532 N 1st St - Apartments FOR SALE


El Cajon, CA 92021
$8,000,000 USD
858-535-0000
532 N 1st St, El Cajon, CA for Sale
$8,000,000 USD
Apartments - FOR SALE
1/54
null | 4.74% Cap Rate

532 N 1st St
El Cajon, CA 92021


OVERVIEW

Bluxen Real Estate presents a prime opportunity to acquire a fully leased, remodeled property consisting of 20 units—each featuring two bedrooms and one bathroom—in the heart of El Cajon. With over 12,000 square feet of living space on a spacious 21,928 square-foot lot, this property offers exceptional value. Located near the Highway 8 & 67 corridor, it benefits from immediate access to retail, dining, and essential services, as well as being close to Wells Park, the Boys & Girls Club of East County, and El Cajon Valley High School.

FOR SALE DETAILS

PRICE

$8,000,000 USD

PRICE/SF

$641 USD /SF

# OF UNITS

20

PRICE/UNIT

$400,000

CAP RATE

4.74%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

R3R, El Cajon

APN/PARCEL ID

489-030-28

ASK ABOUT THIS PROPERTY

Farid KhayamianBluxen Real EstateMore Info
858-535-0000

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Farid KhayamianBluxen Real EstateMore Info
858-535-0000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.