444-60 Graves Avenue, El Cajon, CA 92020

Listing office CBRE - San Diego n***@outlook.com Show Phone

Listing date Jun 18, 2026

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Overview

Maronda Terrace is a gated multifamily community built in 1972, offering 56 units within a diversified mix of one- and two-bedroom layouts. The unit mix includes seven one-bedroom/one-bath units, ten two-bedroom/one-and-a-half-bath townhome units, and thirty-nine two-bedroom/two-bath units. The property has received extensive capital improvements designed to reduce deferred maintenance and support ongoing operations.

Recent upgrades include roof replacements on most buildings with long-term warranties, upgraded electrical subpanels, exterior paint, and parking lot resurfacing. Additional improvements include interior property fencing, asphalt improvements throughout parking areas, updated water heaters, and completion of SB721 balcony inspections.

For buyers seeking a residential income asset with a broad tenant mix, the combination of townhome-style two-bedroom units and updated major building components provides a practical foundation for near-term operational continuity. The focus on capital work across roofing, electrical, parking, and balcony inspections may be especially relevant for investors looking to limit immediate capital expenditures while maintaining unit and common-area readiness.

Suggested Use

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Location Insight

• Map
• Local Demand

City

El Cajon

County

San Diego

State

California

Longitude

-116.960918

Latitude

32.7999452

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FAQs

What type of property is this?

Apartment building - 56-unit gated multifamily property with a diversified mix of one- and two-bedroom townhome-style residences.

Where is this apartment building located?

The property is located at 444-60 Graves Avenue El Cajon, CA.

What is the asking price?

The asking price for this property is $14,550,000.

What are key features of this property?

This property features: 56‑unit gated multifamily built in 1972 on an approx. 1.84‑acre parcel in El Cajon; Unit mix: 7 one bed/one bath, 10 two bed/1.5 bath townhome‑style units, and 39 two bed/2 bath units; Most buildings include roof replacements with long‑term warranties