Exceptional INVESTMENT opportunity to own 3 income-producing units on approximately 3.5 acres in the desirable East County area near Old Highway 80 and Lake Jennings. The duplex features two spacious units, each with central A/C and attached two-car garages. One side of the duplex unit has been completely remodeled. The detached two-story 3rd unit offers a large private yard and barn/storage area, providing added versatility. Each unit enjoys its own private driveway with ample off-street parking. The property is separately metered with 3 SDG&E meters and 1 water meter. An excellent opportunity for investors seeking strong rental income or an owner-occupant looking to offset expenses with rental income. Excellent long-term tenants currently in place. 3rd unit is not permitted.
3 Homes on 1 Lot Rare Investment & Income Opportunity! Discover the incredible potential of this unique property featuring three separate homes on one lot 160 Cedar: 3 bedrooms, 3 bathrooms, 1,140 sq. ft. 164 Cedar: 3 bedrooms, 2 bathrooms, 1,075 sq. ft. 166 Cedar (Detached ADU):1 bedroom, 1 bathroom, 527.6 sq. ft. Offering a combined 7 bedrooms, 6 bathrooms, and approximately 2,743 square feet of living space, this property provides exceptional versatility and multiple income opportunities. Live in one residence while renting the others, create space for extended family, or add a high-performing asset to your investment portfolio. The detached ADU enhances the property's appeal, providing additional privacy and flexibility for tenants, guests, or family members. Whether you're looking to generate consistent rental income, offset your mortgage, or secure a property with long-term appreciation potential, this one-of-a-kind opportunity checks all the boxes. Ideal for: * Investors seeking multiple income streams *
lot currently has a habitable house on it. However, the listing is for the land including the engineering and the plans. Plan review is completed by SD County and approved. Ready to pull permits after paying approx. $80K to Helix water, $6,162 Grading permit, $7,878 Demolition permit, and approx. $20K for final building fees. Plans are to build 4 detached units; 3 houses of 4BR/2.5BA, 2,350sf each and 1 ADU of 3BR/2.5BA 1,200 sf. Each house will have a 2-car garage of 500sf. Note that there is a fence at the back and there is a second fence behind it. Property includes both fenced areas.
Ballantyne Condominiums is a newly constructed mixed-use asset ideally located in the heart of downtown El Cajon, within walking distance of Magnolia entertainment venue, popular restaurants, shopping, and local amenities. The property consists of eight residential condominium units and two ground-floor retail/office suites, including: INVESTMENT OVERVIEW Four (4) spacious 2-bedroom, 2.5-bath units Two (2) 1-bedroom plus study, 1.5-bath units Two (2) 1-bedroom, 1.5-bath units Two (2) street-level retail spaces Each residential unit is equipped with in-unit washer and dryer, individual HVAC systems, and secure gated covered parking. The property is currently 100% occupied, with all residential tenants on month-to-month leases, providing a new owner with the flexibility to implement immediate rental increases and maximize income potential. This turnkey investment is strategically positioned to benefit from the continued growth and revitalization of the East County submarket. A unique value-add opportunity exists for a buyer to complete the HOA formation process and pursue the sale of individual condominium units, potentially unlocking significant additional value. As a rare newer-construction asset, Ballantyne Condominiums offers low maintenance requirements, modern amenities, and strong long-term investment fundamentals
Excellent investment opportunity in El Cajon! This well-maintained duplex at 855 Franklin Ave features two income-producing units. Unit 1 offers 2 bedrooms and 2 bathrooms, while Unit 2 features 3 bedrooms and 2 bathrooms. Only one unit is tenant-occupied, providing immediate rental income from day one. Each unit enjoys its own private yard, dedicated parking, separate entrance, and individual laundry, offering the feel and privacy of a single-family home. Ideal for investors looking to expand their portfolio or owner-occupants seeking to offset their mortgage. Conveniently located in the heart of El Cajon with easy access to shopping, dining, and major freeways. Don’t miss this fantastic opportunity, properties like this don’t last long!
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.
Great opportunity to own a duplex (two units on one lot)! Both units are currently vacant, Each unit offers 3 bedrooms and 2 full bathrooms, providing excellent space and flexibility. The front and rear units have been updated with some remodeling and new windows. Perfect for anyone seeking a great opportunity — live in one unit and rent the other, or explore the many possibilities this property offers. Ideally located near shopping, schools, and easy freeway access.
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.
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.
275 S Mollison Avenue is a 13-unit apartment community offering a fully leased, turnkey investment opportunity. The property features recent upgrades throughout, including new flooring and modern bathroom finishes with floating vanities, creating a clean, contemporary feel that appeals to today’s tenants.This asset delivers stable cash flow, low maintenance, and strong rental demand, all within a private setting and conveniently located near schools, shopping, and major freeways.The current ownership has completed significant improvements, including a full renovation of one unit following vacancy. Upgrades included new cabinetry, flooring, drywall, insulation, updated sliding doors, a remodeled bathroom, and relocation of the water heater to a new tankless system. Professionally managed by Sandirent Property Management for the past three years, the property has maintained consistent performance with no major tenant-related issues, providing investors with confidence in its ongoing operations.An excellent opportunity for investors seeking a stabilized, income-producing asset with upside potential.
Great Investment Opportunity! Upside on rental income. The property has 3 first floor units with a fourth unit upstairs with each unit at approximately 860 sq. ft. Each unit has a 1 car garage, one parking spot and has on site laundry room in back of property. Each unit has 2 bedrooms, 1 full bath. Located near the heart of downtown El Cajon. Plenty of parking for all residents & guests.
El Cajon is located in California. El Cajon, California has a population of 106,043. El Cajon is more family-centric than the surrounding county with 34.09% of the households containing married families with children. The county average for households married with children is 33.76%.
The median household income in El Cajon, California is $58,193. The median household income for the surrounding county is $88,240 compared to the national median of $69,021. The median age of people living in El Cajon is 34.8 years.
The average high temperature in July is 86.1 degrees, with an average low temperature in January of 43.7 degrees. The average rainfall is approximately 14.1 inches per year, with 0 inches of snow per year.
