at 802-58 Franklin Avenue, a 24-unit multi-family community in Downtown El Cajon. Constructed in 1958, the asset features a unit mix comprised of fourteen (14) one bedroom/one-bathroom units averaging 575 square feet, and ten (10) two-bedroom/one-bathroom units averaging 780 square feet. Existing amenities include spacious common areas, an on-site laundry facility, and ample off-street parking. Significant rental lift can be captured by performing in-unit and community enhancements. The property is conveniently located in the heart of an energetic and thriving historic district, within walking distance to an array of local shopping and dining options, year-round live entertainment, theatre, and festivals. The City of El Cajon is the fifth largest city in San Diego County, with a diverse economic base, regional connectivity across three major highways, local bus services, and MTS trolley lines. One of the most populated areas in the metro, El Cajon contains the largest concentration of apartment inventory in San Diego County. The city is fortified by an inelastic renter base helping sustain a structurally low vacancy rate. The increase in rental demand is driven by a shifting interest to larger units and more green space, away from density and coastal areas. View More: https://www.marcusmillichap.com/properties/164738/franklin-ave-apartments
El Cajon, CA 92021
$4,750,000
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Owner/User or Investment Property. Value Add Multi-Tenant Office Building. High Traffic Area Surrounded by National Retailers Minutes off I-8 & I-67 METICULOUSLY MAINTAINED Asset! New Roof & Landscaping (2023) Separately Metered Electricity Flexible Sizes - Occupy up to 15,792 SF by the end of 2025 to qualify for SBA Financing*(*Buyer to verify) Below Market Rents with Many Short-Term Leases in Place
El Cajon, CA 92020
$4,650,000
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Proudly presenting a rare opportunity to own 13 single-story townhome units with incredible potential in the center of El Cajon! Conveniently located near public transit, shopping centers, banks, and schools, this property offers both accessibility and desirability for tenants. 12 units – 1 bed, 1 bath, 1 detached unit – 2 beds, 1 bath with a private one-car garage. Thoughtful design with garages between units for sound separation and added privacy, Spacious backyards for each unit
El Cajon, CA 92020
$4,000,000
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Prime location in Fletcher Hills, close to Freeway 125. Three (3) well maintained freestanding buildings on separate parcels. All leased with long term leases that run through 2024, 2025. Tenants pay for all utilities, water, sewer, trash and landscaping services. Easy access to off street parking in rear of buildings. Age of buildings to be verified by buyer, estimated construction of buildings in late 1950's - early 1960. Square footage of each building range from 1080 to 1248 sq ft. Buildings are sold together.
El Cajon, CA 92021
$4,000,000
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Excellent Investment for an Investor looking to buy a secure income producing property. Many long term tenants in this 14 unit office building. Property is meticulously maintained and has had several recent improvements like the lobby tile flooring was upgraded, lobby and all common areas have been freshly painted. In the past few years the building exterior has been painted and most of the HVAC units have been replaced. This property is one of the cleanest office buildings in El Cajon and a great investment for any buyer.
El Cajon, CA 92019
$3,250,000
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Level lot on corner of Hillsdale and Jamacha. 5.57 Acres. Prime location. Buyer to investigate and satisfy self as to what can be built on lot.
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