Gated Multifamily Apartment
444 Graves Avenue El Cajon, CA 92020
444 Graves Avenue, El Cajon, CA, 92020
$14,550,000
For Sale
$14,550,000
Built in 1972, this 56-unit gated complex offers a mix of one- and two-bedroom townhome-style residences.
Lot Size1.84 Acres
Days on Market66
Property Features for 444 Graves Avenue
General Information
- Standard status
- Active
- Lot size
- 1.84 Acres
- Property subtype
- Commercial
Listing agency
Conor Brennan,Broker
Listed by
Conor Brennan
(714) 731-3777
Source
Sevengables
Added: May 17 Updated: Jul 21 at 3:12AM Checked: Jul 21 at 3:12AM
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 Conor Brennan,Broker
Investment Insights
Based on property information with market context.
Maronda Terrace is a gated multifamily apartment community built in 1972, providing 56 total units. 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 undergone extensive capital improvements aimed at reducing deferred maintenance. Recent upgrades include roof replacements with long-term warranties on most buildings, upgraded electrical subpanels, exterior paint, parking lot resurfacing, interior property fencing, asphalt improvements throughout parking areas, updated water heaters, and completed SB721 balcony inspections.
Overall, the improvements support a well-maintained asset with limited near-term capital expenditures expected based on the work described.
The property has undergone extensive capital improvements aimed at reducing deferred maintenance. Recent upgrades include roof replacements with long-term warranties on most buildings, upgraded electrical subpanels, exterior paint, parking lot resurfacing, interior property fencing, asphalt improvements throughout parking areas, updated water heaters, and completed SB721 balcony inspections.
Overall, the improvements support a well-maintained asset with limited near-term capital expenditures expected based on the work described.
Key Highlights
- 56‑unit gated multifamily property built in 1972 on a ±1.84‑acre parcel
- Unit mix includes 7 one‑bedroom/one‑bath, 10 two‑bedroom/one‑and‑a‑half‑bath, and 39 two‑bedroom/two‑bath units
- Roof replacements with long‑term warranties on most buildings
Property Analytics
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FAQs
What type of property is this?
Apartment building - Built in 1972, this 56-unit gated complex offers a mix of one- and two-bedroom townhome-style residences.
Where is this apartment building located?
The property is located at 444 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 property built in 1972 on a ±1.84‑acre parcel; Unit mix includes 7 one‑bedroom/one‑bath, 10 two‑bedroom/one‑and‑a‑half‑bath, and 39 two‑bedroom/two‑bath units; Roof replacements with long‑term warranties on most buildings
