The Cambria Townhomes is an inviting 4,267 SF, 5-unit investment opportunity in the thriving San Diego county multifamily market. Built in 1973 and zoned R-3-18, the property offers both stability and potential for investors seeking a well-maintained asset in a desirable location. Four of the five units have been extensively remodeled, featuring quartz countertops in kitchens and baths, luxury vinyl plank flooring, dual pane vinyl windows, new patio fencing, and in unit laundry hookups. Additionally, the property underwent significant upgrades in December 2023, including a new roof and fascia on the building and a new roof on the carports. The remaining unit had a full renovation at an earlier point by current ownership with different finishes than the current update. All units feature air conditioning and private rear patios. To enhance operational efficiency and improve income, the current owners have implemented a RUBS program, helping recover costs associated with water, sewer, and trash expenses. This is a low maintenance property with rental income upside via regular allowable rent increases and without a new owner having to invest significant funds on top of the purchase price. With its modernized interiors, strategic updates, and income-generating potential, this well-positioned multifamily property offers a compelling investment opportunity in the vibrant San Diego real estate market.
Nestled in Escondido’s Midway neighborhood, the area offers a semi-urban residential vibe with palm-lined streets and sweeping mountain views and is strategically positioned within walking distance of Orange Glen Elementary, Hidden Valley Middle, and Orange Glen High Schools (all within about 0.5–0.8 miles). Residents enjoy easy access to I-15, with downtown Escondido, Valley Parkway shops, and key attractions like Kit?Carson Park and the Transit Center just minutes away.
The Cambria Townhomes is an artfully upgraded, well-located 5-unit multifamily property offering modern interiors and solid rental potential. With new finishes, strong tenant amenities, and nearby conveniences, it represents an appealing home base for tenants and a strong investment value for buyers in Escondido's evolving market.