321-331 Roanoke Rd

El Cajon, CA 92020

$2,199,000
Price
12
Beds
6
Baths
4,800 Sq. Ft.
$458 / Sq. Ft.
4,800
Sq. Ft.
$458
per Sq. Ft.
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Description

Rare 6-Unit Investment Opportunity – Prime Income Property Now available , this well-positioned 6-unit apartment complex presents an exceptional opportunity for investors seeking strong cash flow and long-term appreciation. Featuring a diverse unit mix, the property attracts a wide range of tenants, ensuring consistent occupancy and income stability. Strategically located in a high-demand rental area, this asset benefits from steady tenant interest, convenient access to local amenities, and solid...Rare 6-Unit Investment Opportunity – Prime Income Property Now available , this well-positioned 6-unit apartment complex presents an exceptional opportunity for investors seeking strong cash flow and long-term appreciation. Featuring a diverse unit mix, the property attracts a wide range of tenants, ensuring consistent occupancy and income stability. Strategically located in a high-demand rental area, this asset benefits from steady tenant interest, convenient access to local amenities, and solid rental growth potential. Ideal for both seasoned investors and those looking to expand their portfolio, this property offers multiple avenues for value-add improvements and increased returns. Don’t miss this chance to acquire a versatile multi-family asset with built-in income and upside potential. please drive by only , don't disturb tenant.
  1. Listed by Faris Katto • DRE #02282837 • Brokerage DRE #02187306 • eXp Realty of Southern CA

Property Details for 321-331 Roanoke Road

Parking Spaces Total
0
Private Pool
No
Total Units
6.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4800
Assessor Parcel Number
488-113-15-00
Property Attached YN
true
LISTING UPDATED: 03/25/2026 06:50 PM

Property Details for 321-331 Roanoke Road

StatusActive
MLS #NDP2602832
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1956
Lot Size0.40 AC / 17,280 SF
CountySan Diego County
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Location

Listing Courtesy of eXp Realty of Southern CA, Faris Katto, DRE #02282837
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Building Information for 321-331 Roanoke Road

Stories1Residences-Year Built1956Building Size-Lot Size0.40 AC / 17,280 SF

Payment Calculator

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$10,672 per month

30 year fixed, 6.11% Interest

Principal and Interest

$10,672

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 321-331 Roanoke Road

Income / Expense / Tax Details
Income Details
  • Gross Income: $142,200
  • Gross Scheduled Income: $142,200
  • Net Operating Income: $99,100
  • Cap Rate: 4.5
Expense Details
  • Operating Expense: $43,100
  • New Taxes Expense: $27,500
  • Insurance Expense: $4,200
  • Professional Management Expense: $0
  • Trash Expense: $2,350
  • Water Sewer Expense: $3,500
  • Total Expenses: $43,100
Tax / Assessment Info
  • Tax Tract Number: 1727
  • Tax Lot: 1
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Park
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: See Remarks
Exterior Features
  • Entry Location: Drive Way
  • Fence: No
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: Landscaped, Park Nearby
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Sewer: Public Sewer
Parking Info
  • Garage Spaces: 0
  • Parking: No
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,900
  • Unit Type Total Rent: $1,900
  • Unit Type Pro Forma: 2250
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,200
  • Unit Type Total Rent: $2,200
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,900
  • Unit Type Total Rent: $1,900
  • Unit Type Pro Forma: 2250
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,050
  • Unit Type Total Rent: $2,050
  • Unit Type Pro Forma: 2250
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,900
  • Unit Type Total Rent: $1,900
  • Unit Type Pro Forma: 2250
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,900
  • Unit Type Total Rent: $1,900
  • Unit Type Pro Forma: 2250
  • Unit Type Type: 6
Unit Information
  • Number Of Units Leased: 6
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 6
  • Number With Disposal: 6
  • Number With Patio: 6

Property History for 321-331 Roanoke Road

DateEvent & SourcePriceAppreciation
Mar 26, 2026

Price Change

CLAW #NDP2602832MR

$2,199,000—
Mar 26, 2026

Listed (Active)

CLAW #NDP2602832MR

$219,900,000—
Mar 26, 2026

Listed (Active)

CRMLS #NDP2602832

$219,900,000—
Mar 25, 2026

Temporarily Off Market

CLAW #NDP2602832MR

—
Mar 25, 2026

Listed (Active)

CLAW #NDP2602832MR

$219,900,000—
DateEvent & SourcePrice
03/26/2026

Price Change

CLAW #NDP2602832MR

$2,199,000
03/26/2026

Listed (Active)

CLAW #NDP2602832MR

$219,900,000
03/26/2026

Listed (Active)

CRMLS #NDP2602832

$219,900,000
03/25/2026

Temporarily Off Market

CLAW #NDP2602832MR

—
03/25/2026

Listed (Active)

CLAW #NDP2602832MR

$219,900,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 321-331 Roanoke Road

This home is within Cajon Valley Union School District.
Rating
School
Type
Grades
Distance
Naranca Elementary School
Public - K to 6
Cajon Valley Middle School
Public - 6 to 8
El Cajon Valley High School
Public - 9 to 12
Empower Academy
Public - K to 8
Rating
School
Distance
Naranca Elementary School
PublicK to 6

Cajon Valley Middle School
Public6 to 8

El Cajon Valley High School
Public9 to 12

Empower Academy
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 321-331 Roanoke Road, El Cajon, CA 92020

321-331 Roanoke Road is a multi-family home for sale in El Cajon, CA 92020. This property was listed for sale on March 25, 2026 by eXp Realty of Southern CA, it's currently listed at $2,199,000. This listing's school districts are Cajon Valley Union School District, Grossmont Union High School District. Nearby schools include Naranca Elementary School, Cajon Valley Middle School and El Cajon Valley High School. 321-331 Roanoke Road is a 12-bed, 6-bath, 4,800 sqft multi-family home built in 1956.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty of Southern CA, Faris Katto, DRE #02282837

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