20-Unit Multifamily Investment
For Sale
$5,950,000
532 N 1St, El Cajon, CA 92021
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 Market140
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:
Bluxen, Inc
(951) 226-5454
Listed By:
Farid Khayamian (info@bluxen.com) · License #01835318
(858) 535-0000
Source:
Mrmurrieta
Added: Apr 24
Changed: Sep 6
Last Checked: Sep 9 at 10:35AM
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 Bluxen, Inc
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
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Current Use
Location Intelligence
Trade Area within ½ mile
1,821
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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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
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
