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Office Warehouse

504-514 S. Magnolia Ave

504-514 S Magnolia Ave, El Cajon, CA 92020

Listing Price: $2,200,000

Cap Rate
5.12%
Lot Size
0.39 acres
Year Built
1958
Rentable SF
5,520

Investment Overview

504–514 S Magnolia Ave presents a flexible investment or
owner-user opportunity in the heart of East County. This
±5,520 SF medical office building is currently 67% leased
to three tenants, leaving ample room for an investor to
stabilize the remaining vacancy or for an owner-user
to occupy 51% of the space and take advantage of SBA
financing.
Positioned on a ±0.39-acre lot within a designated
Opportunity Zone, the property offers meaningful upside
through lease-up, rent growth, or future redevelopment.
With a healthy mix of in-place income and remaining
vacancy, it delivers an ideal balance of immediate cash
flow and long-term value creation.

Investment Highlights

  • SBA Loan Eligible: Occupy 51% and Collect Income from Remaining Tenants • Great Value-Add Play with Existing Tenancy and Lease-Up Potential
  • Located in Oportunity Zone for Long-Term Investors • Attractive East County Submarket with Strong Demand for Medical/Professional Uses
  • Ideal for Medical, Dental, Wellness or General Office Conversion.

Exclusively Listed By

  • Ben Tashakorian

    Executive Managing Director Investments

    (858) 373-3176

    Email Ben

    License(s): CA: 01333884, NV: S.0198624

    San Diego

  • Ali Valiahdi

    Associate Director Investments

    (858) 373-3288

    Email Ali

    License(s): CA: 01980677

    San Diego

Financing By

Office Warehouse

504-514 S. Magnolia Ave

Listing Price: $2,200,000

Cap Rate
5.12%
Lot Size
0.39 acres
Year Built
1958
Rentable SF
5,520

Investment Highlights

  • SBA Loan Eligible: Occupy 51% and Collect Income from Remaining Tenants • Great Value-Add Play with Existing Tenancy and Lease-Up Potential
  • Located in Oportunity Zone for Long-Term Investors • Attractive East County Submarket with Strong Demand for Medical/Professional Uses
  • Ideal for Medical, Dental, Wellness or General Office Conversion.

Investment Overview

504–514 S Magnolia Ave presents a flexible investment or owner-user opportunity in the heart of East County. This ±5,520 SF medical office building is currently 67% leased to three tenants, leaving ample room for an investor to stabilize the remaining vacancy or for an owner-user to occupy 51% of the space and take advantage of SBA financing. Positioned on a ±0.39-acre lot within a designated Opportunity Zone, the property offers meaningful upside through lease-up, rent growth, or future redevelopment. With a healthy mix of in-place income and remaining vacancy, it delivers an ideal balance of immediate cash flow and long-term value creation.

Exclusively Listed By

  • Ben Tashakorian

    Executive Managing Director Investments

    (858) 373-3176

    Email Ben

    License(s): CA: 01333884, NV: S.0198624

    San Diego

  • Ali Valiahdi

    Associate Director Investments

    (858) 373-3288

    Email Ali

    License(s): CA: 01980677

    San Diego

Financing By

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