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209-227 W 3rd Ave
Escondido, CA 92025
Grand Center · Multifamily Property For Sale · 18 Units

INVESTMENT HIGHLIGHTS

  • Significant Rental Upside / Value Add Opportunity
  • Dynamic Unit Mix of a 3br SFR / Studio, 1Br & 2Br Apartments & 1Br/1Ba Detached Cottages
  • 2 Separate Adjacent Parcels
  • Extremely Attractive Assumable Financing
  • Garages (6) & Laundry Facilities (Leased)

PROPERTY FACTS

No. Units 18
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.41 AC
Building Size 9,536 SF
Average Occupancy 100%
No. Stories 2
Year Built 1940
Parking Ratio 0.63/1,000 SF
Zoning CP, Escondido

AMENITIES

UNIT AMENITIES

  • Heating
  • Kitchen
  • Range

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 5 $1,311 -
1+1 11 $1,636 -
3+1 1 $2,950 -
2+1 1 $2,059 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 233-142-06
  • 233-142-05
Land Assessment
$1,938,000
Improvements Assessment
$2,652,000
Total Assessment
$4,590,000
  • Listing ID: 27794215

  • Date on Market: 2/20/2023

  • Last Updated:

  • Address: 209-227 W 3rd Ave, Escondido, CA 92025

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