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.
- Country:
- US
- State:
- CA
- County:
- SD
- City:
- El Cajon
- Zipcode:
- 92021
- Street:
- Orlando St
- Street Number:
- 340
- Longitude:
- W117° 3' 34.8''
- Latitude:
- N32° 47' 52.9''
- Mls Area Major:
- East County
- Office Name:
- Newmark of Southern California
- Agent Name:
- Erik M Anderson
- Building Size:
- 13162
- Community Features:
- None
- Number Of Units Total:
- 20
- On Market Date:
- 2026-07-01
- Stories:
- 2
- List Agent Mls Id:
- 674546
- List Office Mls Id:
- 993314
- Mls Status:
- ACTIVE
- Modification Timestamp:
- 2026-07-24T22:41:22Z
- Originating System Name:
- SDMLS
- Special Listing Conditions:
- N/K
Residential Income
340 Orlando St, El Cajon, CA 92021
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- 260018202
- Price :
- $4,700,000
- Bedrooms :
- 22
- Bathrooms :
- 20
- Square Footage :
- 13,162
- Status :
- Active
- Full Bathrooms :
- 20
- Property Sub Type :
- Com-Res Income