For Sale
444 Graves Avenue
El Cajon, CA 92020
$12,500,000
Listed by Conor Brennan, Conor Brennan, Broker, Listing Broker
Advertised by Kyle Shutts, Arbor Real Estate (Advertising Broker), DRE# 02060736
About This Property
Pleased to present Maronda Terrace, a 56-unit gated multifamily investment opportunity located in the heart of El Cajon, one of East San Diego County’s most established rental markets. Built in 1972, the property sits on an expansive ±1.84-acre parcel and features a desirable unit mix consisting of seven (7) one-bedroom/one-bath units, ten (10) two-bedroom/one-and-a-half-bath townhome units, and thirty-nine (39) two-bedroom/two-bath units, appealing to a broad tenant base seeking larger floor plans and convenient access to regional amenities. The asset has benefited from extensive capital improvements that significantly reduce deferred maintenance and support long-term operational stability. Recent upgrades include roof replacements with long-term warranties on most buildings, upgraded electrical subpanels, exterior paint, parking lot resurfacing, interior property fencing, asphalt improvements throughout parking areas, updated water heaters, and completed SB721 balcony inspections. These improvements provide investors with a well-maintained asset requiring limited near-term capital expenditures.
Property Details
Inquiries submitted through this site are answered by Kyle Shutts of Arbor Real Estate, the advertising broker, not the listing agent. Listing data provided by CRMLS. Information is deemed reliable but not guaranteed and should be independently verified. Square footage, lot size, and other details are approximate. This listing is subject to prior sale, change, or withdrawal without notice. Last updated .
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Meet Kyle
Kyle Shutts
Real Estate Professional
Whether you’re buying your first home, upgrading, or selling a high-value property, my goal is simple: to protect your interests, maximize your outcome, and make the experience as smooth and stress-free as possible.
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