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10-Unit Apartment Building
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594 Graves Ave, El Cajon, CA 92020

Two-bedroom units include on-site laundry and storage, with recent roof, paint, and interior renovation improvements.

Property SizeContact for details
Days on Market143

Property Features for 594 Graves Ave

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Greysteel
Listed By: Jason Lee · License #02068011
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 12:17PM

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 Greysteel

Investment Insights

Based on property information with market context.

This 10-unit apartment property in El Cajon features a consistent mix of two-bedroom, one-bath residences. Six units have undergone complete renovations, while the property also benefits from a new roof and recent exterior painting. On-site laundry and storage closets provide additional functionality for residents and operations.

The complex occupies a 19,973-square-foot lot at 594 Graves Ave. Existing improvements include income-producing laundry facilities and storage areas, with exterior upgrade opportunities identified in the property information. A stabilized cap rate of 7.2% is cited for the asset.

Key Highlights

  • 10‑unit apartment complex with a 2‑bedroom, 1‑bath unit mix
  • 6 out of 10 units have been fully renovated
  • New roof and recently painted exterior

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Travel Agency Florist Restaurant Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,730
Businesses Nearby

Demographics for 92020, CA

60,454
Population
20,311
Households
3
Avg Household Size
37
Median Age
26%
College-Educated
84%
High-School Grad
11.1 sq mi
ZIP Area
5,446
Density / Sq Mi
$72,822
Median Household Income
$39,855
Median Earnings
$1,793
Median Rent
$741,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-bedroom units include on-site laundry and storage, with recent roof, paint, and interior renovation improvements.
Where is this apartment building located?
The property is located at 594 Graves Ave El Cajon, CA.
What are key features of this property?
This property features: 10‑unit apartment complex with a 2‑bedroom, 1‑bath unit mix; 6 out of 10 units have been fully renovated; New roof and recently painted exterior
More about this property
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