1110 E 2nd Ave - Multi-Family FOR SALE


Escondido, CA 92025- Central Escondido
$1,415,000 USD
858-876-5701
1110 E 2nd Ave, Escondido, CA for Sale
$1,415,000 USD
Multi-Family - FOR SALE
1/16
null | 5.07% Cap Rate

1110 E 2nd Ave
Escondido, CA 92025
Central Escondido


HIGHLIGHTS

  • Detached Single-Family Home with an Attached Garage
  • Two spacious, two-story Townhouse-Style Units in the rear
  • Each residence enjoys a private yard and dedicated parking

OVERVIEW

Exceptional Investment Opportunity with Strong Rental Upside! This property presents a rare opportunity for both investors and multigenerational living. The 7,376-square-foot lot features a Detached Single-Family Home with an Attached Garage in the front and two spacious, two-story Townhouse-Style Units in the rear. Each residence enjoys a private yard and dedicated parking, including a carport for the townhomes with alley access and a driveway off E 2nd for the front home. Designed for convenience, each unit is equipped with its own washer and dryer. Nestled on a quiet residential street, the property is ideally located within a mile of local dining and the charming Maple Street Plaza and just half a mile from Home Depot, Walmart, and essential grocery stores. Escondido’s impressive 6.89% average annual appreciation rate makes this property not only a strong cash flow opportunity but also a smart long-term wealth-building investment. With significant rental income potential and a prime location in a high-growth market, this is an investment opportunity you won’t want to miss!

FOR SALE DETAILS

PRICE

$1,415,000 USD

PRICE/SF

$485 USD /SF

# OF UNITS

3

PRICE/UNIT

$471,667

CAP RATE

5.07%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,372 SF

ZONING

-

APN/PARCEL ID

230-332-14

ASK ABOUT THIS PROPERTY

Christina LabowiczACI ApartmentsMore Info
858-876-5701

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Christina LabowiczACI ApartmentsMore Info
858-876-5701

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.