3-Unit Multifamily
For Sale
$799,000
Pending
9704 Del Dios Road, Escondido, CA 92029
Three residences include a detached duplex and a standalone home, with tenants on month-to-month leases.
Property Size1,711 SF
Days on Market81
Property Features for 9704 Del Dios Road
General Information
Standard status
Pending
Size
1,711 SF
Total Parking Spaces
8
Property subtype
Residential Income
Zoning
R-1:SINGLE FAM-RES
Occupancy
100%
Net Operating Income
$50,100
Units
Unit Mix
1 x 900 sf 1BR/1BA, 2 x 1BR/1BA
Multifamily Units
3
Individually Metered Utilities
electricity
Additional Details
Gross Income
$55,200
Utilities to Site
Yes
Tenant in Place
Yes
Building Details
Year Built
1944
Buildings
2
Units
3
Listing Agency:
Camden Investment Strategies
Listed By:
Erik Trogden · License #01849204
(760) 583-5179
Source:
Compass
Added: Aug 12
Changed: Oct 27
Last Checked: Oct 30 at 5:26PM
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 Camden Investment Strategies
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This three-unit multifamily property comprises a standalone 900-square-foot, one-bedroom, one-bathroom house and a separate duplex with two additional one-bedroom, one-bathroom units. The buildings were constructed in 1944, and the property totals 1,711 square feet. Occupancy is full, with all three units on month-to-month agreements.
The property is at 9704 Del Dios Road in Escondido, near Lake Hodges. It has three electric meters and one water meter, with no gas or propane service. Zoning is R-1:SINGLE FAM-RES.
The property is at 9704 Del Dios Road in Escondido, near Lake Hodges. It has three electric meters and one water meter, with no gas or propane service. Zoning is R-1:SINGLE FAM-RES.
Key Highlights
- Three one‑bedroom, one‑bathroom units across a standalone house and detached duplex
- Standalone house measures 900 square feet
- Total property size is 1,711 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,279
Cap Rate
3.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$565,580
$565.6K
Cap Rate 7%
$403,986
$404.0K
Cap Rate 9%
$314,211
$314.2K
Market Conditions
NOI Build-Up for 1,711 SF
Gross rent
$54.4K $31.80/SF
− Vacancy
−$3.0K −$1.75/SF
EGI
$51.4K $30.05/SF
− OpEx
−$23.1K −$13.52/SF
NOI
$28.3K $16.53/SF
Area
Escondido, CA
Vacancy
5.50%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$565,580
Cap Rate 7%
$403,986
Cap Rate 9%
$314,211
Alternative Uses
Best Use
Apartment 5plus
$404.0K
$353.5K – $471.3K
NOI $28,279 @ 7.0% cap · market cap 3.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$604.0K
$528.5K – $704.7K
NOI $42,279 @ 7.0% cap · market cap 5.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
3
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
171
Businesses Nearby
Explore this area
Business Placement
Demographics for 92029, CA
21,236
Population
7,976
Households
2.7
Avg Household Size
44
Median Age
47%
College-Educated
91%
High-School Grad
22.6 sq mi
ZIP Area
940
Density / Sq Mi
$120,038
Median Household Income
$60,558
Median Earnings
$2,232
Median Rent
$911,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - Three residences include a detached duplex and a standalone home, with tenants on month-to-month leases.
Where is this multifamily property located?
The property is located at 9704 Del Dios Road Escondido, CA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Three one‑bedroom, one‑bathroom units across a standalone house and detached duplex; Standalone house measures 900 square feet; Total property size is 1,711 square feet
