1718 Crofton Ln - Apartments FOR SALE


Escondido, CA 92027- Midway
$1,595,000 USD
949-547-8088
1718 Crofton Ln, Escondido, CA for Sale
$1,595,000 USD
Apartments - FOR SALE
1/23
null | 4.8% Cap Rate

1718 Crofton Ln
Escondido, CA 92027
Midway


OVERVIEW

Updated fourplex for sale in Escondido featuring four spacious 2-bedroom, 2-bath units, each approximately 900 square feet. The property has undergone recent renovations, including luxury vinyl plank flooring and new windows, offering a modern, low-maintenance living environment for tenants. Ownership has also replaced all grass with astroturf, significantly reducing utility and landscaping costs—an attractive benefit for investors seeking stronger cash flow. Situated on a large corner lot, the property provides generous shared outdoor space for tenants. Additional amenities include reserved carport parking, ample street parking, and on-site coin-operated laundry facilities. Unit 1724 is currently vacant by design, presenting an excellent opportunity for an owner-occupant or to lease at market rent and maximize income potential.

FOR SALE DETAILS

PRICE

$1,595,000 USD

PRICE/SF

$445 USD /SF

# OF UNITS

4

PRICE/UNIT

$398,750

CAP RATE

4.8%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Crofton Lane

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,498 SF

ZONING

R-3-18

APN/PARCEL ID

231-311-17

ASK ABOUT THIS PROPERTY

Kyle CarruthersKC West Real EstateMore Info
949-547-8088

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Kyle CarruthersKC West Real EstateMore Info
949-547-8088

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.