We are proud to present Pinewood Apartments at 241 Wisconsin Avenue, a 56-unit affordable housing community situated on approximately 1.54 acres in the heart of El Cajon, California. Operating under a Section 42 Low-Income Housing Tax Credit (LIHTC) program, the property offers investors a rare opportunity to acquire a well-established affordable housing asset with a regulatory agreement scheduled to expire in 2029 creating significant potential for future repositioning, recapitalization, and value enhancement. Constructed in 1971, the property features a diverse unit mix consisting of 10 one-bedroom/one-bath units averaging 550 square feet, 36 one-bedroom/one-bath units averaging 620 square feet, two two-bedroom/one-bath units averaging 1,140 square feet, and eight two-bedroom/two-bath units averaging 1,100 square feet, for a total of 56 residences averaging approximately 695 square feet. The community's larger-than-average floorplans provide residents with comfortable living spaces while offering ownership a highly desirable unit mix in a supply-constrained rental market. The property has benefited from ongoing improvements and presents an attractive living environment highlighted by upgraded interiors featuring luxury vinyl plank flooring, updated kitchen cabinetry, modern countertops, spacious closets, ample storage space, and fully equipped kitchens with ranges, refrigerators, and garbage disposals. Additional in-unit amenities include ceiling fans, vertical blinds, cable-ready connectivity, and functional layouts designed to meet the needs of today's renters. Residents enjoy an established amenity package that includes a swimming pool, spa, picnic and outdoor gathering areas, onsite laundry facilities, professional on-site management, and convenient off-street parking. The community's spacious site layout provides an appealing residential atmosphere while maintaining operational efficiency and long-term tenant appeal. Strategically located in East San Diego County, Pinewood Apartments offers residents exceptional connectivity to the region's major employment centers, transportation corridors, and everyday conveniences. The property is situated just minutes from Interstate 8 and State Route 67, providing direct access throughout San Diego County. Residents benefit from close proximity to shopping centers, grocery stores, restaurants, schools, parks, healthcare services, and public transportation options, further enhancing the property's long-term desirability and occupancy stability. With an expiring LIHTC regulatory agreement, substantial land area, strong market fundamentals, and a well-maintained physical plant, Pinewood Apartments presents a compelling opportunity to acquire a strategically located affordable housing asset with multiple pathways to create value over the coming years.