Map of Property

469 N. First Townhomes

For Sale

469 N 1st St, El Cajon, CA 92021

This El Cajon property for sale is located at 469 N 1st St. The current listed sale price for 469 N. First Townhomes is $2,500,000. 469 N. First Townhomes is situated on a lot that is 0.35 acre in size.

Contacts

broker
Eric Comer

Kidder Mathews

broker
Merrick Matricardi

Kidder Mathews

broker
Jim Neil

Kidder Mathews

Property Details

  • 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.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 69/100

    Walk Score ®

  • 37/100

    Transit Score ®

  • 49/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

  • Manolo Farmers Market

    0.38 miles

  • Big Lots

    0.39 miles

  • Grocery Outlet

    0.45 miles

  • Walmart Neighborhood Market

    0.47 miles

  • Valley Foods

    0.50 miles

  • Sprouts Farmers Market

    0.52 miles

  • Harvest International Market

    0.59 miles

  • Saray Butcher Shop

    0.62 miles

  • Ol' Rodeo's Market

    0.64 miles

  • Garcia's Puebla Mercado

    0.70 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact 469 N. First Townhomes
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.