$3,395,000 USD
831-578-0785
361 E Washington Ave
Escondido, CA 92025
Central Escondido
HIGHLIGHTS
- 16-unit gated multifamily with all studio units and on-site laundry for added income.
- Prime infill location in central Escondido with an 89 Walk Score and easy access to amenities.
- Secure carport parking and controlled access provide tenant appeal and competitive advantage.
- Close proximity to downtown Escondido, Cal State San Marcos, and Palomar College.
- Offered at $3,395,000 with a 5.13% cap rate and $174,040 NOI.
- Efficient unit mix targets workforce renters and simplifies management.
FOR SALE DETAILS
PRICE
$3,395,000 USD
PRICE/SF
$530 USD /SF
# OF UNITS
16
PRICE/UNIT
$212,188
CAP RATE
5.13%
% LEASED
94%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1974
PARKING SPACES
18
LAND DETAILS
LAND ACRES
0.38 AC
LAND SF
16,553 SF
ZONING
R4, Escondido
APN/PARCEL ID
229-310-76
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
831-578-0785
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
831-578-0785
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
