This is a true value-add investment opportunity in the highly coveted center of El Cajon city. Offered to the market for the first time in 11 years, this prominently located, mid-century building features a secured courtyard, as well as asigend parking. The excellent unit mix consists of FOUR 2bedrooms 1.5 bathrooms FOUR 2bedrooms 1bathroom and TEN 1bedroom 1bathroom with extra income from the laundry. Roof was replaced 10 years ago and the parking surface was replaced a year ago. As an investment, the Property offers investors an incredible value-add opportunity. With rents approximately 26% below projected market rents, an investor can implement a strategic interior and exterior renovation program to capture the strong market rents being achieved for luxury rentals in the immediate neighborhood.
Multi-familyProperty Type
0.42 acresLot Size
Listed by Farid Khayamian•DRE #01835318• Bluxen, Inc.
•858-922-4845 (agent)
•info@bluxen.com (agent)
Listed by Peggy Khayamian•DRE #01879923• Bluxen, Inc.
Bought with Peggy Khayamian•DRE #01879923• Bluxen, Inc.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
0.44 Acres
Year renovated
1971
Sq. Ft.
12,244
Year built
1971
Style
Multi-Family (5+ Unit)
County
San Diego County
APN
4923423500
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 19, 2026.
RM-2200
Residential Multi-family Zone
The General Plan designates residential land use classifications intended to accommodate various densities of residential development within the city. It is the intent of every residential zone established in this title to implement these goals and objectives. The various residential zones contain development standards intended to achieve General Plan goals and objectives by regulating residential development within specific density ranges. No residential subdivision or residential development shall be authorized which exceeds the density provisions of the underlying General Plan land use classification. See Chapter 17.220 for density bonus regulations related to affordable housing projects.; For the purpose of this title, residential density is expressed as dwelling units per sq ft of net lot area. However, it may also be expressed as dwelling units per acre of net lot area. Net lot area is calculated by subtracting all portions of the lot, or lots, which have been proposed to be dedicated for public rights-of-way.
Permitted uses
Include but are not limited to:
Garden center
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Other
Housing-Mobile home park
Park & open space
Property details
Interior
Virtual Tour
Heating & Cooling
Has Cooling
Cooling: Wall/Window Unit(s)
Interior Features
Flooring: Wood
Exterior
Exterior Features
Roof: Composition
Building Information
Sq. Ft.: 0.0
Property Features
Security Features: Window Bars
Property Information
Property Type: Residential Income
Raw Mls Property Sub Type: Com-Res Income
Lot Information
Lot Size Area: 0.42
Lot Size Units: Acres
Zoning: COMMERCIAL
Public facts
Beds: —
Baths: —
Sq. Ft.: 12,244
Stories: —
Lot Size: 0.44 acres
Style: Multi-Family (5+ Unit)
Year Built: 1971
Year Renovated: 1971
County: San Diego County
APN: 4923423500
Home facts updated by county records on Aug 19, 2026
Other
Listing Information
List AOR: San Diego Association of REALTOR
Around this home
Schools
Chase Avenue Elementary School
Public K-6 • Assigned • 0.2mi
3/10
Cajon Valley Middle School
Public 6-8 • Assigned • 1.2mi
4/10
Valhalla High School
Public 9-12 • Assigned • 2.7mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 99° expected this year, 21 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
3/10 Air Factor
4 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
El Cajon, CA • 92020
Average low and high temperatures (°F)
71
43
73
49
75
52
73
53
75
58
80
62
82
63
87
65
85
65
81
56
74
49
72
46
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.7 hours in
June and 7.4 hours in December, placing it above the
U.S. average for solar exposure.