El Cajon, CA 92021,469 N 1st
El Cajon, CA 92021,469 N 1st
El Cajon, CA 92021,469 N 1st
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$2,500,000
Est. payment /mo
0.35 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250025212SD

HOA Y/N No

Lot Size 0.348 Acres

Property Sub-Type Mixed Use

Property Description

469 North First Street Townhomes is a well maintained, high-demand multifamily community offering significant rental upside. The property comprises all 2-bedroom, 2.5-bathroom townhome-style units—each featuring private patios and balconies. Every unit is equipped with in-unit washer and dryer hookups, a highly valued amenity in the El Cajon rental market, where many competing properties do not offer this convenience. These features enhance tenant retention, as townhome living provides a quieter, more spacious residential experience. A Final Subdivision Map has been recorded for the property, offering a potential condominium conversion and individual unit sales. This presents a compelling alternative exit strategy for investors seeking long-term flexibility. Ideally situated adjacent to Wells Park, the property enjoys excellent walkability to grocery stores, dining, coffee shops, and essential neighborhood services—making it exceptionally attractive to renters who value convenience and lifestyle.

Location

State CA

County San Diego

Area 92021 - El Cajon

Interior

Heating Forced Air

Fireplace No

Others

Tax ID 4891408600


Read Less Info
California Regional MLS (CRMLS)
Listed by Eric Comer • Eric D. Comer, Broker

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