Quadplex With Private
New
For Sale
$1,800,000
501 N Fig St, Escondido, CA 92025
Four-unit property with in-unit laundry, private outdoor space, and a mix of two-bedroom layouts.
Property Size5,451 SF
Days on Market2
Property Features for 501 N Fig St
General Information
Standard status
Active
Size
5,451 SF
Total Parking Spaces
12
Property subtype
Investment
Units
Unit Mix
2 x 2BR+Den/2BA, 2 x 2BR/2BA
Multifamily Units
4
Amenities
fireplace
washer/dryers
vaulted ceilings
patio or balcony
tile roofs
designer windows
stamped concrete driveway
Building Details
Building Size
5,451 SF
Year Built
1992
Units
4
Listing Agency:
Dp Properties
Listed By:
Dave Plutner · License #01273425
(858) 964-8087
Source:
Elliman
Added: Sep 15
Last Checked: Sep 15 at 2:35PM
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 Dp Properties
Investment Insights
Based on property information with market context.
This four-unit multifamily property in Escondido, California, was built in 1992 and offers a varied two-bedroom configuration. Two apartments include a den and two bathrooms, while the other two provide two bedrooms and two bathrooms. Every residence features a fireplace, an in-unit washer and dryer, and either a patio or balcony. Upper-level apartments add vaulted ceilings.
The property includes tile roofs, designer windows, and a stamped concrete driveway. Parking consists of 4 single car garages and 8 uncovered parking spaces. Located at 501 N Fig St, the property has a Walk Score of 71, a Bike Score of 66, and a Transit Score of 37.
The property includes tile roofs, designer windows, and a stamped concrete driveway. Parking consists of 4 single car garages and 8 uncovered parking spaces. Located at 501 N Fig St, the property has a Walk Score of 71, a Bike Score of 66, and a Transit Score of 37.
Key Highlights
- Four‑unit multifamily property built in 1992
- Unit mix includes 2 two‑bedroom plus den / two‑bath units and 2 two‑bedroom / two‑bath units
- Fireplace and washer / dryer included in every unit
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$97,646
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.42%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,952,920
$2.0M
Cap Rate 7%
$1,394,943
$1.4M
Cap Rate 9%
$1,084,956
$1.1M
Market Conditions
NOI Build-Up for 5,451 SF
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.
Gross rent
$147.2K $27.00/SF
− Vacancy
−$7.7K −$1.41/SF
EGI
$139.5K $25.59/SF
− OpEx
−$41.8K −$7.68/SF
NOI
$97.6K $17.91/SF
Area
Escondido, CA
Vacancy
5.22%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,952,920
Cap Rate 7%
$1,394,943
Cap Rate 9%
$1,084,956
Alternative Uses
Best Use
Multifamily LT 5
$1.39M
$1.22M – $1.63M
NOI $97,646 @ 7.0% cap · market cap 5.42%
Second Best
Apartment 5plus
$1.29M
$1.13M – $1.50M
NOI $90,094 @ 7.0% cap · market cap 5.01%
Theoretical Best
Office A
$1.92M
$1.68M – $2.24M
NOI $134,696 @ 7.0% cap · market cap 7.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
3,176
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit property with in-unit laundry, private outdoor space, and a mix of two-bedroom layouts.
Where is this quadplex located?
The property is located at 501 N Fig St Escondido, CA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Four‑unit multifamily property built in 1992; Unit mix includes 2 two‑bedroom plus den / two‑bath units and 2 two‑bedroom / two‑bath units; Fireplace and washer / dryer included in every unit
