$8,300,000
- Beds
- Unknown
- sq ft
- Unknown
1316 E Grand Ave, Escondido, CA 92027
1316 E Grand Ave
Escondido, CA 92027
- 24 days on market
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.
Details
Property type
Lot size
0.51 acres
Price per sq ft
Unknown
Year built
Unknown
Price History
02/03/2025
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SanDiego #250018218
Listed
$8,300,000
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 02/26/2025 at 5:25 PM
Listing updated: 02/05/2025 at 6:21 PM
Listed by: Erik M Anderson, Erik M Anderson, NorthMarq Multifamily Phone #: (858) 675-7865
MLS: SanDiego #250018218
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