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34610341
34610342

1163 N 2nd St, El Cajon, CA 92021 For Sale

Coldwell Banker Realty
Coldwell Banker Realty
Listed by Coldwell Banker Realty
$5,700,000
5 days on market
Updated 2 days ago

1163 N 2nd St

Details
APN 484-232-27-00
Property Type Land
Sub Type Farm
Acreage 1.330
Zoning Commercial

Land | 1.33 acres

Marketing 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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Listing Contacts

Coldwell Banker Realty
Coldwell Banker Realty
Listed by Coldwell Banker Realty

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