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1027 E Grand Ave 4,082 SF Office Building Escondido, CA 92025 $1,199,999 ($293.97/SF) 6.20% Cap Rate



Executive Summary
Seize this rare chance to own two well-positioned buildings in the heart of Escondido! Spanning 0.34 acres across two lots, this versatile property offers approximately 4,082 square feet of single-level space — perfectly suited for medical, dental, or professional office use. With its central location and flexible zoning, the property also presents exciting potential for multifamily residential redevelopment (buyer to verify); a 2026 feasibility study found the site could support up to 9–10 townhouse units under the current Specific Plan overlay.
The property offers immediate income today, with two established tenants in place, plus a fully renovated vacant suite — new flooring, fresh paint, updated plumbing, and an ADA-compliant restroom — ready for an owner-user or new tenant to occupy right away.
Whether you're an investor, developer, or owner-user, this is a unique opportunity to capitalize on the continued growth of Escondido's dynamic commercial and residential landscape.
The property offers immediate income today, with two established tenants in place, plus a fully renovated vacant suite — new flooring, fresh paint, updated plumbing, and an ADA-compliant restroom — ready for an owner-user or new tenant to occupy right away.
Whether you're an investor, developer, or owner-user, this is a unique opportunity to capitalize on the continued growth of Escondido's dynamic commercial and residential landscape.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Office
Property Subtype
Building Size
4,082 SF
Building Class
C
Year Built/Renovated
1973/2026
Price
$1,199,999
Price Per SF
$293.97
Cap Rate
6.20%
NOI
$74,400
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,082 SF
Slab To Slab
8’
Building FAR
0.29
Lot Size
0.32 AC
Zoning
H-P - Hospital Professional zoning. Typically accommodates medical offices, clinics, and ancillary facilities that serve hospital operations.
Parking
21 Spaces (5.14 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 1
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 230-331-04 | Improvements Assessment | $100,000 (2026) |
| Land Assessment | $275,000 (2026) | Total Assessment | $375,000 (2026) |
Property Taxes
Parcel Number
230-331-04
Land Assessment
$275,000 (2026)
Improvements Assessment
$100,000 (2026)
Total Assessment
$375,000 (2026)
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
1027 E Grand Ave
