11 Units in Escondido
- Strong San Diego Location | 3 Minute Walk to Downtown Escondido
- 10 Units + Non-Conforming Studio ADU
- Recently Renovated Units
- Offered at $336,273 Per Unit (based on 10+1 Units)
- 5.31% Current CAP Rate | 6.63% Pro Forma CAP Rate
- 90 Walk Score – Just 0.4–0.6 Miles from Downtown Escondido
- $103,000 Average Household Income | 65% Renter Occupied Housing
- Homeownership Costs Are More Than Double Apartment Rents
- No Local Rent Control
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Highest & best offer |
| Property Types: | Apartment Buildings |
| Price: | $3,649,000 |
| No. of Units: | 11 |
| Cap Rate: | 5.31% |
| GRM /GIM: | 12.88 |
| Average Occupancy: | 100 |
| Year Built: | 1988 |
| Year Renovated: | 2025 |
| Building Size: | 8,700 Sq ft |
| Lot Size: | 14,747.00 Acres |
| No. of Stories: | 2 |
| APN: | 157-341-11 |
| Zoning Code: | RM |
| Opportunity Zone: | No |
| Price per unit: | $331,727 |
| Parking Spaces: | 31 |
Additional contacts
| Full name | Phone number | Email address |
|---|---|---|
| Pat Swanson | 2138642862 | [email protected] |
| Angel Bautista | 3235593773 | [email protected] |
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