Technical
Financial
Distress signals
Property profile

964 Merritt Dr 80 El Cajon, CA 92020

OFF-MARKET
Apartment buildings
Property ID
US09-8815979
11,858 SF 0.96 ac lot Built 1973
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1973
Total area 11,858 SF
Lot 0.96 ac (41,817 SF)
Zoning code COMMERCIAL
APN 493-103-57-00
UPID US09-8815979

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

964 Merritt Dr, Unit 80 El Cajon, CA 92020-6620
El Cajon metro Census 15407 SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.10M
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.05M
Blend (final) Blend
$5.10M

Owner & transaction history

since 2024
Last sale
$5.1M
7 recorded transactions
2024
$5.1M
2020
Price N/A
2017
$1.1M
2015
Price N/A
2015
Price N/A
2011
Price N/A
2007
Price N/A

Zoning & alternative use

COMMERCIAL · El Cajon, CA
Top alternative use upside
Restaurant $7.8M +132.3%
Medical building $5.6M +68.1%
Office building $4.3M +27.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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