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.
MLS #
SD250025212
MLS Source
San Diego MLS
Days on Site
19
Cooling
Central Forced Air - Gas
Heating
Central Forced Air - Gas
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | 7 |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | – | – | 0/0 | – | $15,100 | – |
469 N 1st is a Residential Income in El Cajon, CA 92021. This – square foot property sits on a 0.35 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,500,000 and was built in –.
This address can also be written as 469 N 1st, El Cajon, CA 92021.©2025 San Diego MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from San Diego MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of May 07, 2025. For the most current information, please contact Eric Comer, (858) 369-3083