Walker & Dunlop is pleased to present Valle at Park, a 119-unit value-add opportunity in the rapidly growing city of Escondido, California. Built in 1974, this low-density, garden-style community offers investors the chance to fully modernize and reposition the asset, capitalizing on some of Southern California’s strongest market fundamentals. Significant upside remains, with 82% of the property left to renovate—where both on-site renovated units and comparable properties are achieving rent premiums of $409 over current in-place rents.
Ideally located near I-15 and CA-78, Valle at Park offers seamless access to major employment hubs including Rancho Bernardo, San Marcos, Vista, and Carlsbad. Escondido has seen only one market rate multifamily delivery of 75+ units in the past 20 years, with no projects currently under construction. The market is supported by a robust employment base of over 77,000 workers and 5,200 new jobs added—driven by growth in healthcare, logistics, and professional services. With strong
demand drivers, proven renovation upside, and minimal supply pressure, Valle at Park presents a rare opportunity to invest in one of North County San Diego’s most dynamic submarkets.