CUP-Approved Senior Care Development
For Sale
$5,700,000
1163 N 2nd St, El Cajon, CA 92021
1.33-acre commercial-zoned parcel with an approved CUP for an elderly residential care facility.
Property SizeContact for details
Days on Market51
Property Features for 1163 N 2nd St
General Information
Standard status
Active
Property subtype
COMMERCIAL
Taxes and HOA fees
Annual Taxes
$20,754
Listing Agency:
Coldwell Banker Realty
Listed By:
Anita Reynolds · License #01845775
(858) 692-3790
Source:
Velocityrealtysd
Added: Jul 24
Changed: Aug 31
Last Checked: Sep 12 at 9:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This 1.33-acre commercial-zoned parcel is approved for development under a Conditional Use Permit (CUP) for a Residential Care Facility for the Elderly (RCFE). Approved plans call for a 3-story, 87,603 SF building featuring 148 rooms/156 beds, including 128 assisted living and 28 memory care, along with a central courtyard, two balconies, and 62 covered parking spaces.
The seller has completed the full architectural and civil plan set and a Phase 1 Environmental Site Assessment, which is described as having removed significant entitlement risk. A third-party demand study by Susan Brecht & Associates supports market need, and the City of El Cajon projects a 27.1% increase in residents aged 65+ by 2050.
The opportunity is described as turnkey for a senior housing developer or operator to move directly into construction, and buyers are required to independently verify all permits, entitlements, square footage, and development potential with the City of El Cajon.
The seller has completed the full architectural and civil plan set and a Phase 1 Environmental Site Assessment, which is described as having removed significant entitlement risk. A third-party demand study by Susan Brecht & Associates supports market need, and the City of El Cajon projects a 27.1% increase in residents aged 65+ by 2050.
The opportunity is described as turnkey for a senior housing developer or operator to move directly into construction, and buyers are required to independently verify all permits, entitlements, square footage, and development potential with the City of El Cajon.
Key Highlights
- 1.33‑acre Commercial‑zoned parcel in El Cajon with an approved Conditional Use Permit (CUP) for an RCFE (residential care facility for the elderly).
- Approved plans include a 3‑story, 87,603 SF facility with 148 rooms/156 beds: 128 assisted living and 28 memory care.
- Design features include a central courtyard and two balconies, as reflected in the approved plans.
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Current Use
Location Intelligence
Trade Area within ½ mile
985
Businesses Nearby
Explore this area
Business Placement
Demographics for 92021, CA
70,584
Population
23,360
Households
3
Avg Household Size
37
Median Age
22%
College-Educated
86%
High-School Grad
28.0 sq mi
ZIP Area
2,521
Density / Sq Mi
$69,979
Median Household Income
$37,739
Median Earnings
$1,818
Median Rent
$572,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - 1.33-acre commercial-zoned parcel with an approved CUP for an elderly residential care facility.
Where is this commercial land located?
The property is located at 1163 N 2nd St El Cajon, CA.
What is the asking price?
The asking price for this property is $5,700,000.
What are key features of this property?
This property features: 1.33‑acre Commercial‑zoned parcel in El Cajon with an approved Conditional Use Permit (CUP) for an RCFE (residential care facility for the elderly).; Approved plans include a 3‑story, 87,603 SF facility with 148 rooms/156 beds: 128 assisted living and 28 memory care.; Design features include a central courtyard and two balconies, as reflected in the approved plans.
