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310 S Anza, El Cajon, CA 92020

Commercial property

310 S Anza, El Cajon, CA 92020 Sold December 2025 CRMLS
$8,000,000Sold December 2025

Listing Agent: Eric Comer (DRE #00842230) · Listing Office: Eric D. Comer, Broker · Contact: 858-509-1200 · Bought with: Eric Comer · Eric D. Comer, Broker · MLS #250029807SD · Source: CRMLS

35
Units
Commercial property
Type

About this commercial property

OFFERS DUE Wednesday, July 16th at 4pm pacific time. This low-density, garden-style community consists of 35 apartment homes spread over more than two acres, offering an attractive unit mix of studios, one-, two-, and three-bedroom floor plans. The property features abundant on-site parking with 54 spaces, including 14 garages, as well as community amenities such as laundry facilities and a leasing office. The asset offers both immediate value-add and long-term development upside. Of the 35 units, 21 remain unrenovated (60% of total units), presenting a significant opportunity to raise rents and achieve an estimated $410 rent premium (24% increase in rental income). Additionally, the large underutilized lot provides the potential to expand the community up to 44 units by right under current zoning, with options to convert garage spaces into Accessory Dwelling Units (ADUs) or additional living areas. Please contact Merrick Matricardi in listing office for link to Confidentiality Agreement for access to OM and due diligence information. 858-369-3085 or merrick.matricardi@kidder.com.

Listing description from the December 2025 sale, as reported to CRMLS.

Sale history

$8,000,000
Sold December 2025 · listed $8,750,000, on market June 2025 · MLS #250029807SD · Source: CRMLS
Listing Agent: Eric Comer · Listing Office: Eric D. Comer, Broker · Contact: 858-509-1200 · Bought with: Eric Comer · Eric D. Comer, Broker
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