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    664 N Fig St Escondido, CA 92025

    For Sale
    $1,350,000

    Land/Lot - Escondido, CA

    Lot size:
    27,007.00 Acres
    Days on Market:
    305
    Last Refresh:
    Dec 10 at 6:06 pm

    Property Features for 664 N Fig St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-3 Restricted Multiple
    APN
    2300415300
    Exterior features
    Community Features Included: Curbs, Suburban
    Lot size
    27,007.00 Acres

    Building Details

    Architectural style
    Other

    Coldwell Banker West (619) 737-2126 [email protected]

    Listing agent Jeff Kane (619) 737-2126 License #01915649

    Listing date Feb 9, 2025

    MLS# NDP2501314 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Escondido Multi-Family Development Opportunity

    This is a multi-family development opportunity located in Escondido, California. The fully entitled project is zoned R-3-18 and approved for 15 units. The location is just two blocks from shopping, dining, and major transportation corridors. The project includes (14) three-bedroom, two-bathroom units and (1) two-bedroom, 2.5-bathroom unit. The average unit size is 1,365 square feet, with a total net rentable area of 20,482 square feet. The property is approved for 3 stories with a maximum height of 35 feet. Over $350,000 has been invested in soft costs, entitlements, and permit fees. The construction is planned as Class D wood-frame over a concrete first floor. Escondido is known for its affordable housing and vibrant arts scene. Situated along the I-15 corridor, it provides access to downtown San Diego and Southern California recreational destinations. The rental market in Escondido is strong, driven by families, professionals, and retirees seeking larger, affordable housing. The city is undergoing revitalization efforts, including improvements to its historic downtown district and investment in mixed-use developments.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Escondido
    County
    San Diego
    State
    California
    Longitude
    -117.075963
    Latitude
    33.131302

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    FAQs

    What type of property is this?
    Land - Entitled 15-unit multi-family project in a high-demand rental market.
    Where is this land located?
    The property is located at 664 N Fig St Escondido, CA.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: - Fully Entitled 15-Unit Multi-Family Project in a High-Demand Rental Market; - Prime Location: Just two blocks from shopping, dining, and transportation; - Spacious Units: Featuring a mix of three-bedroom and two-bedroom units averaging 1,365 Sq. Ft.
    (619) 737-2126
    Request Owner's contact information
    664 N Fig St Escondido, CA 92025
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    Escondido, CA 92025
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    Realmo Value Estimation

    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

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    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.

    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
    664 N Fig St Escondido, CA 92025
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