REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Kevin Silverstein

[email protected] +1(619) 203-7041

$5,700,000

Est. payment - /mo

Save

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Com-Lnd/Rn/Grv

Listing Status Active

Purchase Type For Sale

MLS Listing ID 260018158

Annual Tax Amount $20,754

Lot Dimensions 208.03'x208.05'

Property Sub-Type Com-Lnd/Rn/Grv

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.

Location

State CA

County San Diego

Area East County

Zoning Commercial

Direction From I-8 E, exit N 2nd St, head north on 2nd. Property is on the right, between Persimmon Ave and the alley.

Interior

Fireplace No

Exterior

Utilities Available Electric, Natural Gas, Sewer, Telephone, Water

View Y/N Yes

View None

Present Use Vacant

Others

Senior Community No

Tax ID 484-232-27-00

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Read Less Info

Listed by Anita Reynolds, DRE#01845775 Coldwell Banker Realty

Nearby School & Business

Get More Information

Kevin Silverstein

+1(619) 203-7041

Realtor | CA BRE #02098925

Realtor CA BRE #02098925

San Diego Communities

1163 N 2nd St El Cajon, CA 92021

Kevin Silverstein

Key Details

Location

Interior

Exterior

Others

Nearby School & Business

Get More Information