Escondido CA Real Estate & Commercial for Sale

7-UNIT prime investment opportunity in the heart of Escondido, a vibrant city known for its rich history, cultural attractions, and scenic surroundings. This 7-unit multi-family property presents an excellent chance for astute investors seeking both stability and growth in their portfolio. Nestled in a desirable neighborhood, this well-maintained multi-family property boasts units that are strategically positioned to optimize privacy while offering residents easy access to local amenities. The property is enhanced by parking for each unit, communal green space, convenient on-site laundry facilities, and limited storage availability. These features contribute to the overall appeal of the property, ensuring tenant satisfaction and retention. The property's strong financial performance and potential for further growth make it a compelling investment option in the Escondido real estate market. Don't miss the chance to add this exceptional 7-unit multi-family property to your investment portfolio. Whether you're a seasoned investor or exploring new opportunities, this property represents a solid foundation for long-term success in the dynamic Escondido real estate market.

This is an exceptional opportunity for those interested in owner user, investment, or development. The property is situated in the heart of downtown Escondido, within the opportunity zone. It offers a retail/flex/office space with a highly visible storefront, featuring a frontage that expands to 64' on W. Washington Ave. New roof with warranty. The front footage can be split into two retail stores. Separate access to upstairs units. Two back door accesses on the first floor. The location is known for its walkability, excellent location rated at 89 with walking score of 93, and transit score of 51. Easy, quick and convenient access to both Hwy 78 and 15. The building has been an owner user property and has great potential.

This fully leased retail/office building comes with 2 lots (2 APN #'s) Both Lots total .67 acres. The first has 11 units of retail/office space and the second is a paved parking lot. Parcel APN 236-313-0100 is located within the South Centre City Specific Planning Area (SPA 15), Escondido Boulevard District with a mixed-use overall (see link for redevelopment potential). The adjacent parking lot is located within an General Commercial Zone. See the attached the land-use matrix for residential uses within the mixed-use overlay zone. The link to the South Centre City Specific Plan document that includes development standards. This property has great potential for redevelopment.