$12,500,000
FOR SALEActive444 Graves Avenue
El Cajon CA 92020
N/A
SF
Mixed Use
Type
N/A
Built
N/A
Cost/SF
Listing Agent
Nathan Pepper
DRE #: 01993739
Brokerage: CBRE
Location Analysis
Location unavailable
About This Property
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.
Property Information
Property Overview
Commercial - MixedUse
Property Type
Active
Status
55
Total Units
6.34%
Cap Rate
$792K
NOI
Property Highlights
N/A Property
Prime Location with High Visibility
6.34% Cap Rate
Location Analysis
Location unavailable
Building Details
Zoning & Use
Investment Metrics
6.34%
Cap Rate
$792,145
NOI
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Recent commercial sales in El Cajon
Sold $5,900,000SOLD17,978 SF•Multi Family•22 units909 S Sunshine AvenueSold Aug 2026DP Properties | DRE #01273425Buyer's agent: Jennifer Badillo, Century 21 Masters | DRE #01496797
Sold $2,130,000SOLDMixed Use•10 units359 N 1st StSold Apr 2026Urban Dwellings | DRE #01435258Buyer's agent: Branden Yousif, LPT Realty | DRE #02124031
- Sold $4,375,000SOLDMixed Use•17 units1386 Oakdale AveSold Jan 2026NorthMarq Multifamily | DRE #01883437Buyer's agent: Sean Bascom, South Coast Commercial, Inc. | DRE #01862044
Sold $8,000,000SOLDMixed Use•35 units310 S AnzaSold Dec 2025Eric D. Comer, Broker | DRE #00842230Buyer's agent: Eric Comer, Eric D. Comer, Broker | DRE #00842230
Sold $1,150,000SOLDMixed Use•11 units1349 E Main StreetSold Dec 2025NorthMarq Multifamily | DRE #01883437Buyer's agent: Benn Vogelsang, NorthMarq Multifamily | DRE #01883437
Sold $906,000SOLD2 units1277 N Cuyamaca StSold Nov 2025Real Broker | DRE #01783300Buyer's agent: Joyce Huynh, F3 Realty Group | DRE #01899101
Closed commercial sales reported, newest first.
CRMLS
MLS# 260014840SD
Listed:
Nalren refreshed:
Last updated
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Listed by: Conor Brennan, Broker
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.