Browse All El Cajon CA Between $3 Million - $4 Million Properties for Sale

Perched on a hilltop in the hills of Shadow Mountain this Mediterranean estate offers sweeping mountain, valley, city light and sunset views. A double gated entry opens to a circular paver motor court ringed in palm trees. Inside, a soaring barrel-vaulted ceiling crowns the main living space, with marble floors inlaid with stone banding and arched windows pouring in natural light. The home lives like a single story, with the primary suite on the main level and three additional junior suites upstairs, each featuring walk-in closets and en-suite baths. The primary includes a vaulted beam ceiling, a linear fireplace, and arched French doors opening directly to the pool terrace, with a spa-like bathroom featuring dual vanities, a separate makeup station, a soaking tub, and an oversized glass shower. A dedicated cinema room adds to the home's entertaining spaces. The backyard is set up for entertaining, with a zero-edge infinity pool, raised spa and a private putting green, all overlooking stunning mountain views! Perched on a hilltop in the hills of Shadow Mountain this Mediterranean estate offers sweeping mountain, valley, city light and sunset views. A double gated entry opens to a circular paver motor court ringed in palm trees. Inside, a soaring barrel-vaulted ceiling crowns the main living space, with marble floors inlaid with stone banding and arched windows pouring in natural light. The home lives like a single story, with the primary suite on the main level and three additional junior suites upstairs, each featuring walk-in closets and en-suite baths. The primary includes a vaulted beam ceiling, a linear fireplace, and arched French doors opening directly to the pool terrace, with a spa-like bathroom featuring dual vanities, a separate makeup station, a soaking tub, and an oversized glass shower. A dedicated cinema room adds to the home's entertaining spaces. The backyard is set up for entertaining, with a zero-edge infinity pool, raised spa and a private putting green, all overlooking stunning mountain views!

2424 Cerro Sereno, El Cajon

Listing courtesy of Listing Agent: Mike Aon (619-504-5042) from Listing Office: Realty Executives Dillon.

$3,195,000

16 Beds ⋅ 16 Baths ⋅ 260024843 MLS

633 E Park Avenue presents a fantastic opportunity to acquire a fully occupied, 16-unit apartment community in El Cajon at a 6.52% in-place cap rate, SIGNIFICANLY better then any other market opportunity currently available and well above the 4.7% San Diego County multifamily average. Built in 1972 and situated on a 16,122 square foot corner parcel, the approximately 7,440 square foot, two-story buildings feature sixteen 1BR/1BA units, a gated on-site parking lot with 20 spaces, and wrought-iron perimeter fencing. The RUBS billback and laundry produce approximately $6,375 per year in additional income. Upside remains increasing rent to market at $1,700 per month. With an actual gross scheduled income of $322,629 and a net operating income of over $208,000, investors can achieve a 6.52% cap rate at asking, rising to 6.82% at market rents, with a 1.58 debt coverage ratio on new financing. The property’s location further elevates its investment appeal. 633 E Park Avenue sits just blocks from Interstate 8, and minutes from downtown El Cajon, Parkway Plaza, and the East Main Street retail corridor. The all one-bedroom unit mix keeps leasing, turnover, and management simple. For investors seeking a stabilized, easily managed asset with a cap rate well above the market, utility recovery already in place, and positive cash flow from day one, 633 E Park Avenue, represents a compelling acquisition in the heart of East County. 633 E Park Avenue presents a fantastic opportunity to acquire a fully occupied, 16-unit apartment community in El Cajon at a 6.52% in-place cap rate, SIGNIFICANLY better then any other market opportunity currently available and well above the 4.7% San Diego County multifamily average. Built in 1972 and situated on a 16,122 square foot corner parcel, the approximately 7,440 square foot, two-story buildings feature sixteen 1BR/1BA units, a gated on-site parking lot with 20 spaces, and wrought-iron perimeter fencing. The RUBS billback and laundry produce approximately $6,375 per year in additional income. Upside remains increasing rent to market at $1,700 per month. With an actual gross scheduled income of $322,629 and a net operating income of over $208,000, investors can achieve a 6.52% cap rate at asking, rising to 6.82% at market rents, with a 1.58 debt coverage ratio on new financing. The property’s location further elevates its investment appeal. 633 E Park Avenue sits just blocks from Interstate 8, and minutes from downtown El Cajon, Parkway Plaza, and the East Main Street retail corridor. The all one-bedroom unit mix keeps leasing, turnover, and management simple. For investors seeking a stabilized, easily managed asset with a cap rate well above the market, utility recovery already in place, and positive cash flow from day one, 633 E Park Avenue, represents a compelling acquisition in the heart of East County.

633 E Park Ave, El Cajon

Listing courtesy of Listing Agent: Sean Bascom () from Listing Office: South Coast Commercial, Inc..

$3,500,000

260022227 MLS

Ballantyne Condominiums is󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 a newly constructed mixed-use asset ideally located in the heart of downtown El Cajon, within walking distance of Magnolia entertainment venue, popular restaurants, shopping, and local amenities. The property consists of eight residential condominium units and two ground-floor retail/office suites, including: INVESTMENT OVERVIEW Four (4) spacious 2-bedroom, 2.5-bath units Two (2) 1-bedroom plus study, 1.5-bath units Two (2) 1-bedroom, 1.5-bath units Two (2) street-level retail spaces Each residential unit is equipped with in-unit washer and dryer, individual HVAC systems, and secure gated covered parking. The property is currently 100% occupied, with all residential tenants on month-to-month leases, providing a new owner with the flexibility to implement immediate rental increases and maximize income potential. This turnkey investment is strategically positioned to benefit from the continued growth and revitalization of the East County submarket. A unique value-add opportunity exists for a buyer to complete the HOA formation process and pursue the sale of individual condominium units, potentially unlocking significant additional value. As a rare newer-construction asset, Ballantyne Condominiums offers low maintenance requirements, modern amenities, and strong long-term investment fundamentals.

120 Ballantyne, El Cajon

Listing courtesy of Listing Agent: Ben Ameen (619-840-6692) from Listing Office: Coldwell Banker West.

$3,400,000

6 Beds ⋅ 6 Baths ⋅ 260008640 MLS

Rare single level entertainers estate on nearly 3 usable acres at the end of a private cul de sac. The main residence features ceilings up to 19 feet, 8 foot solid doors, built in speakers throughout, plantation shutters and a gourmet kitchen with black granite countertops, Birdseye Maple cabinets and a 5 burner gas range that opens to the main living space. Outside is where this property truly separates itself. Tropical pool and spa, full outdoor kitchen, private putting green, play area and two horseshoe pits with open acreage in every direction. A proven Airbnb performer with the infrastructure to back it up. A 1,200 sqft guest house with its own full kitchen, bedroom, bath and private balcony sits above two additional income units, giving you three rentable spaces in one footprint. Live in the main house, put family next door and collect rent on the rest, or run the entire property as a short term rental powerhouse. Well and city water both on site. Single level estates with this much land, this many amenities and this kind of income potential do not come up often!

3525 Caroway Ct, El Cajon

Listing courtesy of Listing Agent: Mike Cady (619-992-4968) from Listing Office: Coastal Premier Properties.

Selling Office: Century 21 Affiliated.

$3,900,000

14 Beds ⋅ 13 Baths ⋅ 260007287 MLS

275 S Mollison Avenue is a 13-unit apartment community offering a fully leased, turnkey investment opportunity. The property features recent upgrades throughout, including new flooring and modern bathroom finishes with floating vanities, creating a clean, contemporary feel that appeals to today’s tenants.This asset delivers stable cash flow, low maintenance, and strong rental demand, all within a private setting and conveniently located near schools, shopping, and major freeways.The current ownership has completed significant improvements, including a full renovation of one unit following vacancy. Upgrades included new cabinetry, flooring, drywall, insulation, updated sliding doors, a remodeled bathroom, and relocation of the water heater to a new tankless system. Professionally managed by Sandirent Property Management for the past three years, the property has maintained consistent performance with no major tenant-related issues, providing investors with confidence in its ongoing operations.An excellent opportunity for investors seeking a stabilized, income-producing asset with upside potential.

275-99 S Mollison, El Cajon

Listing courtesy of Listing Agent: Farid Khayamian (858-922-4845) from Listing Office: Bluxen, Inc..

$3,950,000

250045081 MLS

Located in the heart of downtown El Cajon, this multi-tenant office building offers a unique investment opportunity. Each suite features a dedicated reception area, in-suite restrooms, and access to 17 gated parking spaces, along with ample street parking. Situated near the library, shops, restaurants, and public transportation, the property is within the Mixed-Use Overlay Zone and Downtown Master Design Plan, offering significant potential for residential or mixed-use development. This is an ideal opportunity for investors, developers, or business owners seeking a versatile and high-value property. Sale includes 3 separate properties with individual APN'S (269 with APN 488-221-31-00, 277 with APN 488-221-32-00 and 291 with APN 488-221-33-00).

269, 277, 291 Lexington Ave, El Cajon

Listing courtesy of Listing Agent: Brian Connelly (619-813-3229) from Listing Office: Compass.

$3,388,888

250035724 MLS

MAJOR PRICE REDUCTION!!! The portfolio from the corner of Millar with FRONTAGE ON W. Main Street to just the middle of the block is finally offered for sale providing an opportunity to redevelop for the newest mixed-use project in El Cajon. From the City to Seller "We’re thrilled to announce a major revitalization of downtown El Cajon! The Downtown El Cajon Business Partners have teamed up with New City America – a nationally recognized urban revitalization firm – to re-energize our city’s historic heart. Leading the charge is Marco Li Mandri, the visionary best known for transforming San Diego’s Little Italy into a vibrant destination as well as the Third Avenue Village in Chula Vista. With over 30 years of experience revitalizing communities." The City is inviting Developers to come and bring their MIXED-USE solutions to an area that deeply needs regeneration and life. This is the perfect block to start on. Seller has these four parcels starting with the vacant warehouse on the west corner of Millar Ave and W. Main St, a main thoroughfare into the City from both La Mesa and Santee. A portfolio sale would allow a developer acquire almost an entire block or about 21,000 SF +/-. This area desperately needs a shopping center with grocer, restaurants, small retail and office. The AB 2011 and SB6 allows a developer to expand his project and fulfill the needs of the city with the inclusion of residential or density units. The very low parking requirement sitting in the transit district should allow a developer to maximize their FAR for income producing suites and units. The City has confirmed license for warehouse retail can be moved to buyer if done within 30days of COE! You can see the City has been slowly investing in the area with new sidewalk, ADA ramp, commercial waterflow at street, new street lights, trees, bike lane and decorative plants. PROPERTY FEATURES - Investment Type: 4-Parcel Sale for Mixed-Use Development - Lot Size: Approx. 21,000 SF - APN: 487-282-27-00, 487-282-28-00, 487-282-29-00, 487-282-31-00 - Zoning: Commercial with Mixed Use Overlay - Sale Price: $3,388,888 PROPERTY HIGHLIGHTS - Location on W Main Street Just Off HWY 8 Ramps - Located in the El Cajon Transit District Specific Plan - City of El Cajon Anxious to Work with Developer to Revamp Industrial Area - Direct Buyers to AB 2011 and SB 6 for Increased Residential Density and Mixed-Use - Located in the El Cajon Transit District Specific Plan, Blocks from Trolley Hub and Bus Line - 173,780 Cars Per Day on Interstate 8 (0.4 Mile Away) with Off Ramps Feeding into this Street at Signal - Chance to Acquire 4 Parcels on W. Main Street first time in more than 40 years 927 W Main Street, El Cajon, CA 92020 Address 925 W Main Street, El Cajon, CA 92020 Address 935 W Main Street, El Cajon, CA 92020 Address 939 W Main Street, El Cajon, CA 92020 Property Type IMPROVED Vacant Land Size Approx. 5,582 SF Lot Property Type LIVE/WORK Office/Retail Size Approx. 1,650 SF on 5,198 SF Lot Property Type Mechanics Shop Size Approx. 1,288 SF on 5,157 SF Lot Property Type Industrial Warehouse Size Approx. 3,800 SF on 5,219 SF Lot This area is primed for redevelopment as part of the “Green Street Gateway” and “Commercial Village.” The parcel is easily accessible and within 2 short blocks of HWY 8 onramps, the major signal at Marshall and Main Street, around the corner from El Cajon's transit hub and Trolley stop known as the El Cajon Transit Center, and in blocks of several major car dealerships including Mossy Nisan, Mercedes and Toyota of El Cajon. The City is looking for revitalization to serve the neighborhoods and the many employees within the immediate area on a daily basis. "The area immediately surrounding the transit station is an aging industrial and heavy commercial area which interfaces with residential neighborhoods comprised of single and multi-family residences. The Planning Area contains a diverse mix of uses but lacks the appropriate infrastructure, public amenities, and commercial services to function as a complete neighborhood that promotes alternative mode of transportation and that is a desirable and attractive place to live, walk, bike, work or shop." Pg. 14. p 2.3 El CAJON TRANSIT DISTRICT SPECIFIC PLAN. This City of El Cajon is screaming for developers to come in and revamp the area within the new Commercial Village overlay. Contact me to learn more about this property. City of El Cajon has advised developers to look into the application of new state laws AB2011 and SB6 which may help you to up-zone the residential component of this proposed redeveloped mixed-use. This area is just east of the 8 freeway with frontage on W. Main St. as you enter El Cajon and walking distance to Trolley Line. City is anxious to see this area redeveloped into a "North Park" of the east with tons of walking traffic, restaurants, retail, office and some upper units. This area is just primed for your developers looking for a new mixed-use project with very low parking requirement. Buyer to investigate new AB 2011 and SB6 for increased housing to see if this industrial area and any conversions to residential units will allow for any variances in approval for additional units above the required mixed-use zoning set into place by City of El Cajon. The four lots are backing an older residential neighborhood and near trolley by 2 blocks.

927-939 W Main St, El Cajon

Listing courtesy of Listing Agent: Lesha A Montoya (619-992-5863) from Listing Office: Pacific Coast Commercial.

$3,100,000

4 Beds ⋅ 7 Baths ⋅ 240000977 MLS

Perched majestically atop the serene El Cajon hills, this custom-built residence is a showcase of luxury, comfort, and unparalleled 360-degree panoramas of Southern California's enchanting landscape. Enveloped in the natural granite-filled hills, the property's outdoor sanctuary features a custom, in ground pool and spa, a mesmerizing Koi pond, oversized RV garage/workshop, and multiple vantage points that capture the essence of hilltop living and breathtaking sunsets. Step inside to experience the epitome of seamless indoor-outdoor flow, with expansive windows and glass doors framing the stunning views, infusing the living spaces with an abundance of natural light. The master suite offers a secluded haven with direct access to the lush backyard and in-ground spa, marrying the comfort of interior luxury with the allure of outdoor tranquility. Culinary adventures and impressive entertaining await in the gourmet kitchen, a dream for any epicurean, featuring high-end, luxury appliances (multiple ovens, dishwasher drawers and extra freezer in the butler’s pantry), polished granite countertops, and extensive cabinetry. The adjoining dining area and family room create an inviting atmosphere, perfect for hosting soirees or savoring intimate family dinners. The living room, anchored by a charming fireplace, provides a warm, inviting space for guests to convene and unwind.

2272 Grace Lamay Ter, El Cajon

Listing courtesy of Listing Agent: Brian P Cane (858-731-7599) from Listing Office: Keller Williams La Jolla.

Selling Office: Pacific Sotheby's Int'l Realty.

$3,520,000

3 Beds ⋅ 2 Baths ⋅ 240001031 MLS

We are pleased to offer for sale the Rockford Gardens (“The Property”), a 16-unit Value-Add multifamily community in the heart of Downtown El Cajon neighboring City Hall and Cajon Valley Middle School. Constructed in 1971, The Property is comprised of four (4) two-bedroom/one-bathroom units and twelve (12) one-bedroom/ one-bathroom units. Tenants enjoy on-site assigned parking, communal laundry facilities, a grass courtyard, two units with large private back yards, tremendous freeway access, walkable retail & public transit, parks, and recreational activities. Two separate areas on the property comprise roughly 6,100 SF that could be utilized for ground-up ADU development.

181 Ballantyne St, El Cajon

Listing courtesy of Listing Agent: Allen S Chitayat (858-546-2644) from Listing Office: CBRE.

Selling Office: Marcus & Millichap.

$3,300,000

5 Beds ⋅ 5 Baths ⋅ PTP2303331 MLS

Gorgeous Mountain Top Estate with commanding 360-degree views is nestled on over 5 acres of lush landscaping in Rancho San Diegos Exclusive Luxury gated community of Hidden Mesa Estates! The outdoor area has been professionally landscaped & designed to entertain with privacy at the finest level possible as you enjoy stunning panoramic City & mountain views all the way to the ocean! Spectacular views from every room inside the house as well! Private Courtyard with waterfalls leads you to the Double door entry that opens upon the dual staircase with wrought iron railings and vaulted ceilings! The Chef's kitchen offers dark cabinetry, quartzite counter-tops, Sub-Zero Refrigerator w SS appliances, & large island that opens up to the family room area! Elegant office w custom wood design from floor to ceiling! Expansive Tropical Oasis in your own backyard that offers a large infinity pool w shallow area to play in, jacuzzi, rock water slide, speakers throughout, multiple water features & stunning outdoor kitchen with wood burning pizza oven, BBQ Grill, burner, Hibachi grill & refrigerator all highlighted w quartzite counter-tops & built-in surround sound speakers! This property offers multiple fire-pit sitting areas to enjoy the views & sunsets, golf putting green area, over 250 fully grown fruit trees, herb garden, Owned Solar system w 52 panels, Smart drip system for irrigation w turf! Everyone will love the Sports Court located at the lower part of the property w unobstructed views and built w rubber flooring that includes tennis, volleyball, tetherball, pickle ball, badminton

977 Avenida Del Oceano, El Cajon

Listing courtesy of Listing Agent: Mike Aon (619-504-5042) from Listing Office: Realty Executives Dillon.

Selling Office: Real Broker.

$2,900,000

4 Beds ⋅ 4 Baths ⋅ PTP2400091 MLS

Gorgeous Single story custom built VIEW estate nestled on top of one of East Countys most prestigious neighborhoods! Designed w complete privacy in mind, You will feel on top of the world as you make your way up its private driveway to overlook gorgeous panoramic mountain and valley views. Custom paver designed Circular driveway and tranquil courtyard greets you with lush landscape and a quiet water feature as you enter your front door with beautiful wrought iron, glass and stone faade backdrop! Formal entry instantly greets you with stunning windows to highlight the views overlooking the infinity-edge pool to paradise! Stunning gourmet kitchen with large island and an extra buffet serving island that opens up to the living room & wet bar area! Kitchen offers Custom two-toned cabinetry with inlaid glass, SS appliances, prep sink in island, coffee bar serving area, walk in pantry & nook eating area w views of the courtyard! Kitchen opens up to the light and bright living room area & offers great room style living with 12 foot ceilings ! 4 spacious bedrooms plus a game room, office or den with fireplace! Plenty of windows and natural sunlight plus multiple French doors that create the ultimate indoor-outdoor style living! Fully equipped wet bar w sink and fridge is perfect to serve guests as you entertain! A privately situated master suite offers ensuite seating area w stunning views, fireplace with TV and multiple French doors to take you outdoors for easy access! Master bath offers spa like features with a walk-in shower w steam room option, relaxing tub for two, his & her

1230 Burris Dr, El Cajon

Listing courtesy of Listing Agent: Mike Aon (619-504-5042) from Listing Office: Realty Executives Dillon.

Selling Office: Realty Executives Dillon.

$3,685,000

5 Beds ⋅ 2 Baths ⋅ 240015800 MLS

12 Turn Key Units with all of the Major Capital Improvements Completed. Current Owner recently installed and paid for Solar Panels eliminating most electric bills. In addition the roofs, windows, hot water heaters, parking gate, exterior paint have all been updated within the past couple years. All the interiors have been renovated in some fashion over the past 5-7 years. Rents are approximately 12% below market so with all the heavy lifting completed the new owner should be able to continue and raise rents in what is considered a very stable rental market.

1140 & 1146 E Lexington Ave, El Cajon

Listing courtesy of Listing Agent: Thomas McCartin (858-373-3100) from Listing Office: Marcus & Millichap.

Selling Office: Marcus & Millichap.

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Between $3 Million - $4 Million El Cajon Real Estate

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Browse All El Cajon CA Between $3 Million - $4 Million Properties for Sale

Between $3 Million - $4 Million El Cajon Real Estate

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