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Back$1,495,0000 bd0 ba0 sqft

$1,495,000For sale

195 N 2nd Street

El Cajon, CA 92021 · MLS# 26844873

Listing courtesy of Maher Commercial Realty
  • 0Beds
  • 0Baths
  • 0Sq Ft
  • 1973Year Built

About This Home

SELLER FINANCING AVAILABLE. We are proud to present a turnkey, flex car wash and detailing business at 195 N 2nd St in El Cajon, California. The current tenant is paying $2,000/month. This operational business and real estate offering provides a stable leased income stream with significant embedded upside through active management and service expansion. The property features a 640 SF service building on a large 19,780 SF (0.45-acre) commercially zoned lot, anchored by a long-term lease with CPI increases. Currently processing ~2,000 cars per month, the business benefits from recent electrical upgrades and offers a clear path to grow revenue by extending hours, optimizing pricing, and expanding the high-margin detailing service, making it ideal for both a passive investor or a hands-on operator. This is a versatile essential-service investment that caters to both passive and active investment theses. 195 N 2nd St provides a secure, low-management entry point with a growing base rent, while also offering a clear and immediate roadmap for an operator to dramatically increase cash flow through hands-on optimization, making it a uniquely attractive asset in the San Diego market.195 N 2nd St represents a strategic opportunity with built-in flexibility. The combination of a secure underlying lease, a large functional lot, recent capital improvements, and clear operational upside creates a compelling value proposition. Whether as a passive real estate holding or an active business acquisition, this property offers a solid foundation with multiple pathways to increased returns, making it an ideal investment for a wide range of buyers in the stable El Cajon market.

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Property at a Glance: 195 N 2nd Street

This business opportunity property at 195 N 2nd Street, El Cajon, CA 92021 is for sale at $1,495,000. The home has 0 bedrooms, 0 bathrooms and 0 square feet of living space. It was built in 1973 and sits on a lot of 0.45 acres. Reach out to set up a showing or ask for more details about this home.

Snapshot

Status
For sale
Price
$1,495,000
Bedrooms
0
Bathrooms
0
Property Type
Business Opportunity
Year Built
1973
Square Feet
0
Lot Size
0.45 acres
Days on Market
119
MLS #
26844873
County
San Diego

Need a quick answer before the details?

Call now about 195 N 2nd Street and ask about showings, availability, or offer timing.

Call 858-518-2875

Property Details

Building
Property Type: Business Opportunity
Year Built: 1973
Land
Lot Size: 0.45 acres
Lot Features: Corner Lot
Money
County: San Diego
HOA: Not provided
HOA Fee: $0 (frequency not provided)

Living in El Cajon, CA

195 N 2nd Street is in El Cajon, CA, in San Diego County. Ask Brad & Karen Mattonen about other homes for sale in El Cajon and what nearby homes have sold for.

Location

195 N 2nd Street, El Cajon, CA 92021 Open in Google Maps

Mortgage Calculator

Estimated Monthly Payment$7,560
$1,196,000Loan Amount
$299,000Down Payment
$1,525,432Total Interest

Principal and interest only. Taxes, insurance and HOA dues are extra.

Brad & Karen Mattonen Can Answer Your Questions About This Home

Why Work With Brad & Karen Mattonen?

Buying a home in El Cajon, CA goes better with a local agent on your side. Brad & Karen Mattonen can set up private showings, pull the latest numbers for the area, and guide you through the offer and the closing. Call 858-518-2875 to get started. Whether 195 N 2nd Street is the one or you would like to see other homes nearby, reach out any time.

Local facts

Facts and context beyond the MLS description

What the numbers say about 195 N 2nd Street and the El Cajon area around it.

Current market context

How this home compares in El Cajon

  • $597Median per sq ft
  • 67Homes for sale like it
  • 2Average days on market

Nearby sold homes

Recent sold homes near this property

Homes that sold within 1.25 miles of 195 N 2nd Street in the last 6 months, at a median price of $717,740.

AddressSoldHomeSold priceDistance
115 S IvoryJul 23, 20263 bd · 2 ba · 1,014 sqft$820,0000.2 mi
1310 Cantada CourtJul 9, 20263 bd · 3 ba · 1,491 sqft$630,4910.2 mi
1322 Cantada CourtMay 28, 20264 bd · 4 ba · 1,782 sqft$717,9900.2 mi
1318 Cantada CourtMay 26, 20264 bd · 4 ba · 1,782 sqft$717,4900.2 mi
185 S IvoryJun 18, 20263 bd · 2 ba · 1,014 sqft$600,0000.2 mi
1351 E MADISON AVEJun 22, 2026$1,530,0000.3 mi
137 Ruth CourtJul 2, 20263 bd · 2 ba · 1,232 sqft$725,0000.3 mi
137 Ruth CourtJun 8, 20263 bd · 1 ba · 1,032 sqft$550,0000.3 mi

Every home is different. Ask for a full price review before you make an offer.

Listing timeline

Price and status history

DateEventPrice
Oct 5, 2026Active$1,495,000

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