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Property Description

Grandview Escondido presents a prime opportunity to acquire a newly constructed (2023), fully leased 15-unit multifamily asset in the heart of Escondido. Strategically located within the I-15 and Highway 78 corridor, the property benefits from immediate access to retail, dining, and essential services. Escondido is a rapidly growing submarket within North San Diego County, boasting a strong employment base, top-tier education institutions, and a diverse population. The city offers a competitive rental market with favorable occupancy trends, making Grandview an ideal investment for long-term appreciation and income growth. 1-YEAR “MASTER-LEASE” WITH SELLER Upon transfer of the property, seller will enter into a no-cost one-year management agreement and guarantee rents of $48,000/ monthly to the benefit of the buyer. To be further defined, contact broker for additional information.

Additional Information
NorthMarq Multifamily
0
SAND-674546
SAND-990885
Erik
23023014

Commercial Sale For Sale

1316 Grand, Escondido, California 92027

$8,300,000
Listing ID #250018218SD
Basic Details
Status : Active
DaysOnMarket : 2
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 250018218SD
Price : $8,300,000
Country : US
State : California
County : San Diego
City : Escondido
Zipcode : 92027
ModificationTimestamp : 2025-02-05 18:29:24
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