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Escondido Development Opportunity

Active

Featured Listing

Escondido Development Opportunity

S Cedar St & E 3rd Ave

$525,000

UNITS

2

PROPERTY TYPE

Land

SQUARE FEET

830

CAP RATE

AE

Arby Eivazian

DRE# 01948830 · South Coast Commercial

619-990-4436

Property Details

Property Name

Escondido Development Opportunity

Address

S Cedar St & E 3rd Ave, Escondido, CA 92025

Asking Price

$525,000

Units

2

Building Size

830 SF

Property Type

Land

Cap Rate

Price Per Unit

$262,500

Status

Active

Broker

South Coast Commercial

Investment Opportunity

Two-unit multifamily property in the centrally located City Heights neighborhood of San Diego. The property features two detached 2-bedroom, 1-bathroom units totaling approximately 1,324 square feet on a 3,124 square foot lot. Both units offer updated interiors, with the front unit including in-unit washer and dryer hookups and extensive upgrades such as new flooring, siding, roof, and insulation. The property also includes three off-street parking spaces, providing a desirable combination of functionality and tenant convenience.

Why This Property

Strong in-place income

High-demand urban corridor

Rental upside potential

Limited competing inventory

Suitable for 1031 exchange

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Interested in This Property?

Request the full offering memorandum, financial details, and schedule a private showing.

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