Built in 2025, this upgraded multifamily property features all four 2-bedroom, 2-bathroom units across two separate buildings on a large lot. Designed for low maintenance, each unit offers modern finishes including 9' & 10' ceilings, Milgard windows, central A/C, stainless steel appliances, tankless water heaters, in-unit laundry and private outdoor storage. The property has 8 on-site parking spaces with 4 steel carports, individually metered for gas and electric and sub-metered water to help reduce operating expenses. Both upstairs units have large balconies, while the downstairs enjoy covered patios opening to the back yard. Centrally located near Downtown Escondido provides easy access to shopping, restaurants, breweries, wineries and San Diego Zoo Safari Park. This fully leased, turnkey asset is an excellent opportunity for investors seeking strong cash flow with minimal maintenance! Extra buyer incentives may apply-call for details.
| MLS # | PW26070091 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2025 |
| Days On Site | 154 |
| Listing Provided By | First Team Real Estate | Joseph Smylie |
| SQ Feet | 3,784 |
|---|---|
| Car Port | Yes |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 2 |
| Zoning | R3 |
| Acreage | 0.23 |
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | High Ceilings, Open Floorplan, Quartz Counters, Storage, Bedroom On Main Level |
| Window Features | Double Pane Windows |
| Appliances | Dishwasher, Electric Range, Gas Cooktop, Gas Range, Refrigerator, Tankless Water Heater, Dryer, Washer |
| Fireplace Yes / No | No |
| Exterior Features | Rain Gutters |
|---|---|
| Roof | Composition |
| Construction Materials | Asphalt, Drywall, Stucco |
| Lot Features | Sprinklers In Rear, Sprinklers In Front, Landscaped, Level, Rectangular Lot, Walkstreet, Yard |
| Fencing | Vinyl |
| Parking Features | Covered, Detached Carport, Paved, Private, One Space |
|---|---|
| Garage Yes / No | No |
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Electric | Standard |
| Sewer | Public Sewer |
| Community Features | Curbs, Park, Street Lights, Sidewalks |
|---|
| State | CA |
|---|---|
| County | San Diego |
| City | Escondido |
| Zip Code | 92025 |
| Area | 92025 Escondido |
| Community Name | North Escondido |
| Listing VS Median (in North Escondido) | |
Price: $2,149,000 low | high Med: $2,149,000 sqft: 3,784 low | high Med: 3,784 $ / sqft: $568 low | high Med: $568 On site: 154 low | high Med: 154 | |
| State | CA |
|---|---|
| County | San Diego |
| City | Escondido |
| Zip Code | 92025 |
| Area | 92025 Escondido |
| Community Name | North Escondido |
| Listing VS Median (in North Escondido) | |
Price: $2,149,000 low | high Med: $2,149,000 sqft: 3,784 low | high Med: 3,784 $ / sqft: $568 low | high Med: $568 On site: 154 low | high Med: 154 | |