This 1988 constructed investment is just a three-minute walk from Downtown Escondido and consists of (10) 2 Bedroom Units, plus a non-conforming studio ADU. All units have been recently renovated, providing a low-maintenance investment with immediate cash flow. The property offers a 5.31% current cap rate with upside to a 6.63% pro forma cap rate. Situated in a highly walkable location with a 90 Walk Score, the property is just 0.4 to 0.6 miles from Downtown Escondido's restaurants, retail, and entertainment. The surrounding area boasts an average household income of approximately $103,000, with 65% renter occupancy, while homeownership costs are approximately double the average apartment rent, supporting strong long-term rental demand. Additionally, the property is not subject to local rent control, providing greater operational flexibility for future ownership.