469 N 1st, El Cajon, CA 92021 - MLS#250025212 - Arash Rokni

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Arash Rokni

arash@roknigroup.com +1(619) 762-0777

$2,500,000

Est. payment - /mo

0.35 Acres Lot

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Key Details

Property Type Condo, Townhouse

Sub Type Apartment,Condo,Townhouse

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250025212

Lot Size 0.348 Acres

Acres 0.35

Property Sub-Type Apartment,Condo,Townhouse

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 El Cajon (92021)

Interior

Heating Central Forced Air Gas

Cooling Central Forced Air Gas

Building

Story 2

Others

Space Rent $181,200

Virtual Tour https://www.propertypanorama.com/instaview/snd/250025212

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Listed by Eric D Comer • Eric D. Comer, Broker

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Arash Rokni

REALTOR® | CADRE# 02005305

+1(619) 762-0777 | arash@roknigroup.com

San Diego Communities

469 N 1st El Cajon, CA 92021

Arash Rokni

Key Details

Location

Interior

Building

Others

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