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1219 Persimmon Ave
El Cajon, CA 92021

$10,500,000 USD

Apartments For Sale • 23,802 SF

Property Details

Property Type Apartments
Total Building Size 23,802 SF
Lot Size 0.89 AC
Building Class C
Year Built 1990
Cap Rate 6.20 %
Zoning RV

0 Transit Score

71 Walk Score

                
                    Highlights
                
                                Assumable private Debt @ 3.5% interest only 
                            
                                Excellent Condition - No Deferred Maintenance 
                            
                                1990s Construction 
                            
                                Large Lot with Ample Parking
                            
                                Second Floor Units have Tall Vaulted Ceilings w/ Skylights

Property Flyers

Pro Forma

Financial Summary (Proforma)

Net Operating Income: $637,942 USD (2025)

Cap Rate:	6.20 %
Total Expenses:	$285,692 USD

Amenities

Air Conditioning
Laundry Facilities
Property Manager on Site
Vaulted Ceiling
Refrigerator
Double Pane Windows
Skylights

Public Transportation

Airport	Drive	Walk	Distance
San Diego International	27 min	-	18.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	50
Type:	Surface
Included in Rent:	Yes

Brian Nelson 619-226-6011 South Coast Commercial, Inc.

1219 Persimmon Ave El Cajon, CA 92021