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532 N 1St, El Cajon, CA, 92021
20-Unit Multifamily Investment Opportunity

532 N 1St El Cajon, CA 92021

For Sale
$5,950,000

Multifamily property with strong income and upside potential in El Cajon.

Property Size12,000 SF
Lot Size0.50 Acres
Price / SF$495.83
Days on Market95

Property Features for 532 N 1St

General Information

Standard status
Active
Size
12,000 SF
Lot size
0.50 Acres
Property subtype
Commercial
Listing Agency:
Listed By: Farid Khayamian · License #01835318
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Jul 26 at 11:30AM

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 Farid Khayamian


Investment Insights

Based on property information with market context.

This 20-unit multifamily property in San Diego County presents an investment opportunity with strong in-place income and upside potential. The property features approximately 12,000 square feet of rentable space on a 21,928 square foot lot. The layout includes twenty two-bedroom, one-bathroom units. The property is located less than one mile from Town & Country Shopping Center El Cajon, Wells Park, Boys & Girls Club of East County, and El Cajon Valley High School, with access to Interstate 8 and State Route 67, providing connectivity to employment hubs throughout San Diego County. Several units have modernized kitchens, updated flooring (tile and carpet), and new bathroom vanities. Community amenities include gated entry, off-street parking, an on-site laundry facility, a community courtyard, and a swimming pool. The property is located in a walkable area with a walk score of 79, and a bikeable area with a bike score of 57. The area has some transit with a transit score of 37.

Key Highlights

  • Great Location on Major Hwy
  • Rustic and Ready
  • Various types of businesses will fit

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Parking Lot & Garage Travel Agency (Bike/Boat/Book/etc) Store Florist Tanning Salon Carpet & Flooring Store Clothing & Fashion Store Nursing Home (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Multifamily property with strong income and upside potential in El Cajon.
Where is this apartment building located?
The property is located at 532 N 1St El Cajon, CA.
What is the asking price?
The asking price for this property is $5,950,000.
What are key features of this property?
This property features: Great Location on Major Hwy; Rustic and Ready; Various types of businesses will fit
More about this property
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