1219 Persimmon Ave #46, El Cajon, CA — $10,500,000

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About this home

We are pleased to present 1219 Persimmon Avenue, a charming 46-unit multifamily community located in El Cajon, California. Built in 1990, this well-maintained asset consists of (45) 516 SF One Bedroom / One Bath units & (1) 600 SF One Bedroom / One Bath permitted ADU. All second-floor units feature taller vaulted ceilings for a spacious open feel. *The property is restricted to senior tenants (62+). There are no income-related restrictions currently in place however if someone would like to take advantage of tax credit incentive programs there is opportunity if leasing units to lower income tenants.

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk

🏷 Last sold$6,800,000 · Feb 2021

📋 Assessed value$7,539,584

💵 Annual tax$140,865

🏫 School districtGrossmont Union High School District

MLS #230011250

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone

🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

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VA loan (no PMI)

Estimated total monthly payment

$65,781

Principal & interest$53,094

Property tax$9,625

Home insurance$3,062

Down payment: $2,100,000Loan: $8,400,000

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.