1386 Oakdale Ave, El Cajon, CA 92021

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Sold Price
$4,375,000
List Price
$4,599,000
Closing Date
Jan 15, 2026
Status
CLOSED
MLS#
250041351SD
Lot Size
37,370
Acres
0.86
Days on Market
35
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

The Oakdale Apartments are a 17-unit apartment complex that consists of two structures totaling 14,756 square feet built in 1982 and situated on a 37,370 square foot lot in the strong rental market of El Cajon. The unit mix consists of one 4 bedroom / 2 bathroom unit, fifteen 2 bedroom / 1 bathroom units, and one 1 bedroom / 1 bathroom unit. The complex features 31 off-street surface parking spaces, solar panels, and the potential for 4 to 8 ADUs. Buyer to verify. The spacious units feature AC wall units, ceiling fans, electric stoves, dishwashers, microwaves, and garbage disposals. The two structures were re-roofed in 2022 and 2023. Solar Panels were installed in 2022 and there was re-routing of the plumbing in 2017. A new owner can benefit from the upside of monetizing the electricity produced from the solar panels in addition to the current water and trash bill backs. Contact Broker for details. DO NOT WALK ON THE PROPERTY OR DISTURB TENANTS.

Additional Information

Cooling
Yes
Attached Structure
Detached
Number Of Units Total
17
Gross Scheduled Income
$472,620
Operating Expense
189912

Listing courtesy of Listing Agent: Benn Vogelsang (BennVogelsang@gmail.com) from Listing Office: NorthMarq Multifamily.

Listing sold by Sean Bascom from South Coast Commercial, Inc.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.