532 N 1st, El Cajon, CA 92021
Local realty services provided by:ERA North Orange County Real Estate
Listed by: farid khayamian, ryan khayamian
Office: bluxen, inc.
MLS#:260009246
Source:San Diego MLS via CRMLS
Price summary
- Price:$6,495,000
About this home
Pleased to present a rare high cap rate investment opportunity in San Diego County. This 20-unit multifamily property offers strong in-place income with significant upside potential. The property consists of approximately 12,000 square feet of rentable space situated on a 21,928 square foot lot, featuring twenty (20) spacious two-bedroom, one-bathroom units. This well-located asset benefits from its proximity to key amenities, including shopping, parks, schools, and major transportation corridors. Conveniently positioned less than one mile from major retail and community resources such as Town & Country Shopping Center El Cajon, Wells Park, Boys & Girls Club of East County, and El Cajon Valley High School, the property also offers excellent access to Interstate 8 and State Route 67, providing connectivity to major employment hubs throughout San Diego County. Several units have been upgraded with modernized kitchens, updated flooring (tile and carpet), and new bathroom vanities, enhancing tenant appeal and rental potential. Community amenities include gated entry, off-street parking, an on-site laundry facility, a community courtyard, and a swimming pool, contributing to a comfortable and attractive living environment. This is an exceptional opportunity for investors seeking a stabilized asset with value-add potential in a high-demand rental market....
Contact an agent
Home facts
- Listing ID #:260009246
- Added:15 day(s) ago
- Updated:May 03, 2026 at 02:23 PM
Rooms and interior
- Bedrooms:40
- Total bathrooms:20
- Full bathrooms:20
- Flooring:Slab, Wood
Heating and cooling
- Cooling:Wall/Window
- Heating:Wall
Structure and exterior
- Levels:2 Story
Finances and disclosures
- Price:$6,495,000
Features and amenities
- Laundry features:Leased
Parking
- Total parking spaces:22
- Parking description:Carports
- Carport spaces:20
New listings near 532 N 1st
- Open Sun, 11am to 1pmNew
$799,999Active3 beds 2 baths1,605 sq. ft.936 Spinel Ave, El Cajon, CA 92021
MLS# 260010559SDListed by: JEFF BRUMFIELD REAL ESTATE INC - New
$669,900Active3 beds 3 baths1,866 sq. ft.1527 Sunrise Shadow, El Cajon, CA 92019
MLS# 260010569SDListed by: TURNING LEAF PROPERTIES - Open Sun, 11am to 1pmNew
$799,999Active3 beds 2 baths1,605 sq. ft.936 Spinel Ave, El Cajon, CA 92021
MLS# 260010559Listed by: JEFF BRUMFIELD REAL ESTATE INC - Coming Soon
$699,900Coming Soon3 beds 3 bathsAddress Withheld By Seller, El Cajon, CA 92020
MLS# 260010534SDListed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES - New
$13,200,000Active74 beds 48 baths32,800 sq. ft.445-523 Hart Drive, El Cajon, CA 92021
MLS# 260010489Listed by: NEWMARK OF SOUTHERN CALIFORNIA - New
$325,000Active1 beds 1 baths710 sq. ft.559 Madison Avenue #108, El Cajon, CA 92020
MLS# NDP2604191Listed by: TOP TIER PROPERTY MANAGEMENT - New
$325,000Active1 beds 1 baths710 sq. ft.559 E Madison Avenue #108, El Cajon, CA 92020
MLS# NDP2604191Listed by: TOP TIER PROPERTY MANAGEMENT - New
$299,000Active1 beds 1 baths460 sq. ft.800 N Mollison Avenue #35, El Cajon, CA 92021
MLS# PTP2603287Listed by: MON CHATEAU REALTY - New
$4,299,000Active6 beds 8 baths7,555 sq. ft.1015 Rachelle Way, El Cajon, CA 92019
MLS# 260010422SDListed by: EXP REALTY OF CALIFORNIA, INC. - New
$665,000Active3 beds 2 baths1,382 sq. ft.8537 Snow White Drive, El Cajon, CA 92021
MLS# IV26088261Listed by: TOWER AGENCY