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$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
SanDiego

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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