Villa Capri — Sale in El Cajon, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: El Cajon, CA 92021

Investment Figures

Cap rate
4.48%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present Villa Capri, a 59-unit apartment community located near the heart of Downtown El Cajon, one of San Diego County’s most active and transit oriented Tier-2 employment hubs. Positioned just 16 miles east of Downtown San Diego, the property sits within an energetic historic district surrounded by an array of shopping and dining options, year-round entertainment, theatre, and community events. The property is comprised of twenty-four (24) one-bedroom/one-bathroom, sixteen (16) two-bedroom/one-bathroom, twelve (12) two-bedroom/two-bathroom, and seven (7) three-bedroom/two-bathroom floorplans that average over 816 sq ft. Each unit is equipped with electric appliances, above-range hood vents, bypass closet doors, and select private patios and balconies. Constructed in 1969, Villa Capri’s community amenities include a sparkling pool, landscaped courtyards, picnic and BBQ areas, ample off-street parking, and on-site laundry facilities. The property offers efficient regional connectivity, just 0.5 miles from Interstate 8, 2.5 miles from the El Cajon Transit Center, and only steps f rom a major bus stop at N 2nd St & E Main. Residents enjoy convenient access to key employment destinations including Downtown San Diego, Kearny Mesa, Mission Valley, and UTC, all reachable within approximately 25 minutes. Villa Capri benefits f rom its location in El Cajon, the fifth-largest city in San Diego County and home to the region’s highest concentration of multifamily inventory. The submarket is supported by a deep and stable renter base, helping sustain consistently low vacancy levels and strong demand for larger, more affordable units relative to coastal neighborhoods. As renter preferences continue shifting toward affordability and space, East County remains one of the most in-demand rental areas in the metro. With its central location, strong renter demand, and significant operational upside, Villa Capri represents a compelling value-add multifa

Market Context

This multifamily in El Cajon, CA is listed for sale. It is offered at an approximate 4.5% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 101 days. Compare it against other multifamily listings for sale in El Cajon, CA — view the full market.

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