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34252744
34252743

909 S Sunshine Ave, El Cajon, CA 92020

JK
CA 01354722
DP
CA CA 01273425
Dp Properties
Century 21 Masters
Listed by Dp Properties, Century 21 Masters
$6,300,000
2 days on market
Updated 2 days ago
Opportunity zone

Southwinds Apartments

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 17,978
Units 22
Cap Rate 5.53%
NOI $348,248
Tenancy Multi
Price per SqFt $350
Year Built 1977
Year Renovated 2015
Lot Size (SqFt) 39,924
Parking Spaces 34 spaces
Parking per 1,000 SqFt 1.89

909 S Sunshine Ave, El Cajon, CA 92020

Marketing description

DP Properties & Century 21 Masters are pleased to offer the Southwinds Apartments investment opportunity located at 909 S. Sunshine Ave in El Cajon, CA.

The Southwinds are 100% 2 Bedroom/1 Bath units which bodes well for the El Cajon marketplace. Fully renovated in 2015, the property has been well maintained by the current ownership.

This is a perfect opportunity for a buyer looking for a stable long term apartment investment in a strong location. Each unit has either an upstairs balcony or a downstairs large enclosed patio/yard.

The property has a gated entry and a large parking lot comprising approximately 34 on-site parking spaces. The residents enjoy a beautifully maintained, sparkling swimming pool that serves as the centerpiece of the community.

El Cajon has the lowest vacancy rate in the county as of 2026. The city of El Cajon was incorporated and made part of San Diego County, California in 1912. El Cajon is approximately 14.5 square miles in size and located just east of the City of San Diego. According to the city website, the city is home to just over 100,000 residents. Just an approximately 20 minute drive to Downtown San Diego, El Cajon’s Public Transportation is serviced by seven separate bus routes, in addition to the San Diego Trolley. Within the city of El Cajon there are approximately 20 elementary schools, 6 middle schools, 5 high schools, and 3 colleges. It is also just minutes from San Diego State University, one of the state’s largest institutions of higher learning and ranked among the nation’s best national universities, according to US News & World.  

Investment highlights

  • High 5.5%+ Cap Rate on Actuals
  • 100% 2 Bedroom Units
  • Extensive Renovations in the past 11 years
  • Recent Exterior Paint & Landscape Upgrades
  • Sparkling Pool &
  • Onsite Laundry Facilities
  • Gated Entrance + 34 Parking Spaces
  • 40,000 Square Foot Lot

Listing Contacts

JK
CA 01354722
DP
CA CA 01273425
Dp Properties
Century 21 Masters
Listed by Dp Properties, Century 21 Masters

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$348,248.00
$29,020.67/mo

Valuation Metrics

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DSCR
5.53%
Cap Rate
5.53%
ROI

Map

Zoning

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RM-2200 ResidentialMulti FamilyResidential Multifamily 2200 Square Foot
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Jim Kelsey
License
01354722
Name
Dave Plutner
License
CA 01273425
Brokerage
DP Properties
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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