CA > Escondido
Escondido, CA 92027,1316 E Grand
Escondido, CA 92027,1316 E Grand
Escondido, CA 92027,1316 E Grand
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Ernie Caponera

Ernie Caponera

Newport Properties

+1(714) 606-0926
$8,300,000
Est. payment /mo
0.51 Acres Lot
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UPDATED:

02/06/2025 02:29 AM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250018218SD

HOA Y/N No

Lot Size 0.510 Acres

Property Sub-Type Mixed Use

Property Description

Grandview Escondido presents a prime opportunity to acquire a newly constructed (2023), fully leased 15-unit multifamily asset in the heart of Escondido. Strategically located within the I-15 and Highway 78 corridor, the property benefits from immediate access to retail, dining, and essential services. Escondido is a rapidly growing submarket within North San Diego County, boasting a strong employment base, top-tier education institutions, and a diverse population. The city offers a competitive rental market with favorable occupancy trends, making Grandview an ideal investment for long-term appreciation and income growth. 1-YEAR "MASTER-LEASE" WITH SELLER Upon transfer of the property, seller will enter into a no-cost one-year management agreement and guarantee rents of $48,000/ monthly to the benefit of the buyer. To be further defined, contact broker for additional information.

Location

State CA

County San Diego

Area 92027 - Escondido

Interior

Fireplace No

Exterior

Total Parking Spaces 22

Others

Tax ID 23023014

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California Regional MLS (CRMLS)
Listed by Erik Anderson • NorthMarq Multifamily
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

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