6050 El Cajon

6050 El Cajon will be a newly constructed mixed-use development comprised of a four-story building with approximately 3,000 square feet of ground floor retail along El Cajon Boulevard, and 68 for-sale residential units above totaling 68,872 residential square feet. Parking for the project will consist of 103 spaces of subterranean parking and 30 spaces of street level parking.

The project is located at the northwest corner of College Avenue and El Cajon Boulevard, at the border of the College and El Cerrito Neighborhoods of San Diego and within the Crossroads Redevelopment Project Area. The property is located approximately 10 miles northeast of downtown San Diego and one mile south of San Diego State University, the largest college campus in San Diego County with a population of approximately 33,000 students.

71,872 net salable sq ft on 0.94 acres

All of the condominium units will be priced to be affordable to households earning less than 200% of the area median income. The Project will be a catalyst for redevelopment efforts along El Cajon Boulevard, a major commercial corridor which has been targeted by the City of San Diego for redevelopment.

AMCAL has been developing quality housing throughout California since 1978. The firm is focused on developing high-quality, urban multi-family housing that provides architecturally attractive, meticulously constructed and environmentally smart opportunities for affordable family living in both for-sale and rental properties.

$25,000,000

• The San Diego Smart Growth Fund is managed by Phoenix Realty Group LLC, a national real estate investment firm providing capital and expertise to urban developers for the creation of middle market for-sale housing, urban smart growth development, low-income tax credit housing and community revitalization projects.
• AMCAL
• Hamni Bank