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Escondido Multifamily Development Opportunity
For Sale
$1,795,000

2690 South Escondido Boulevard Unit 23815216, Escondido, CA 92025

19,559 SF development parcel with city-approved multifamily plans.

Property SizeContact for details
Lot Size0.45 Acres
Days on Market161

Property Features for 2690 South Escondido Boulevard Unit 23815216

General Information

Standard status Active
Lot size 0.45 Acres
Property subtype Land

Amenities

https://www.propertypanorama.com/instaview/snd/260006217
No
Partial
Listing Agency: South Coast Commercial, Inc.
Listed By: Brendan Flynn · License #01933302
Source: Compass
Added: Mar 15 Changed: Aug 8 Last Checked: Jul 16 at 6:38AM

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 South Coast Commercial, Inc.

Investment Insights

Based on property information with market context.

The property at 2690 S. Escondido Boulevard is a 19,559 square-foot development parcel suitable for multifamily apartment development. It is located along a prominent South Escondido corridor and offers visibility from S. Escondido Boulevard. Access is available via a secondary frontage street, providing a buffer from the main roadway and allowing for convenient entry and potential additional parking. The site is surrounded by established residential neighborhoods along with nearby retail, dining, and community services. Its proximity to Centre City Parkway and Interstate 15 provides convenient regional access throughout North County San Diego, while maintaining close connectivity to Downtown Escondido and surrounding amenities. City-approved plans for a 15-unit multifamily apartment development are included. Based on preliminary discussions, there may be potential to increase the unit count to approximately 17-19 units through design adjustments during development, subject to city review and approval. The parcel may qualify for density bonus provisions, which could allow for increased residential density depending on the inclusion of qualifying affordable housing components. Preliminary guidance suggests the base density may be rounded to approximately 16 units, with the potential for up to approximately 24 total units under standard density bonus provisions, subject to applicable development standards and city approval.

Key Highlights

  • City‑approved plans for a 15‑unit multifamily apartment development are included.
  • Potential to increase unit count to approximately 17‑19 units through design adjustments, subject to city approval.
  • Parcel may qualify for density bonus provisions, potentially allowing up to approximately 24 total units, subject to city approval.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Dental Office Hair Salon Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

267
Businesses Nearby

Demographics for 92025, CA

51,586
Population
17,376
Households
3
Avg Household Size
35
Median Age
28%
College-Educated
78%
High-School Grad
22.4 sq mi
ZIP Area
2,303
Density / Sq Mi
$71,716
Median Household Income
$41,218
Median Earnings
$1,823
Median Rent
$767,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 19,559 SF development parcel with city-approved multifamily plans.
Where is this residential land & home lot located?
The property is located at 2690 South Escondido Boulevard Unit 23815216 Escondido, CA.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: City‑approved plans for a 15‑unit multifamily apartment development are included.; Potential to increase unit count to approximately 17‑19 units through design adjustments, subject to city approval.; Parcel may qualify for density bonus provisions, potentially allowing up to approximately 24 total units, subject to city approval.
More about this property
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