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Glen Henderson

[email protected] +1(619) 889-7646

$14,550,000

Est. payment - /mo

105 Beds

105 Baths

52,400 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Com-Res Income

Listing Status Active

Purchase Type For Sale

Square Footage 52,400 sqft

Price per Sqft $277

MLS Listing ID 260014840

Bedrooms 105

Full Baths 95

Half Baths 10

Property Sub-Type Com-Res Income

Property Type Com-Res Income

Property Description

Pleased to present Maronda Terrace, a 56-unit gated multifamily investment opportunity located in the heart of El Cajon, one of East San Diego County's most established rental markets. Built in 1972, the property sits on an expansive ±1.84-acre parcel and features a desirable unit mix consisting of seven (7) one-bedroom/one-bath units, ten (10) two-bedroom/one-and-a-half-bath townhome units, and thirty-nine (39) two-bedroom/two-bath units, appealing to a broad tenant base seeking larger floor plans and convenient access to regional amenities. The asset has benefited from extensive capital improvements that significantly reduce deferred maintenance and support long-term operational stability. Recent upgrades include roof replacements with long-term warranties on most buildings, upgraded electrical subpanels, exterior paint, parking lot resurfacing, interior property fencing, asphalt improvements throughout parking areas, updated water heaters, and completed SB721 balcony inspections. These improvements provide investors with a well-maintained asset requiring limited near-term capital expenditures.

Location

State CA

County San Diego

Area East County

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Others

Senior Community No

Tax ID 488-010-37

Special Listing Condition Call Agent

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Listed by Conor M Brennan, DRE#01918598 Conor Brennan, Broker

Nearby School & Business

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

444-60 Graves Avenue El Cajon, CA 92020

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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