Seller's Agent in 2025
Eric Comer
Eric D. Comer, Broker
(858) 231-4683
55 Total Sales
469 N 1st St El Cajon, CA 92021
2
Beds
2
Baths
6,572
Sq Ft
0.35
Acres
About This Home
As of June 2025469 North First Street Townhomes is a well maintained, high-demand multifamily community offering significant rental upside. The property comprises all 2-bedroom, 2.5-bathroom townhome-style units—each featuring private patios and balconies. Every unit is equipped with in-unit washer and dryer hookups, a highly valued amenity in the El Cajon rental market, where many competing properties do not offer this convenience. These features enhance tenant retention, as townhome living provides a quieter, more spacious residential experience. A Final Subdivision Map has been recorded for the property, offering a potential condominium conversion and individual unit sales. This presents a compelling alternative exit strategy for investors seeking long-term flexibility. Ideally situated adjacent to Wells Park, the property enjoys excellent walkability to grocery stores, dining, coffee shops, and essential neighborhood services—making it exceptionally attractive to renters who value convenience and lifestyle.
Last Agent to Sell the Property
Eric D. Comer, Broker License #00842230 Listed on: 04/23/2025
Townhouse Details
Home Type
- Townhome
Home Design
- Frame Construction
- Stucco
Interior Spaces
- 2 Bedrooms
- 6,572 Sq Ft Home
- 2-Story Property
Additional Features
- Number of ADU Units: 7
- Central Heating and Cooling System
Community Details
- 7 Units
- Operating Expense $83,683
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Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/16/2025 06/16/25 | Sold | $2,215,000 | -11.4% | $337 / Sq Ft |
| 04/23/2025 04/23/25 | For Sale | $2,500,000 | -- | $380 / Sq Ft |
Source: San Diego MLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $21,025 | $1,151,373 | $270,907 | $880,466 |
| 2024 | $21,025 | $1,128,798 | $265,596 | $863,202 |
| 2023 | $19,260 | $1,106,666 | $260,389 | $846,277 |
| 2022 | $18,616 | $1,084,968 | $255,284 | $829,684 |
| 2021 | $18,902 | $1,063,695 | $250,279 | $813,416 |
| 2020 | $17,846 | $1,052,789 | $247,713 | $805,076 |
| 2019 | $12,654 | $1,032,147 | $242,856 | $789,291 |
| 2018 | $12,450 | $1,011,910 | $238,095 | $773,815 |
| 2017 | $30 | $992,070 | $233,427 | $758,643 |
| 2016 | $11,801 | $972,618 | $228,850 | $743,768 |
| 2015 | $11,742 | $958,009 | $225,413 | $732,596 |
| 2014 | $11,514 | $939,244 | $220,998 | $718,246 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Comer
-
Rod Ewdish
Buyer's Agent in 2025
Rod Ewdish
Realty Executives Dillon
(619) 414-9982
5 Total Sales
Map
Source: San Diego MLS
MLS Number: 250025212
APN: 489-140-86-00
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