Movoto Real Estate

1163 N 2nd St, El Cajon, CA 92021

$5,700,000
•
  • —

    bed

  • —

    bath

  • 1.33

    Acre ($4.28M/Acre)

Lot/Land for sale 89 days

About 1163 N 2nd St

Property type Lot/Land
HOA fee $0/month
Lot size 1.33 Acre
Movoto estimate
Property description
Rare CUP-approved development opportunity in El Cajon. This 1.33-acre Commercial-zoned parcel has an approved Conditional Use Permit for a large-scale Residential Care Facility for the Elderly (RCFE). Approved plans call for a 3-story, 87,603 SF building with 148 rooms/156 beds (128 assisted living, 28 memory care), central courtyard, two balconies, and 62 covered parking spaces. Seller has completed the full architectural and civil plan set plus a clean Phase 1 Environmental Site Assessment, removing significant entitlement risk and time for a buyer. A third-party demand study by Susan Brecht & Associates supports strong market need, and the City of El Cajon projects a 27.1% increase in residents aged 65+ by 2050. A turnkey opportunity for a senior housing developer or operator to move directly into construction. Buyer to independently verify all permits, entitlements, square footage, and development potential with the City of El Cajon.
Listed by
Listing Agent - Anita Reynolds
Listing Agent Contact: 858-459-3851
Listing Office - Coldwell Banker Realty
Source: San Diego MLS mls logo
MLS#260018158 • last updated 2 months ago
Movoto checked San Diego MLS for data 7 minutes ago
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Overview
MLS # 260018158
Type Farm
Status ACTIVE
SubType Com-Lnd/Rn/Grv
Lot Size (Acres) 1.33
Property Tax 20754
Interior
Amenities / Utilities
Utilities Electric, Natural Gas, Sewer, Telephone, Water
Location
View None
APN 484-232-27-00
Zoning Commercial
Directions From I-8 E, Exit N 2nd St, Head North On 2nd. Property Is On The Right, Between Persimmon Ave And The Alley.
Multifamily Details
Financial Data Source Owner
Lot/ Land Details
Possible Use Commercial, Multi-Dwelling, Other/Remarks
Current Use Vacant
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Around the neighborhood

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63/100
Walk
94/100
Family
72/100
Dining
91/100
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  • Real Estate
  • CA
  • San Diego County
  • El Cajon
  • 92021
  • 1163 N 2nd St

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