331 Washington AVE, Escondido, CA 92025 (MLS # OC26160522)

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PRICE $3,699,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 8,700 sqft
LOT SIZE 14,746 sqft
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This 1988 constructed complex is down the street from Downtown Escondido, and consists of (10) 2 Bedroom Units, plus a non-conforming studio. All units have been recently renovated, providing a low-maintenance investment with immediate cash flow. The property offers a 5.31% current cap rate with upside. Situated in a highly walkable location with a 90 Walk Score, the property is just 0.4 to 0.6 miles from Downtown Escondido's restaurants, retail, and entertainment. The surrounding area boasts an average household income of approximately $103,000, while homeownership costs are approximately double the average apartment rent. Additionally, the property is not subject to local rent control, providing greater operational flexibility for future ownership.

DAYS ON MARKET 9 LAST UPDATED 7/24/2026
TRACT East Escondido YEAR BUILT 1988
COMMUNITY 92025 - Escondido COUNTY San Diego
STATUS Active PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AREA 92025 - Escondido
LOT 0.3385 acre(s)
LOT DIMENSIONS 14747
POOL DESCRIPTION None
SEWER Private Sewer
STORIES 2
SUBDIVISION East Escondido
WATER Public
MORTGAGE CALCULATOR
   

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Listed with Pat Swanson

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