Escondido Office Building For
230 W 2nd Ave Escondido, CA
For Sale
Contact for pricing
Upgraded office building with parking and potential for multi-tenant use.
Property Size14,560 SF
Lot Size0.79 Acres
Price / SF$233.52
Days on Market373
Property Features for 230 W 2nd Ave
General Information
Standard status
Active
Size
14,560 SF
Lot size
0.79 Acres
Property subtype
OFFICE
Properties For Sale
at 230 W 2nd Ave Contact us
Listing Agency:
Lee & Associates | North San Diego County
(760) 505-5301
Listed By:
Jeff Abramson · License #00956805
(760) 505-5301
Source:
Moodyscre
Added: Jul 22, 2025
Changed: Jul 6
Last Checked: Jul 21 at 8:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates | North San Diego County
Investment Insights
Based on property information with market context.
This office building, located in the Specific Plan Area (SPA 9), is elevator served and features eyebrow signage available along W 2nd Ave. It includes 40 dedicated on-site parking spaces, supplemented by abundant on-street parking. The HVAC system is equipped with HEPA filters and a UV Duct Air Purifier. The property offers convenient access to Hwy 78 and I-15. The building features LED lighting and a security system with cameras. The 14,560 square foot property has been upgraded with new dual plane glass and a new roof. The property can be divided for multi-tenant use.
Key Highlights
- Dedicated 40 on‑site parking spaces with abundant on street parking
- Easy access to Hwy 78 & I‑15
- Elevator served
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $419.3k | $28.80 |
| − Vacancy | −$65.8k | −$4.52 |
| EGI | $353.5k | $24.28 |
| − OpEx | −$88.4k | −$6.07 |
| NOI | $265.1k | $18.21 |
14,560 SF · lease $28.80/SF/yr · vacancy 15.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.79M
$3.31M – $4.42M
NOI $265,120 @ 7.0% cap · market cap 7.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.14M
$4.50M – $6.00M
NOI $359,783 @ 7.0% cap · market cap 10.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Upgraded office building with parking and potential for multi-tenant use.
Where is this office building located?
The property is located at 230 W 2nd Ave Escondido, CA.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: Dedicated 40 on‑site parking spaces with abundant on street parking; Easy access to Hwy 78 & I‑15; Elevator served
