Property profile

651 Pennsylvania Ave Escondido, CA 92025

OFF-MARKET
Office Spaces
1,124 SF Built 1982
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Property summary

AI-generated overview

This well-maintained 1,124-square-foot medical office condo is available for sale or lease in the Palomar Medical Condominiums of downtown Escondido, California. Located on the second floor of an elevator-served building, this unit boasts a spacious layout including a welcoming waiting room, a dedicated reception area, a convenient conference room, three private offices, and a restroom. Abundant natural light streams in through numerous windows, creating a bright and inviting atmosphere. The property, built in 1982, features a functional design ideal for medical practices. Its prime location offers significant advantages, situated directly next to the Palomar Heights development. This expansive project encompasses 510 residential units—including 90 dedicated to senior housing—and an additional 10,000 square feet of commercial/office space, promising increased foot traffic and potential for growth. The asking price is $349,000, translating to $310.50 per square foot. The property's APN is 230-164-06-04. This exceptional opportunity is available immediately, presenting a compelling investment for owner-users seeking a thriving location in a rapidly developing area of Escondido. The address is 651 E Pennsylvania Ave, Ste 102, Escondido, CA 92025.

Property profile

Verified
Property type Office Spaces
Year built 1982
Total area 1,124 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Home Health Care Service
  • Physician
  • Physician Medical Clinic
  • Physician

Location

651 Pennsylvania Ave Escondido, CA 92025
Escondido metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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