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4224-4228 El Cajon Blvd Local commercial 627 m² 100 % Loué À vendre San Diego, CA 92105 2 584 296 € (4 119,84 €/m²) Taux de capitalisation 3,80 %
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Informations principales sur l'investissement
- Preliminary plans submitted — streamlined path to permits under Complete Communities Tier 3 Overlay
- Covered land play ±6,752 SF existing retail, all tenants month-to-month
- High visibility corridor with Walk Score® 93 & Transit Score® 56
- Large parcel: ±12,279 SF with 123’ frontage on El Cajon Blvd
- Near-shovel-ready – can advance directly to construction documents & permits
- Infill redevelopment corridor with active pipeline projects and public-private support
Résumé analytique
Property Type: Retail / Redevelopment
Lot Size: 12,279 SF (0.28 acres)
Existing Improvements: 6,752 SF retail (built 1942)
Frontage: 123’ on El Cajon Blvd
Zoning: Complete Communities Tier 3 Overlay (6.5 FAR, no parking requirement)
Tenancy: all month-to-month leases
Price: 2,995,000 ($243/SF land, $443/SF building)
Development Highlights
Preliminary Plans Submitted: Concept for 78 multifamily units + 5,000 SF ground-floor commercial
Entitlement Status: No affordable housing requirement; project can proceed directly to construction documents and building permits
FAR Potential: 69,000 buildable SF
Location Features
Walk Score 93 – Walker’s Paradise
Transit Score 56 – Good Transit
Located in the heart of City Heights on a highly visible corridor with strong redevelopment momentum
Close to major employers, retail, and transit connections
Investment Opportunity
4228 El Cajon Blvd offers investors a rare covered land play in a rapidly evolving San Diego submarket. With all tenants on short-term leases, immediate income is coupled with a clear path to redevelopment. The site’s Complete Communities Tier 3 zoning and submitted plans make this a near-shovel-ready opportunity for multifamily developers.
Lot Size: 12,279 SF (0.28 acres)
Existing Improvements: 6,752 SF retail (built 1942)
Frontage: 123’ on El Cajon Blvd
Zoning: Complete Communities Tier 3 Overlay (6.5 FAR, no parking requirement)
Tenancy: all month-to-month leases
Price: 2,995,000 ($243/SF land, $443/SF building)
Development Highlights
Preliminary Plans Submitted: Concept for 78 multifamily units + 5,000 SF ground-floor commercial
Entitlement Status: No affordable housing requirement; project can proceed directly to construction documents and building permits
FAR Potential: 69,000 buildable SF
Location Features
Walk Score 93 – Walker’s Paradise
Transit Score 56 – Good Transit
Located in the heart of City Heights on a highly visible corridor with strong redevelopment momentum
Close to major employers, retail, and transit connections
Investment Opportunity
4228 El Cajon Blvd offers investors a rare covered land play in a rapidly evolving San Diego submarket. With all tenants on short-term leases, immediate income is coupled with a clear path to redevelopment. The site’s Complete Communities Tier 3 zoning and submitted plans make this a near-shovel-ready opportunity for multifamily developers.
Informations sur l’immeuble
Type de vente
Investissement
Condition de vente
1031 Exchange
Type de bien
Local commercial
Sous-type de bien
Surface de l’immeuble
627 m²
Classe d’immeuble
C
Année de construction
1942
Prix
2 584 296 €
Prix par m²
4 119,84 €
Taux de capitalisation
3,80 %
RNE
98 203 €
Pourcentage loué
100 %
Occupation
Multi
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,55
Surface du lot
0,11 ha
Zonage
C - Commercial
Stationnement
9 places (14,35 places par 1 000 m² loué)
Façade
37 m sur El Cajon Blvd
Caractéristiques
- Ligne d’autobus
- Enseigne sur pylône
- Signalisation
- Intersection avec signalisation
- Climatisation
1 1
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
50/100
Principaux commerces à proximité
Taxes foncières
| Numéro de parcelle | 471-051-15 | Évaluation des aménagements | 409 178 € |
| Évaluation du terrain | 582 989 € | Évaluation totale | 992 168 € |
Taxes foncières
Numéro de parcelle
471-051-15
Évaluation du terrain
582 989 €
Évaluation des aménagements
409 178 €
Évaluation totale
992 168 €
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4224-4228 El Cajon Blvd
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