321 Roanoke Road El Cajon, CA ^$ 2,199,000

321 Roanoke Road

^$ 2,199,000

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Recently Listed

321 Roanoke Road

El Cajon, CA, 92020

^$ 2,199,000

Studio Baths1.0 Sq 4,800

Monthly Estimate*

^$ 13,540

Listed by eXp Realty of Southern CA

321 Roanoke Road, El Cajon, CA 92020 - Image 1

321 Roanoke Road, El Cajon, CA 92020 - Image 2

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321 Roanoke Road, El Cajon, CA 92020 - Image 9

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321 Roanoke Road, El Cajon, CA 92020 - Image 18

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Studio

Multi-Family Home for sale in El Cajon, CA

for $2,199,000 with 1 full bath. This 4,800 square foot home was built in 1956 on a lot size of 0.3967.

Rare 6-Unit Investment Opportunity – Prime Income Property Now available , this well-positioned 6-unit apartment complex presents an exceptional opportunity for investors seeking strong cash flow and long-term appreciation. Featuring a diverse unit mix, the property attracts a wide range of tenants, ensuring consistent occupancy and income stability. Strategically located in a high-demand rental area, this asset benefits from steady tenant interest, convenient access to local amenities, and solid rental growth potential. Ideal for both seasoned investors and those looking to expand their portfolio, this property offers multiple avenues for value-add improvements and increased returns. Don’t miss this chance to acquire a versatile multi-family asset with built-in income and upside potential. only Unit 2 has washer & dryer hook up. please drive by only , don't disturb tenant.

Multi-Family Active

Price

^$ 2,199,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.3967

Year Built

1956

Town/City

El Cajon

County/Region

San Diego

MLS | Web ID

NDP2602832

Days on Market

Features

General

Sewer Public Sewer

Heating Wall Furnace

Zoning R3

HOA Fee 0

Garage Spaces 0

Pool Features None

Year Built 1956

Gross Income 142200

Community Features Park

County San Diego

Net Operating Income 99100

Operating Expense 43100

Insurance Expense 4200

Property Type Residential Income

HOA false

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions going north of Ballantyne st toward park st make a right then Roanoke Rd st make a right s.econd building left

City El Cajon

Entry Location Drive Way

Senior Community Y/N false

Open Parking Spaces 6

Number Of Units Total 6

MLS Area 92020 - El Cajon

Lot Size Units Square Feet

Lot Size Square Feet 17280

Number of Units Leased 6

Listing Terms 1031 Exchange

Property Attached Y/N true

Land Lease Y/N false

Trash Expense 2350

Water Sewer Expense 3500

Rent Control Y/N false

Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2602832

Standard Status Active

Year Built Source Owner

Tax Lot 1

Total Actual Rent 142200

Taxes 27500

Cap Rate 4.5

Interior

Total Stories 1

Common Walls 1 Common Wall

Air Conditioning Y/N false

Heating Y/N true

Fireplace Y/N false

Laundry Features See Remarks

Entry Level 1

Total Baths 0

Exterior

Fencing Brick Wood Wire

Lot Features Landscaped Near Park

Total Parking 6

Lot Size Area 17280

Number of Buildings 3

Spa false

Building Area Total 4800

Lot Size Acres 0.3967

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 6

Number of Separate Electric Meters 6

* Excluded Features

List By

Exp Realty Of Southern Ca

Broker

faris19812000@yahoo.com

Affordability Calculator

$13,540

Per Month

Monthly Principal & Interest: $13,540
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in El Cajon, CA

Average List Price ^$1,336,526

Percent of Sale Price 39%

About El Cajon, CA

104,298 Population

10% Since 2002

^$50,194 Median Income

35.91 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/26/2026	$2,199,000	-99.00%	Price Down
3/26/2026	$219,900,000		Listed Price

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321 Roanoke Road, El Cajon, CA, 92020 is a Multi-Family Home for sale at $2,199,000 with 4,800 sqft and a lot size of 0.3967. 321 Roanoke Road is a studio with 1.0 baths and was built in 1956. The property's zip code is 92020 which is in El Cajon, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 3/27/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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321 Roanoke Road

Multi-Family Home for sale in El Cajon, CA

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