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1163 N 2nd St , El Cajon, CA 92021
$5,700,000
Est. Payment: $31,091.78/mo
Status: ACTIVE | Days on site: 15
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61859 - 651713,711366
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Chris Heller
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House 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.
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Highlights

Listed by Anita Reynolds , 858-692-3790 and Shaun Michael Reynolds , 858-886-9772 Coldwell Banker Realty , 858-459-3851. San Diego County Multiple Listing Service mls logo

Property Type

Farm/Ranch

County

San Diego

Area

East County

Listing ID

260018158

Questions about this listing?

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Interior Features

Exterior Features

Lot Dimensions:208.03'x208.05'
Zoning:Commercial
Principal Interest
$31,092
Taxes
$1,730

Home Price

$5,700,000

Loan Details

30 yrs
7.245%

Down Payment

20%
$1,140,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$31,091.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $31,091.78 $1,729.50 $0.00 $32,821.28
Yearly $373,101.30 $20,754.00 $0.00 $393,855.30
Total $11,193,039.09 $622,620.00 $0.00 $11,815,659.09

Today's Rates

30 Year

7.25%

20 Year

7.27%

15 Year

6.6%

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Market insight data is pulled from the same city as the listing being viewed (El Cajon, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The data relating to real estate for sale on this web site comes in part from the San Diego MLS, Inc.. Real estate listings held by brokerage firms other than Heller Real Estate Group | eXp Realty of Southern California | PLACE are marked with the IDX logo. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS.

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Data last updated: 2026-10-05T00:00:59.000Z

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