Investmentrealtysd.com Search Results

$4,700,000

Northwinds Apartments is a 20-unit garden community at 340 Orlando Street in El Cajon, fully gated and built around a lush, meticulously maintained central courtyard. The property is 100% occupied with long resident tenure, averaging nearly four and a half years, and offers 18 one bedroom homes at 550 square feet and two two bedroom homes at 750 square feet, each with a private patio and generous storage. Eleven garages, nine with direct courtyard access, and ample additional gated parking serve the community. Built in 1977 and well maintained since, every unit shows in strong condition with quartz or granite countertops, and finish levels leave room for a moderate value-add program on turns. Central water heaters were replaced within the last five to six years. Gross rents sit roughly 11% below market, giving the next owner a clear path to income growth on an already stabilized asset in one of San Diego County's tightest rental submarkets.

22 Beds ⋅ 20 Baths ⋅ 260018202 MLS ⋅ ACTIVE Status

Northwinds Apartments is a 20-unit garden community at 340 Orlando Street in El Cajon, fully gated and built around a lush, meticulously maintained central courtyard. The property is 100% occupied with long resident tenure, averaging nearly four and a half years, and offers 18 one bedroom homes at 550 square feet and two two bedroom homes at 750 square feet, each with a private patio and generous storage. Eleven garages, nine with direct courtyard access, and ample additional gated parking serve the community. Built in 1977 and well maintained since, every unit shows in strong condition with quartz or granite countertops, and finish levels leave room for a moderate value-add program on turns. Central water heaters were replaced within the last five to six years. Gross rents sit roughly 11% below market, giving the next owner a clear path to income growth on an already stabilized asset in one of San Diego County's tightest rental submarkets.

340 Orlando St, El Cajon

$14,550,000

Pleased to present Maronda Terrace, a 56-unit gated multifamily investment opportunity located in the heart of El Cajon, one of East San Diego County’s most established rental markets. Built in 1972, the property sits on an expansive ±1.84-acre parcel and features a desirable unit mix consisting of seven (7) one-bedroom/one-bath units, ten (10) two-bedroom/one-and-a-half-bath townhome units, and thirty-nine (39) two-bedroom/two-bath units, appealing to a broad tenant base seeking larger floor plans and convenient access to regional amenities. The asset has benefited from extensive capital improvements that significantly reduce deferred maintenance and support long-term operational stability. Recent upgrades include roof replacements with long-term warranties on most buildings, upgraded electrical subpanels, exterior paint, parking lot resurfacing, interior property fencing, asphalt improvements throughout parking areas, updated water heaters, and completed SB721 balcony inspections. These improvements provide investors with a well-maintained asset requiring limited near-term capital expenditures.

105 Beds ⋅ 105 Baths ⋅ 260014840 MLS ⋅ ACTIVE Status

Pleased to present Maronda Terrace, a 56-unit gated multifamily investment opportunity located in the heart of El Cajon, one of East San Diego County’s most established rental markets. Built in 1972, the property sits on an expansive ±1.84-acre parcel and features a desirable unit mix consisting of seven (7) one-bedroom/one-bath units, ten (10) two-bedroom/one-and-a-half-bath townhome units, and thirty-nine (39) two-bedroom/two-bath units, appealing to a broad tenant base seeking larger floor plans and convenient access to regional amenities. The asset has benefited from extensive capital improvements that significantly reduce deferred maintenance and support long-term operational stability. Recent upgrades include roof replacements with long-term warranties on most buildings, upgraded electrical subpanels, exterior paint, parking lot resurfacing, interior property fencing, asphalt improvements throughout parking areas, updated water heaters, and completed SB721 balcony inspections. These improvements provide investors with a well-maintained asset requiring limited near-term capital expenditures.

444-60 Graves Ave, El Cajon

$11,750,000

Price reduced $1,450,000. We are pleased to present Hart Townhomes, a 24-unit townhome community in El Cajon offered by the original developer. - Built 1991, comprehensively renovated 2016 to 2019 - 22 three bedroom homes (1,350 SF) and 2 four bedroom homes (1,550 SF) - Every home: attached duet, two car garage, private yard, fireplace, in-unit laundry - Tentative map contemplating individual townhome sales - 98% historical occupancy with four plus year average tenant tenure - In-place rents approximately 12% below market - Comparable El Cajon townhomes averaged $681,000 over trailing twelve months - Only 22.8% of El Cajon apartments contain three bedroom units; just 2.3% include four bedroom units Stabilized cash flow with embedded mark-to-market upside and condominium disposition optionality.

74 Beds ⋅ 72 Baths ⋅ 260010489 MLS ⋅ ACTIVE Status

Price reduced $1,450,000. We are pleased to present Hart Townhomes, a 24-unit townhome community in El Cajon offered by the original developer. - Built 1991, comprehensively renovated 2016 to 2019 - 22 three bedroom homes (1,350 SF) and 2 four bedroom homes (1,550 SF) - Every home: attached duet, two car garage, private yard, fireplace, in-unit laundry - Tentative map contemplating individual townhome sales - 98% historical occupancy with four plus year average tenant tenure - In-place rents approximately 12% below market - Comparable El Cajon townhomes averaged $681,000 over trailing twelve months - Only 22.8% of El Cajon apartments contain three bedroom units; just 2.3% include four bedroom units Stabilized cash flow with embedded mark-to-market upside and condominium disposition optionality.

445-523 Hart Dr, El Cajon

$3,999,000

Welcome to 1015 Rachelle Way—an extraordinary private estate offering a rare blend of luxury, tranquility, and versatility on a sprawling 1.41-acre lot (61,419 sq ft), with a true Rancho Santa Fe–inspired feel in one of El Cajon’s most desirable neighborhoods. This expansive residence is thoughtfully designed for multi-generational living, featuring 5 in-suite bedrooms plus a 6th bedroom with a separate full bathroom—ideal for guests, extended family, or private quarters. The layout offers both connection and privacy, creating a seamless living experience for today’s evolving lifestyle needs. The main living areas are warm and inviting, highlighted by rich hardwood flooring, 5 fireplaces, and a grand formal dining room that comfortably accommodates 12+ guests—perfect for entertaining on any scale. A generously sized bonus room offers the opportunity to create a dedicated private theater for a truly elevated entertainment experience, or to function as an additional family room or refined secondary living space. The luxurious primary suite serves as a private retreat, complete with a fireplace, spacious walk-in closet, soaking tub, dual vanities, and a separate shower. Step outside to a resort-style setting designed for relaxation and entertaining. The refinished pool with solar heating is complemented by a cabana featuring a full bathroom, along with a sauna for a true spa-like experience. The grounds are beautifully landscaped with over 20 mature trees, a garden area, and a rare private mini chapel—adding character and serenity to the property. Car enthusiasts and collectors will appreciate the exceptional parking and storage, offering 8+ garage spaces in addition to two covered carports—ideal for multiple vehicles, recreational equipment, or workshop use. Additional highlights include owned solar, a smart home system, and a private well supporting landscape irrigation. Enjoy peaceful mountain and city views in a calm, private setting, all while being conveniently located near the freeway, Kennedy Park, and Shadow Mountain Community Church. This is a rare opportunity to own a true estate property that combines space, privacy, and flexibility—delivering a lifestyle typically reserved for Rancho Santa Fe at an exceptional value. "Buyer to verify all information deemed important, including but not limited to square footage, lot size, zoning, property boundaries, permits, school districts, HOA fees and restrictions, the condition or functionality of all systems and appliances, etc. Seller and broker make no representations or warranties."

6 Beds ⋅ 8 Baths ⋅ 260010422 MLS ⋅ ACTIVE Status

Welcome to 1015 Rachelle Way—an extraordinary private estate offering a rare blend of luxury, tranquility, and versatility on a sprawling 1.41-acre lot (61,419 sq ft), with a true Rancho Santa Fe–inspired feel in one of El Cajon’s most desirable neighborhoods. This expansive residence is thoughtfully designed for multi-generational living, featuring 5 in-suite bedrooms plus a 6th bedroom with a separate full bathroom—ideal for guests, extended family, or private quarters. The layout offers both connection and privacy, creating a seamless living experience for today’s evolving lifestyle needs. The main living areas are warm and inviting, highlighted by rich hardwood flooring, 5 fireplaces, and a grand formal dining room that comfortably accommodates 12+ guests—perfect for entertaining on any scale. A generously sized bonus room offers the opportunity to create a dedicated private theater for a truly elevated entertainment experience, or to function as an additional family room or refined secondary living space. The luxurious primary suite serves as a private retreat, complete with a fireplace, spacious walk-in closet, soaking tub, dual vanities, and a separate shower. Step outside to a resort-style setting designed for relaxation and entertaining. The refinished pool with solar heating is complemented by a cabana featuring a full bathroom, along with a sauna for a true spa-like experience. The grounds are beautifully landscaped with over 20 mature trees, a garden area, and a rare private mini chapel—adding character and serenity to the property. Car enthusiasts and collectors will appreciate the exceptional parking and storage, offering 8+ garage spaces in addition to two covered carports—ideal for multiple vehicles, recreational equipment, or workshop use. Additional highlights include owned solar, a smart home system, and a private well supporting landscape irrigation. Enjoy peaceful mountain and city views in a calm, private setting, all while being conveniently located near the freeway, Kennedy Park, and Shadow Mountain Community Church. This is a rare opportunity to own a true estate property that combines space, privacy, and flexibility—delivering a lifestyle typically reserved for Rancho Santa Fe at an exceptional value. "Buyer to verify all information deemed important, including but not limited to square footage, lot size, zoning, property boundaries, permits, school districts, HOA fees and restrictions, the condition or functionality of all systems and appliances, etc. Seller and broker make no representations or warranties."

1015 Rachelle Way, El Cajon

$13,900,000

We are pleased to present Villa Capri, a 59-unit apartment community located near the heart of Downtown El Cajon, one of San Diego County’s most active and transit- oriented Tier-2 employment hubs. Positioned just 16 miles east of Downtown San Diego, the property sits within an energetic historic district surrounded by an array of shopping and dining options, year-round entertainment, theatre, and community events. The property is comprised of twenty-four (24) one bedroom/one-bathroom, sixteen (16) two-bedroom/one-bathroom, twelve (12) two-bedroom/two-bathroom, and seven (7) three-bedroom/two-bathroom floorplans that average over 816 sq ft. Each unit is equipped with electric appliances, above-range hood vents, bypass closet doors, and select private patios and balconies. Constructed in 1969, Villa Capri’s community amenities include a sparkling pool, landscaped courtyards, picnic and BBQ areas, ample off-street parking, and on-site laundry facilities. The property offers efficient regional connectivity, just 0.5 miles f rom Interstate 8, 2.5 miles f rom the El Cajon Transit Center, and only steps from a major bus stop at N 2nd St & E Main. Residents enjoy convenient access to key employment destinations including Downtown San Diego, Kearny Mesa, Mission Valley, and UTC, all reachable within approximately 25 minutes.

101 Beds ⋅ 78 Baths ⋅ 260009381 MLS ⋅ ACTIVE Status

We are pleased to present Villa Capri, a 59-unit apartment community located near the heart of Downtown El Cajon, one of San Diego County’s most active and transit- oriented Tier-2 employment hubs. Positioned just 16 miles east of Downtown San Diego, the property sits within an energetic historic district surrounded by an array of shopping and dining options, year-round entertainment, theatre, and community events. The property is comprised of twenty-four (24) one bedroom/one-bathroom, sixteen (16) two-bedroom/one-bathroom, twelve (12) two-bedroom/two-bathroom, and seven (7) three-bedroom/two-bathroom floorplans that average over 816 sq ft. Each unit is equipped with electric appliances, above-range hood vents, bypass closet doors, and select private patios and balconies. Constructed in 1969, Villa Capri’s community amenities include a sparkling pool, landscaped courtyards, picnic and BBQ areas, ample off-street parking, and on-site laundry facilities. The property offers efficient regional connectivity, just 0.5 miles f rom Interstate 8, 2.5 miles f rom the El Cajon Transit Center, and only steps from a major bus stop at N 2nd St & E Main. Residents enjoy convenient access to key employment destinations including Downtown San Diego, Kearny Mesa, Mission Valley, and UTC, all reachable within approximately 25 minutes.

229-45 Shady Ln, El Cajon

$4,375,000

The Oakdale Apartments are a 17-unit apartment complex that consists of two structures totaling 14,756 square feet built in 1982 and situated on a 37,370 square foot lot in the strong rental market of El Cajon. The unit mix consists of one 4 bedroom / 2 bathroom unit, fifteen 2 bedroom / 1 bathroom units, and one 1 bedroom / 1 bathroom unit. The complex features 31 off-street surface parking spaces, solar panels, and the potential for 4 to 8 ADUs. Buyer to verify. The spacious units feature AC wall units, ceiling fans, electric stoves, dishwashers, microwaves, and garbage disposals. The two structures were re-roofed in 2022 and 2023. Solar Panels were installed in 2022 and there was re-routing of the plumbing in 2017. A new owner can benefit from the upside of monetizing the electricity produced from the solar panels in addition to the current water and trash bill backs. Contact Broker for details. DO NOT WALK ON THE PROPERTY OR DISTURB TENANTS.

7 Beds ⋅ 4 Baths ⋅ 250041351 MLS ⋅ CLOSED Status

The Oakdale Apartments are a 17-unit apartment complex that consists of two structures totaling 14,756 square feet built in 1982 and situated on a 37,370 square foot lot in the strong rental market of El Cajon. The unit mix consists of one 4 bedroom / 2 bathroom unit, fifteen 2 bedroom / 1 bathroom units, and one 1 bedroom / 1 bathroom unit. The complex features 31 off-street surface parking spaces, solar panels, and the potential for 4 to 8 ADUs. Buyer to verify. The spacious units feature AC wall units, ceiling fans, electric stoves, dishwashers, microwaves, and garbage disposals. The two structures were re-roofed in 2022 and 2023. Solar Panels were installed in 2022 and there was re-routing of the plumbing in 2017. A new owner can benefit from the upside of monetizing the electricity produced from the solar panels in addition to the current water and trash bill backs. Contact Broker for details. DO NOT WALK ON THE PROPERTY OR DISTURB TENANTS.

1386-90 Oakdale Ave, El Cajon

$9,100,000

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.

6 Beds ⋅ 6 Baths ⋅ 240014930 MLS ⋅ CLOSED Status

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.

480 Jamacha Rd, El Cajon

$5,050,000

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.

240001794 MLS ⋅ CLOSED Status

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.

964-980 Merritt Dr, El Cajon

$3,520,000

We are pleased to offer for sale the Rockford Gardens (“The Property”), a 16-unit Value-Add multifamily community in the heart of Downtown El Cajon neighboring City Hall and Cajon Valley Middle School. Constructed in 1971, The Property is comprised of four (4) two-bedroom/one-bathroom units and twelve (12) one-bedroom/ one-bathroom units. Tenants enjoy on-site assigned parking, communal laundry facilities, a grass courtyard, two units with large private back yards, tremendous freeway access, walkable retail & public transit, parks, and recreational activities. Two separate areas on the property comprise roughly 6,100 SF that could be utilized for ground-up ADU development.

3 Beds ⋅ 2 Baths ⋅ 240001031 MLS ⋅ CLOSED Status

We are pleased to offer for sale the Rockford Gardens (“The Property”), a 16-unit Value-Add multifamily community in the heart of Downtown El Cajon neighboring City Hall and Cajon Valley Middle School. Constructed in 1971, The Property is comprised of four (4) two-bedroom/one-bathroom units and twelve (12) one-bedroom/ one-bathroom units. Tenants enjoy on-site assigned parking, communal laundry facilities, a grass courtyard, two units with large private back yards, tremendous freeway access, walkable retail & public transit, parks, and recreational activities. Two separate areas on the property comprise roughly 6,100 SF that could be utilized for ground-up ADU development.

181 Ballantyne St, El Cajon

$5,500,000

Unobstructed views from this palatial mountaintop estate! Custom built & meticulously handcrafted 13,631 sqft, 5 bed, 8.5 bath retreat designed by renowned architect John Jensen AIA and built by Tony Mezain AME Proline Inc features an attention to detail that is unparalleled. Enter the intricate double doors to soaring ceilings, expansive picture windows, elaborate woodwork, stone floors & a living space that offers a seamless transition between true indoor & outdoor living. Gourmet kitchen is every chefs dream with opulent cabinetry/fixtures & Wolf appliances. Sprawling beautifully tiled covered patio leads to sparkling vanishing edge infinity pool & numerous other entertaining spaces with water features and lush landscaping!

5 Beds ⋅ 9 Baths ⋅ 230017991 MLS ⋅ CLOSED Status

Unobstructed views from this palatial mountaintop estate! Custom built & meticulously handcrafted 13,631 sqft, 5 bed, 8.5 bath retreat designed by renowned architect John Jensen AIA and built by Tony Mezain AME Proline Inc features an attention to detail that is unparalleled. Enter the intricate double doors to soaring ceilings, expansive picture windows, elaborate woodwork, stone floors & a living space that offers a seamless transition between true indoor & outdoor living. Gourmet kitchen is every chefs dream with opulent cabinetry/fixtures & Wolf appliances. Sprawling beautifully tiled covered patio leads to sparkling vanishing edge infinity pool & numerous other entertaining spaces with water features and lush landscaping!

1903 Saxton Ln, El Cajon

$2,730,000

We are pleased to present 121 E Renette Avenue, a 10-unit multi-family community near the heart of Downtown El Cajon, a transit-oriented Tier-2 employment center just 16-miles east of Downtown San Diego. Constructed in 1968, the asset features large and functional floorplans, with a mix of 3 one-bed/ one-bathroom units measuring 636 square feet, and 7 twobedroom/ two-bathroom units averaging 943 square feet. Most interiors feature updated appliances, flooring, countertops, cabinetry, and select units have private patios and balconies. Existing amenities include spacious common areas, large storage lockers for each unit, an on-site laundry facility, and ample off-street parking. Significant rental lift can be captured by performing in unit and community enhancements. Please call listing agents Chris Zorbas or Graeme Henderson for more information (858)-373-3156

3 Beds ⋅ 3 Baths ⋅ 230012287 MLS ⋅ CLOSED Status

We are pleased to present 121 E Renette Avenue, a 10-unit multi-family community near the heart of Downtown El Cajon, a transit-oriented Tier-2 employment center just 16-miles east of Downtown San Diego. Constructed in 1968, the asset features large and functional floorplans, with a mix of 3 one-bed/ one-bathroom units measuring 636 square feet, and 7 twobedroom/ two-bathroom units averaging 943 square feet. Most interiors feature updated appliances, flooring, countertops, cabinetry, and select units have private patios and balconies. Existing amenities include spacious common areas, large storage lockers for each unit, an on-site laundry facility, and ample off-street parking. Significant rental lift can be captured by performing in unit and community enhancements. Please call listing agents Chris Zorbas or Graeme Henderson for more information (858)-373-3156

121 E Renette Ave, El Cajon

$4,925,000

Broadway Estates is a 16-unit multifamily investment property located at 1477 Broadway, El Cajon, California. Built in 1986, Broadway Estates offers exclusively spacious two-bedroom floor plans, each with two bathrooms and in-unit stackable laundry machines. Furthermore, the property offers desirable amenities including ample garage and surface parking, a spacious courtyard, private patios and balconies, and a swimming pool. Current ownership has invested significant capital into the property, with work completed since 2021 including new pool fencing, new patio fencing, a repaved concrete driveway, as well as a resurfaced pool and pool deck. Broadway Estates benefits from its optimal El Cajon location, in close proximity to an abundance of local area amenities. The property is situated within one mile of Madison Elementary School, Montgomery Middle School, and Granite Hills High School. Additionally, the property is located near shops and restaurants along 2nd Street and Main Street, two major thoroughfares in the area. Furthermore, Broadway Estates is located just over two miles from Parkway Plaza, one of the premier shopping destinations in the area with over 1.3 million square feet of retail, dining, and entertainment space.

2 Beds ⋅ 2 Baths ⋅ 240011256 MLS ⋅ CLOSED Status

Broadway Estates is a 16-unit multifamily investment property located at 1477 Broadway, El Cajon, California. Built in 1986, Broadway Estates offers exclusively spacious two-bedroom floor plans, each with two bathrooms and in-unit stackable laundry machines. Furthermore, the property offers desirable amenities including ample garage and surface parking, a spacious courtyard, private patios and balconies, and a swimming pool. Current ownership has invested significant capital into the property, with work completed since 2021 including new pool fencing, new patio fencing, a repaved concrete driveway, as well as a resurfaced pool and pool deck. Broadway Estates benefits from its optimal El Cajon location, in close proximity to an abundance of local area amenities. The property is situated within one mile of Madison Elementary School, Montgomery Middle School, and Granite Hills High School. Additionally, the property is located near shops and restaurants along 2nd Street and Main Street, two major thoroughfares in the area. Furthermore, Broadway Estates is located just over two miles from Parkway Plaza, one of the premier shopping destinations in the area with over 1.3 million square feet of retail, dining, and entertainment space.

1477 Broadway, El Cajon

$3,685,000

12 Turn Key Units with all of the Major Capital Improvements Completed. Current Owner recently installed and paid for Solar Panels eliminating most electric bills. In addition the roofs, windows, hot water heaters, parking gate, exterior paint have all been updated within the past couple years. All the interiors have been renovated in some fashion over the past 5-7 years. Rents are approximately 12% below market so with all the heavy lifting completed the new owner should be able to continue and raise rents in what is considered a very stable rental market.

5 Beds ⋅ 2 Baths ⋅ 240015800 MLS ⋅ CLOSED Status

12 Turn Key Units with all of the Major Capital Improvements Completed. Current Owner recently installed and paid for Solar Panels eliminating most electric bills. In addition the roofs, windows, hot water heaters, parking gate, exterior paint have all been updated within the past couple years. All the interiors have been renovated in some fashion over the past 5-7 years. Rents are approximately 12% below market so with all the heavy lifting completed the new owner should be able to continue and raise rents in what is considered a very stable rental market.

1140 & 1146 E Lexington Ave, El Cajon

$2,740,000

978 Peach Ave, El Cajon is a well-maintained 10-unit multi-family property situated on a spacious 0.43-acre lot. Built in 1977, the community features a desirable unit mix of (9) two-bedroom/one-bath units averaging 780 SF and (1) three-bedroom/one-bath unit. Residents benefit from on-site laundry, storage, and 18 uncovered off-street parking spaces. The expansive lot and underutilized grass area offer excellent potential for additional dwelling units (ADUs) without affecting current parking. Recent capital improvements include new windows throughout, foam roof re-coating, and parking lot repairs and striping. 8 of 10 units have received minor interior upgrades, with strong rental upside remaining through continued renovations. Ideally located in a highly accessible area of El Cajon, the property provides tenants with excellent connectivity to I-8 and SR-67, allowing easy access to Downtown San Diego, Mission Valley, and East County job hubs. Nearby attractions include Parkway Plaza Mall, Target, Best Buy, Sprouts, Walmart, and numerous dining and service options—all within walking or short driving distance. Families and students enjoy proximity to Johnson Elementary, El Cajon Valley High, and Grossmont College, while nearby Wells Park, Kennedy Park, and public transit along Main Street enhance overall livability.

17 Beds ⋅ 8 Baths ⋅ 250026113 MLS ⋅ CLOSED Status

978 Peach Ave, El Cajon is a well-maintained 10-unit multi-family property situated on a spacious 0.43-acre lot. Built in 1977, the community features a desirable unit mix of (9) two-bedroom/one-bath units averaging 780 SF and (1) three-bedroom/one-bath unit. Residents benefit from on-site laundry, storage, and 18 uncovered off-street parking spaces. The expansive lot and underutilized grass area offer excellent potential for additional dwelling units (ADUs) without affecting current parking. Recent capital improvements include new windows throughout, foam roof re-coating, and parking lot repairs and striping. 8 of 10 units have received minor interior upgrades, with strong rental upside remaining through continued renovations. Ideally located in a highly accessible area of El Cajon, the property provides tenants with excellent connectivity to I-8 and SR-67, allowing easy access to Downtown San Diego, Mission Valley, and East County job hubs. Nearby attractions include Parkway Plaza Mall, Target, Best Buy, Sprouts, Walmart, and numerous dining and service options—all within walking or short driving distance. Families and students enjoy proximity to Johnson Elementary, El Cajon Valley High, and Grossmont College, while nearby Wells Park, Kennedy Park, and public transit along Main Street enhance overall livability.

978 Peach Ave, El Cajon

$8,000,000

OFFERS DUE Wednesday, July 16th at 4pm pacific time. This low-density, garden-style community consists of 35 apartment homes spread over more than two acres, offering an attractive unit mix of studios, one-, two-, and three-bedroom floor plans. The property features abundant on-site parking with 54 spaces, including 14 garages, as well as community amenities such as laundry facilities and a leasing office. The asset offers both immediate value-add and long-term development upside. Of the 35 units, 21 remain unrenovated (60% of total units), presenting a significant opportunity to raise rents and achieve an estimated $410 rent premium (24% increase in rental income). Additionally, the large underutilized lot provides the potential to expand the community up to 44 units by right under current zoning, with options to convert garage spaces into Accessory Dwelling Units (ADUs) or additional living areas. Please contact Merrick Matricardi in listing office for link to Confidentiality Agreement for access to OM and due diligence information. 858-369-3085 or merrick.matricardi@kidder.com.

250029807 MLS ⋅ CLOSED Status

OFFERS DUE Wednesday, July 16th at 4pm pacific time. This low-density, garden-style community consists of 35 apartment homes spread over more than two acres, offering an attractive unit mix of studios, one-, two-, and three-bedroom floor plans. The property features abundant on-site parking with 54 spaces, including 14 garages, as well as community amenities such as laundry facilities and a leasing office. The asset offers both immediate value-add and long-term development upside. Of the 35 units, 21 remain unrenovated (60% of total units), presenting a significant opportunity to raise rents and achieve an estimated $410 rent premium (24% increase in rental income). Additionally, the large underutilized lot provides the potential to expand the community up to 44 units by right under current zoning, with options to convert garage spaces into Accessory Dwelling Units (ADUs) or additional living areas. Please contact Merrick Matricardi in listing office for link to Confidentiality Agreement for access to OM and due diligence information. 858-369-3085 or merrick.matricardi@kidder.com.

310 S Anza, El Cajon