664 N Fig St
- Ideal Unit Mix- (14) 3bed/2bath units & (1) 2bed/2bath unit
- Fully Entitled w/ approved plans
- High Rental Demand Area
- Great Location in Escondido
Property Description
Prime Multi-Family Development Opportunity in the Heart of Escondido, CA. Entitled 15-Unit Multi-Family Project | Zoned R-3-18 | High-Demand Rental Market. (Potential for Density Bonus & Incentives – Verify with City of Escondido)This 15-unit multi-family project is fully entitled and located just two blocks from premier shopping, dining, and major transportation corridors, offering developers a highly desirable location with strong rental demand. 15 Spacious Residential Units, (14) Three-Bedroom, Two-Bathroom Units and (1) Two-Bedroom, 2.5-Bathroom Unit. Average Unit Size: 1,365 Sq. Ft, Total Net Rentable Area: 20,482 Sq. Ft. Entitlements & Development Progress: Over $350,000 invested in soft costs, entitlements, and permit fees, Class D wood-frame construction over a concrete first floor and approved for 3 stories with a maximum height of 35 feet. Nestled in North San Diego County, Escondido, California, is a thriving and dynamic community known for its affordable housing, vibrant arts scene, and outstanding quality of life.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $1,050,000 |
| No. of Units: | 1 |
| Year Built: | 1955 |
| Lot Size: | 0.62 Acres |
| Opportunity Zone: | No |
| Price per unit: | $1,050,000 |
| Property Website | Click Here |
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