532 N 1st, El Cajon, CA 92021

El Cajon
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
532 N 1st,El Cajon, CA 92021
$5,950,000
Virtual Tour
  • 40 Beds
  • 20 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: farid khayamian, ryan khayamian
Office: bluxen, inc.
MLS#:260009246
Source:San Diego MLS via CRMLS

Price summary

  • Price:$5,950,000

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,...

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Home facts

  • Listing ID #:260009246
  • Added:110 day(s) ago
  • Updated:August 06, 2026 at 01:57 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:$5,950,000

Features and amenities

  • Laundry features:Leased

Parking

  • Total parking spaces:22
  • Parking description:Carports
  • Carport spaces:20
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