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Executive Summary
275 West Madison Avenue presents an opportunity for an owner-user or investor to acquire a multi-tenant office property in El Cajon with existing income and near-term occupancy flexibility. The property consists of three suites and is currently configured to accommodate a combination of owner-user occupancy and leased tenancy. Suite B is occupied by a dental practice under a lease extending through January 2031, providing in-place rental income, while Suite C is occupied by Heart of Gold Support Services on a month-to-month basis with stated interest in renewing its occupancy. Suite A is currently vacant, creating an immediate opportunity for owner-user occupancy.
The property is situated within El Cajon, approximately 17 miles east of Downtown San Diego, providing access to the broader San Diego metropolitan area. The location benefits from connectivity to Interstate 8 and major local thoroughfares including North Magnolia Avenue and West Madison Avenue. Nearby demand generators include Grossmont Hospital, Grossmont College, Parkway Plaza, and surrounding commercial and residential neighborhoods that support professional and healthcare-oriented uses.
Property characteristics include a two-story configuration on approximately 0.43 acres with on-site parking and OP zoning. The existing tenancy mix, combined with available occupancy options, provides flexibility for medical, professional office, or administrative users seeking to offset occupancy costs through rental income. The combination of stabilized tenancy, owner-user potential, and access to major transportation routes positions the asset for a variety of ownership strategies.
The property is situated within El Cajon, approximately 17 miles east of Downtown San Diego, providing access to the broader San Diego metropolitan area. The location benefits from connectivity to Interstate 8 and major local thoroughfares including North Magnolia Avenue and West Madison Avenue. Nearby demand generators include Grossmont Hospital, Grossmont College, Parkway Plaza, and surrounding commercial and residential neighborhoods that support professional and healthcare-oriented uses.
Property characteristics include a two-story configuration on approximately 0.43 acres with on-site parking and OP zoning. The existing tenancy mix, combined with available occupancy options, provides flexibility for medical, professional office, or administrative users seeking to offset occupancy costs through rental income. The combination of stabilized tenancy, owner-user potential, and access to major transportation routes positions the asset for a variety of ownership strategies.
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
5,029 SF
Building Class
C
Year Built/Renovated
1969/1971
Price
$1,600,000
Price Per SF
$318.15
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,029 SF
Building FAR
0.27
Lot Size
0.43 AC
Zoning
OP, El Cajon
Parking
21 Spaces (3.38 Spaces per 1,000 SF Leased)
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Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 482-283-05 | Improvements Assessment | $776,405 |
| Land Assessment | $568,707 | Total Assessment | $1,345,112 |
Property Taxes
Parcel Number
482-283-05
Land Assessment
$568,707
Improvements Assessment
$776,405
Total Assessment
$1,345,112
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275 W Madison Ave



