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532 N 1st St

El Cajon, CA 92021
  • $8,000,000
  • STATUS: ACTIVE
  • ON SITE: 130 Days
  • ID#: 250018790
UPDATED: 58 min ago
$8,000,000
  • 8
    BEDS
  • 0.5
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

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.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
www.gellens.com/homes/160480549
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532 N 1st St El Cajon, CA 92021

  • Price: $8,000,000
  • Status: ACTIVE
  • On Site: 130 Days
  • Updated: 58 min ago
  • ID#: 250018790
8
Beds
4
Baths
0
½ Baths
0.5
Acres
Neighborhood:
El Cajon (92021)
County:
San Diego
Area:
El Cajon (92021)
Property Description
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.
Exterior Features

Carports 0 Construction DrywallOther/RemarksStucco Exterior None Parking Spaces Total 20 Roof CompositionOther/Remarks Units With Garages 0

Interior Features

Cooling OtherWall/Window Floor Coverings Vinyl Floors SlabWood Heating Wall Laundry Leased Sq Ft Of Improvement 0 Unit Furnished1 No Unit Furnished2 No Unit Furnished3 No Unit Furnished4 No Units With Dishwashers 0 Units With Disposals 0 Units With Ranges 20 Units With Refrigerators 20

Property Features

Actual Cap Rate 0.0 Actual Cash Flow 0 Actual Cash On Cash 0 Actual Gross Operating Income 0 Actual Gross Scheduled Income 0.0 Actual Operating Expense 0 Actual Total Pi Pay 0 Actual Vacancy And Credit Loss 0 Assumable Finance 0 Buildings 2 Complex Features BBQOther/Remarks Existing Financing Conventional Financial Information Source Owner Fiscal Year From 0 Fiscal Year To 0 Flood Zone Hazard Unknown Geological Hazard Zone Hazard Unknown Gross Equity 0 Gross Multiplier 0 Have 0 Mandatory Remarks None Known Market Area East County Monthly Rent Total 42150 Motive Want N Other Income Actual 0 Other Income Amount 0 Other Income Source 0 Short Sale No Special None Sq Ft Source Tax Record Tenant Pays Electric Y Tenant Pays Gas Y Tenant Pays Water N Terms CashCash to New LoanSubmit Unit Number1 10 Unit Number2 7 Unit Number3 2 Unit Number4 1 Unit Rent Total1 20000 Unit Rent Total2 15750 Unit Rent Total3 4200 Unit Rent Total4 2200 Unit Rent1 2000 Unit Rent2 2250 Unit Rent3 2100 Unit Rent4 2200 Unit Type Apartment Zoning R-3:RESTRI

San Diego MLS logo Listing provided courtesy of Farid Khayamian of Bluxen, Inc.: 858-922-4845. Listing information © 2025 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
 
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