Map of Property

469 N. First Townhomes

469 N 1st St, El Cajon, CA 92021

  • For Sale $2,500,000
  • Property Type Multi-Family
  • Property Size 6,572 SF
  • Units 7
  • Lot Size 0.35 Acre
  • Cap Rate % 4.01
  • Year Built 1987
  • Date Updated Apr 29, 2025

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.

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Contacts

broker
Eric Comer Is this you?

Kidder Mathews

broker
Merrick Matricardi Is this you?

Kidder Mathews

broker
Jim Neil Is this you?

Kidder Mathews

Location

Getting Around

  • Walk Score ®

    69/100 Somewhat Walkable

  • Transit Score ®

    37/100 Some Transit

  • Bike Score ®

    49/100 Somewhat Bikeable
Powered by Walk Score ®
  • City El Cajon, CA
  • Zip Code 92021
  • Market San Diego

Points of Interest

  • Arnele Avenue

    1.86 miles

  • Amaya Drive

    3.48 miles

  • Grossmont

    4.08 miles

  • La Mesa Boulevard

    5.04 miles

  • 70th Street

    5.99 miles

  • Uber / Lyft Driver Drop Off

    7.38 miles

  • SDSU Transit Center

    7.56 miles

  • Massachusetts Avenue

    7.64 miles

  • Grantville

    9.00 miles

  • Mission San Diego

    9.78 miles

  • Super Star Station

    0.30 miles

  • Arco

    0.41 miles

  • Kwik Trip

    0.46 miles

  • Gas Depot

    0.48 miles

  • Chevron

    0.50 miles

  • Shell

    0.56 miles

  • Golden State Gasoline

    0.57 miles

  • 76

    0.71 miles

  • Electrify America

    3.02 miles

  • La Mesa Supercharger

    4.22 miles

  • Parking Structure

    0.86 miles

  • Broadway Plaza Centre

    0.90 miles

  • Washington Avenue Park And Ride

    1.22 miles

  • Parkway Plaza Parking

    1.52 miles

  • A

    1.72 miles

  • El Cajon Transit Center Parking

    1.89 miles

  • Parking lot

    2.48 miles

  • California Flight Academy

    2.51 miles

  • Magnolia Avenue Park And Ride

    2.83 miles

  • Los Coches Park And Ride

    3.21 miles

  • Valley Motel

    0.40 miles

  • Days Inn El Cajon

    0.43 miles

  • Best Inn and Suites

    0.45 miles

  • Econo Lodge Inn & Suites El Cajon San Diego East

    0.49 miles

  • Best Western Continental Inn

    0.53 miles

  • Palm Residence Motel

    0.68 miles

  • Best Western

    0.69 miles

  • Rodeway Inn

    0.71 miles

  • Super 8 by Wyndham El Cajon CA

    1.02 miles

  • Northgate Motel

    1.02 miles

  • Gate of Damascus

    0.31 miles

  • Ochoa's Mexican Food

    0.38 miles

  • Papa John's

    0.41 miles

  • Panda's Tortas and Frutas locas

    0.44 miles

  • Chen Golden Palace

    0.44 miles

  • Taco Bell

    0.44 miles

  • El Cotixan Mexican Food

    0.44 miles

  • El Cilantro Mexican Grill

    0.45 miles

  • Greek Chicken

    0.45 miles

  • Pho Superbowl

    0.45 miles

  • El Cajon Valley High School

    0.20 miles

  • Naranca Elementary School

    0.40 miles

  • Learn 4 Life Diego Valley East

    0.53 miles

  • Cajon Valley Union School District

    0.58 miles

  • Lexington Elementary School

    0.66 miles

  • Holy Trinity School

    0.67 miles

  • Cajon Valley Junior High School

    0.70 miles

  • Bostonia Language Academy

    0.98 miles

  • Bostonia Elementary School

    0.99 miles

  • The Circle Preschool

    1.14 miles

  • BunnyBears Preschool La Mesa

    4.56 miles

  • Hunter's Nursery

    5.87 miles

  • Lemon Grove Childcare Center

    6.84 miles

  • World of Wonder Christian Preschool

    7.37 miles

  • Bright Horizons Preschool

    9.53 miles

  • Our Lady of the Sacred Heart Catholic Church Day Care Center

    9.89 miles

Frequently Asked Questions

How much does 469 N. First Townhomes cost?

The space currently listed for sale at 469 N. First Townhomes asks for $2,500,000.

What is the total square footage of 469 N. First Townhomes?

469 N. First Townhomes totals 6,572 square feet.

When was this property built?

469 N. First Townhomes was built in 1987.

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