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1163 N 2nd St
El Cajon, CA 92021
Commercial Land · Land For Sale
·
1.33 AC
Investment Highlights
- CUP-approved for 148-room senior living facility
- Clean Phase 1 environmental report completed
- Strong demand study by Susan Brecht & Associates
- Includes 128 assisted living and 28 memory care beds
- 62 covered parking spaces and landscaped courtyard
- City forecasts 27.1% senior population growth by 2050
Executive Summary
This CUP-approved development opportunity presents a rare chance to acquire a fully entitled site for a large-scale senior living facility in the heart of El Cajon. With 148 rooms and 156 beds planned across assisted living and memory care, the project is designed to meet the growing demand for elder care in the region. The building’s thoughtful design includes a central courtyard, two balconies, and 62 covered parking spaces, enhancing both resident comfort and operational efficiency.
The property benefits from a clean Phase 1 environmental report and a third-party demand study by Susan Brecht & Associates, a recognized leader in senior housing analytics. The City of El Cajon’s own demographic projections anticipate a 27.1% increase in the senior population by 2050, underscoring the long-term demand for quality care facilities. This site’s former use as a nursery and its rectangular configuration make it ideal for streamlined development. With entitlements in place and market indicators aligned, this offering is well-positioned for investors or operators seeking to capitalize on Southern California’s aging population.
The property benefits from a clean Phase 1 environmental report and a third-party demand study by Susan Brecht & Associates, a recognized leader in senior housing analytics. The City of El Cajon’s own demographic projections anticipate a 27.1% increase in the senior population by 2050, underscoring the long-term demand for quality care facilities. This site’s former use as a nursery and its rectangular configuration make it ideal for streamlined development. With entitlements in place and market indicators aligned, this offering is well-positioned for investors or operators seeking to capitalize on Southern California’s aging population.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 1.33 AC |
| Property Type | Land | ||
| Zoning | C - Commercial zoning designates areas for business operations, separating them from residential areas to manage noise, traffic, and development. | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 1.33 AC |
| Zoning | C - Commercial zoning designates areas for business operations, separating them from residential areas to manage noise, traffic, and development. |
1 Lot Available
Lot
| Price | $5,700,000 | Lot Size | 1.33 AC |
| Price Per AC | $4,285,714.29 |
| Price | $5,700,000 |
| Price Per AC | $4,285,714.29 |
| Lot Size | 1.33 AC |
CUP-approved El Cajon site for RCFE: 148 rooms, 156 beds (128 AL, 28 MC), 3-story with courtyard, balconies, 62 covered parking. Clean Phase 1. Strong demand study. City forecasts 27.1% senior growth by 2050. Former nursery.
Description
Former nursery. The City of El Cajon has approved a Conditional Use Permit for the development of a large-scale Residential Care Facility for the Elderly. The facility will feature 148 rooms, 158 beds, with 128 assisted living rooms and 28 memory care rooms/beds.
Property Taxes
| Parcel Number | 484-232-27 | Improvements Assessment | $26,530 |
| Land Assessment | $1,745,687 | Total Assessment | $1,772,217 |
Property Taxes
Parcel Number
484-232-27
Land Assessment
$1,745,687
Improvements Assessment
$26,530
Total Assessment
$1,772,217
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