909 S Sunshine Ave - Apartments FOR SALE


El Cajon, CA 92020
$6,300,000 USD
858-964-8087
909 S Sunshine Ave, El Cajon, CA for Sale
$6,300,000 USD
Apartments - FOR SALE
1/18
null | 5.53% Cap Rate

909 S Sunshine Ave
El Cajon, CA 92020


HIGHLIGHTS

  • High 5.5%+ Cap Rate on Actuals
  • 100% 2 Bedroom Units
  • Recent Exterior Paint & Landscape Upgrades
  • Sparkling Pool & Onsite Laundry Facilities
  • Gated Entrance + 34 Parking Spaces

OVERVIEW

DP Properties & Century 21 Masters are pleased to offer the Southwinds Apartments investment opportunity located at 909 S. Sunshine Ave in El Cajon, CA. The Southwinds are 100% 2 Bedroom/1 Bath units which bodes well for the El Cajon marketplace. Fully renovated in 2015, the property has been well maintained by the current ownership. This is a perfect opportunity for a buyer looking for a stable long term apartment investment in a strong location. Each unit has either an upstairs balcony or a downstairs large enclosed patio/yard. The property has a gated entry and a large parking lot comprising approximately 34 on-site parking spaces. The residents enjoy a beautifully maintained, sparkling swimming pool that serves as the centerpiece of the community. LOCATION: El Cajon has the lowest vacancy rate in the county as of 2026. The city of El Cajon was incorporated and made part of San Diego County, California in 1912. El Cajon is approximately 14.5 square miles in size and located just east of the City of San Diego. According to the city website, the city is home to just over 100,000 residents. Just an approximately 20 minute drive to Downtown San Diego, El Cajon’s Public Transportation is serviced by seven separate bus routes, in addition to the San Diego Trolley. Within the city of El Cajon there are approximately 20 elementary schools, 6 middle schools, 5 high schools, and 3 colleges. It is also just minutes from San Diego State University, one of the state’s largest institutions of higher learning and ranked among the nation’s best national universities, according to US News & World.

FOR SALE DETAILS

PRICE

$6,300,000 USD

PRICE/SF

$306 USD /SF

# OF UNITS

22

PRICE/UNIT

$286,364

CAP RATE

5.53%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Southwinds Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

PARKING SPACES

34

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,505 SF

ZONING

C

APN/PARCEL ID

492-332-08

ASK ABOUT THIS PROPERTY

Dave PlutnerDP Properties Real Estate Investment BrokerageMore Info
858-964-8087

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Dave PlutnerDP Properties Real Estate Investment BrokerageMore Info
858-964-8087

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.