For Sale
$1,650,000

740 Escondido BlvdEscondido, CA 92025

Prime Escondido location, multi-unit income potential.

Overview

Added:
Feb 3
Days on market:
61
This exceptional mixed-use property, constructed in 1953, presents a rare investment opportunity in the desirable Escondido, CA market. Situated on a sizable 0.33-acre lot (14,206 sq ft), this 6,692 sq ft property comprises three distinct structures. The property's configuration includes five well-maintained apartment units, providing a steady stream of rental income. In addition to the residential component, two retail spaces offer further revenue generation potential. The property's layout is enhanced by ample parking, including two two-car garages and one one-car garage, along with substantial off-street parking. Convenience is further amplified by the inclusion of a Ratio Utility Billing System (RUBS), streamlining utility management and contributing to the property's overall profitability. A savvy investor can readily increase income streams by leveraging the existing infrastructure to rent out the garages and potentially install laundry facilities. This turnkey investment offers immediate returns and significant upside potential for a discerning buyer seeking a diversified income-producing asset in a thriving California community. The property's established tenant base and existing income streams make it an attractive proposition for both seasoned investors and those new to the commercial real estate market.

Property Details for 740 Escondido Blvd

Property type
Mixed-use properties
Lot Size (sq. ft)
14,375 SF

Location Insight

City
Escondido
County
San Diego
State
California
Latitude
33.11451
Longitude
-117.0798
740 Escondido Blvd, Escondido, California

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740 Escondido Blvd
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