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331 E Washington Ave
Escondido, CA 92025
Multifamily Property For Sale · 10 Units

INVESTMENT HIGHLIGHTS

  • True value-add opportunity by implementing interior and exterior renovation enhancements
  • Proximate to historic downtown Escondido, Grand Avenue corridor, and Escondido Transit Center
  • Community amenities include on-site laundry, and ample carport, tuck-under, and open parking
  • Highly desirable unit mix comprised entirely of spacious two-bedroom /one-bathroom floorplans
  • Walker’s paradise, boasting a “Walk Score” of 90, so daily errands do not require a car
  • Part of a portfolio sale with 602 E Washington Ave in Escondido, interested investors may submit offers individually or for both properties combined

PROPERTY FACTS

No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.34 AC
Building Size 7,920 SF
No. Stories 2
Year Built 1988
Parking Ratio 2.52/1,000 SF
Zoning S-P

AMENITIES

UNIT AMENITIES

  • Balcony
  • Ceiling Fans
  • Stainless Steel Appliances

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 10 - 792

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
229-310-75
Land Assessment
$1,632,000
Improvements Assessment
$816,000
Total Assessment
$2,448,000
  • Listing ID: 28165293

  • Date on Market: 4/6/2023

  • Last Updated:

  • Address: 331 E Washington Ave, Escondido, CA 92025

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