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740 Escondido Blvd Escondido, CA 92025

Sponsored
For Sale
$1,650,000

Prime Escondido location, multi-unit income potential.

Description

Added:
Feb 3, 2025
Days on Market:
339
This exceptional mixed-use property, constructed in 1953, presents a rare investment opportunity in the desirable Escondido, CA market. Situated on a sizable 0.33-acre lot (14,206 sq ft), this 6,692 sq ft property comprises three distinct structures. The property's configuration includes five well-maintained apartment units, providing a steady stream of rental income. In addition to the residential component, two retail spaces offer further revenue generation potential. The property's layout is enhanced by ample parking, including two two-car garages and one one-car garage, along with substantial off-street parking. Convenience is further amplified by the inclusion of a Ratio Utility Billing System (RUBS), streamlining utility management and contributing to the property's overall profitability. A savvy investor can readily increase income streams by leveraging the existing infrastructure to rent out the garages and potentially install laundry facilities. This turnkey investment offers immediate returns and significant upside potential for a discerning buyer seeking a diversified income-producing asset in a thriving California community. The property's established tenant base and existing income streams make it an attractive proposition for both seasoned investors and those new to the commercial real estate market.

Property Features for 740 Escondido Blvd

General Information

Property type
Mixed-use properties
Lot Size
14,375 SF

Location Intelligence

Current Use by Public Records

Psychic Maria Todd Psychic Divas Hair Studio ... Beauty Salon

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
-117.0798
Latitude
33.11451

FAQs

What type of property is this?
Mixed-use property - Prime Escondido location, multi-unit income potential.
Where is this mixed-use property located?
The property is located at 740 Escondido Blvd Escondido, CA.
What is the asking price?
The asking price for this property is $1,650,000.
More about this property
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