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$1,650,000

Beds
Unknown
sq ft
Unknown

740 S Escondido Blvd, Escondido, CA 92025

740 S Escondido Blvd

Escondido, CA 92025

  • 6 days on market
Built in 1953, this distinctive 4,868 sq. ft. mixed-use property in Escondido offers a compelling blend of residential and retail spaces on a spacious 14,206 sq. ft. parcel. The property consists of three structures, featuring five apartment units and two retail units, set within a tranquil, single-story garden community. It includes two two-car garages, a one-car garage, and plenty of off-street parking for added convenience. The property currently generates additional income through a RUBS (Ratio Utility Billing System), and a new owner can further capitalize on immediate revenue opportunities from laundry and garage rentals. A strategic opportunity lies in transforming the existing garages into a spacious two-bedroom unit while repurposing the two retail spaces into two additional two-bedroom units. This innovative approach would elevate the property's potential, expanding it into an 8-unit community featuring 4 two-bedroom and 4 one-bedroom residences. By maximizing the space and increasing the number of units, this plan enhances the property's value and appeal to a diverse tenant base.

Details

Property type

Lot size

Unknown

Price per sq ft

Unknown

Year built

Unknown

Price History

12/17/2024
SanDiego

SanDiego #240028584

Listed
$1,650,000

Schools & Community

Neighborhood: 

Old Escondido Historic District

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 12/23/2024 at 6:00 AM

Listing updated: 12/17/2024 at 9:16 PM

Listed by: Bill Anderson, Acre Investment Real Estate Phone #: (760) 809-3626

MLS: SanDiego #240028584

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