El Cajon CA Real Estate & Commercial for Sale

A welcome addition to your multi family portfolio! 5% Cap rate on ACTUALS with significant rental upside! Enjoy a steadily increasing cash flow stream by initiating the allowable rent increases annually and/or reaching market rent upon turnovers, or complete a substantial renovation to accomplish leading market rents sooner! The Woods is a 32 unit apartment community featuring a desirable unit mix of 100% 2BR/2BA units featuring large 913 sqft layouts, each with a walk-in closet and individual water heater. Units have TWO balconies or patios, and the property's amenities include 29 carports and 23 parking spaces, a sparkling pool, laundry facility, and landscaped grounds located on a sprawling 1.32 acre lot for residents to enjoy. Built in 1977, the community is well located in the sought after neighborhood of Granite Hills in El Cajon, which offers easy access to the 8 and 94 freeways and is contiguous to masterplan Rancho San Diego.

Great corner commercial retail/industrial ready for new owner to take over. Occupied 1 and rent out the rest. Property is in the heart of city of El Cajon and its currently being updated and creating a downtown environment. Great for long term rental or development.

This unit has been lived in for a long time. The house is 900 sq ft with 2 bd/ 1ba so the rooms are small. There is a basement and other buildings, one with RV size kitchen and bathroom. Lots of storage space. A large 20x100 ft (est) 6 inch slab on the south side of the house so heavy trucks would be ok. The zoning is C-36 and most businesses in the area are automotive. Behind on the east side is auto repair, on the south side is an auto body shop and across the street on the west side is auto repair. The nearest cross street is Oro St and Greenfield Dr., between 1st and 2nd along Greenfield. This is located in the county, right next to the City of El Cajon boundary which is on the north side of the property. it is hard to explain all the things and buildings with this place, best to look at it. There is a 1,000 sq ft covered area in the back. Unincorporated (non-city) portion of the County of San Diego. The house on the north side is in the City of El Cajon. This is in a commercial area with tall walls around it and far distances to others. It appears that making loud noises is not a problem. General retail sales and services permitted if conducted within buildings. Outdoor uses may be allowed by Use Permit. No 440v available.

Seller found his upleg and is MOTIVATED! We are proud to present Merritt Manor, an extremely well-maintained 18-unit apartment complex in one of the nicest areas of El Cajon. The subject property is close to schools, shopping, and transportation. There is an attractive Fannie Mae loan on this property that can be assumed. The interest rate is 3.32%, fully amortized over 30 years, and due in 2027. The current balance on the loan is $2,466,780. With current interest rates averaging 6% or higher, the assumption of the existing loan creates a desirable return on investment. Merritt Manor consists of eight separate one-story buildings, with each unit having private rear yards/patios. Each unit is separately metered for gas and electricity, with individual water heaters and gas appliances. The tenants reimburse the owner for all utilities, including water, sewer, and trash, through a RUBs system. The two front units have attached garages and washer/ dryer hookups, and all the buildings have newer roofs and paint. All the units have wall A/C units. The property has lush, mature trees and landscaping, with plenty of open space between the buildings. The property shows the overall pride of ownership. This property is perfect for a buyer looking for a turnkey investment with some upside in the rents.

Excellent Investment for an Investor looking to buy a secure income producing property. Many long term tenants in this 14 unit office building. Property is meticulously maintained and has had several recent improvements like the lobby tile flooring was upgraded, lobby and all common areas have been freshly painted. In the past few years the building exterior has been painted and most of the HVAC units have been replaced. This property is one of the cleanest office buildings in El Cajon and a great investment for any buyer.

We are pleased to present 1219 Persimmon Avenue, a charming 46-unit multifamily community located in El Cajon, California. Built in 1990, this well-maintained asset consists of (45) 516 SF One Bedroom / One Bath units & (1) 600 SF One Bedroom / One Bath permitted ADU. All second-floor units feature taller vaulted ceilings for a spacious open feel. *The property is restricted to senior tenants (62+). There are no income-related restrictions currently in place however if someone would like to take advantage of tax credit incentive programs there is opportunity if leasing units to lower income tenants.

Prime location in Fletcher Hills, close to Freeway 125. Three (3) well maintained freestanding buildings on separate parcels. All leased with long term leases that run through 2024, 2025. Tenants pay for all utilities, water, sewer, trash and landscaping services. Easy access to off street parking in rear of buildings. Age of buildings to be verified by buyer, estimated construction of buildings in late 1950's - early 1960. Square footage of each building range from 1080 to 1248 sq ft. Buildings are sold together.