Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    120-22 Trellis Ln Escondido, CA 92056

    Sponsored
    For Sale
    $1,998,000

    MULTI_FAMILY - Escondido, CA

    Property size:
    6,200 SF
    Lot size:
    0.43 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 2 at 2:06 am

    Property Features for 120-22 Trellis Ln

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 2, Bedroom 1, Bedroom 8, Bedroom 7, Bathroom 8, Bedroom 13, Bathroom 6, Bathroom 4, Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 5, Bedroom 6, Bedroom 12, Bedroom 11, Bedroom 2, Bedroom 10, Bedroom 9, Bathroom 7, Bedroom 5, Bedroom 14, Bathroom 3
    Bedrooms
    14
    Bathrooms
    8
    APN
    227-191-16-00
    Parking
    12
    Parking features
    Carport
    Size
    6,200 SF
    Lot size
    0.43 Acres

    Building Details

    Floors in Building
    1
    Number of units
    6

    We can help!

    Listing Contact
    Tiffany Hoffman

    eXp Realty of California Inc. (888) 584-9427 x119

    Listing agent Tiffany Hoffman (888) 584-9427 License #01976932

    Listing date Mar 1, 2026

    MLS# 260004773 Listing URL

    Copyright © 2026 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Escondido Multifamily Property For Sale

    The property at 120-122 Trellis Lane in Escondido, CA, is a 6-unit multifamily property situated in a desirable neighborhood near Escondido High School. The asset comprises two 3-unit buildings, totaling approximately 6,200 square feet, on a 18,557 square foot lot. It features a unit mix of four 2-bedroom/1-bath units and two oversized 3-bedroom/2-bath units. The property supports strong in-place rents and long-term tenant stability due to larger-than-average floor plans. Each building includes three carports, providing ample on-site parking and potential ADU conversion opportunities (buyer to verify). One unit has been fully renovated, enhancing rental appeal. This property presents a compelling value-add opportunity in North County, with solid current income, upside potential, and a flexible lot configuration.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Escondido
    County
    San Diego
    State
    California
    Longitude
    -117.089802
    Latitude
    33.145546

    Nearby Similar for Sale

    • $850,000

      Escondido Commercial Building For Sale

      Two-unit commercial building in Escondido with parking.
      651-53 Valley Blvd E, Escondido, CA 92025
      View Details
    • $1,500,000
      2,400 SF

      Escondido Commercial Asset For Sale

      Commercial building in Escondido with redevelopment potential.
      1025-29 E Valley Pkwy, Escondido, CA 92025
      View Details
    • Contact for pricing

      Escondido Office Space For Lease

      Spacious, updated Escondido office space with five private offices.
      301 Enterprise St, Escondido, CA 92029
      View Details
    • $895,000
      Pending

      Escondido Commercial Building For Sale

      3069 SF commercial building with 20+ parking spaces.
      431 N Hale Ave, Escondido, CA 92029
      View Details
    • $2,975,000
      3,732 SF

      60+ Acre Avocado Farm Estate

      Income-producing Escondido estate with avocado grove and residential flexibility.
      3135 E Valley Pkwy, Escondido, CA 92027
      View Details
    • $849,900

      Escondido Commercial Building Opportunity Zone

      Versatile commercial property in a high-traffic Escondido location.
      239 W Washington Ave, Escondido, CA 92025
      View Details
    • $850,000

      Commercial Building in Escondido

      Two-unit commercial building with parking in Escondido, California.
      651 Valley Blvd E, Escondido, CA 92025
      View Details
    • $929,000

      Escondido Professional/Medical Buildings For Sale

      Two buildings on 0.34 acres, suitable for medical/professional use.
      1027 E Grand Ave, Escondido, CA 92025
      View Details
    • $1,900,000
      2,789 SF

      Downtown Escondido Office Building

      Office building in Downtown Escondido with high visibility.
      136-140 West 3Rd Ave, Escondido, CA 92025
      View Details
    • Contact for pricing
      6,500 SF

      Retail Space Available For Sale

      Retail property with 6,500 SF available in Escondido, CA.
      228 E Grand Ave, Escondido, CA 92025
      View Details
    • $2,350,000
      6,130 SF

      Escondido Medical/Office Building For Sale

      Rare Escondido asset with leased dental offices and vacant space.
      726 E Grand Ave, Escondido, CA 92025
      View Details
    • Contact for pricing
      7,000 SF

      Retail Parcels Available for Sale

      Retail parcels available for sale or lease in Escondido.
      224 E Grand Ave, Escondido, CA 92025
      View Details

    FAQs

    What type of property is this?
    Apartment building - 6-unit multifamily property in Escondido with value-add potential.
    Where is this apartment building located?
    The property is located at 120-22 Trellis Ln Escondido, CA.
    What is the asking price?
    The asking price for this property is $1,998,000.
    What are key features of this property?
    This property features: - Desirable Escondido location near Escondido High School; - Strong unit mix: **four 2-bedroom/1-bath and two oversized 3-bedroom/2-bath units**; - Large 18,557 SF lot with potential ADU conversion opportunities (buyer to verify)
    (619) 540-1112
    Request Owner's contact information
    120-22 Trellis Ln Escondido, CA 92056
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    120-22 Trellis Ln
    Escondido, CA 92056
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    120-22 Trellis Ln Escondido, CA 92056
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Tiffany Hoffman
    Real Estate License ID: 01976932
    (619) 540-1112 (888) 584-9427
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!