Listing provided courtesy of Erik Anderson of Newmark of Southern California. Last updated 2026-07-25 08:42:19.000000. Listing information © 2026 Sandicor.
Asking Price: $4,700,000 |
340 Orlando St, El Cajon CA 92021
Community: 92021 - El Cajon
This Commercial/Residential property was built in 0 and is priced at $4,700,000. Please see the additional details below.
Northwinds Apartments is a 20-unit garden community at 340 Orlando Street in El Cajon, fully gated and built around a lush, meticulously maintained central courtyard. The property is 100% occupied with long resident tenure, averaging nearly four and a half years, and offers 18 one bedroom homes at 550 square feet and two two bedroom homes at 750 square feet, each with a private patio and generous storage. Eleven garages, nine with direct courtyard access, and ample additional gated parking serve the community. Built in 1977 and well maintained since, every unit shows in strong condition with quartz or granite countertops, and finish levels leave room for a moderate value-add program on turns. Central water heaters were replaced within the last five to six years. Gross rents sit roughly 11% below market, giving the next owner a clear path to income growth on an already stabilized asset in one of San Diego County's tightest rental submarkets.
