404 W 9th Ave - Apartments FOR SALE


Escondido, CA 92025- Central Escondido
$949,000 USD
858-204-1243
404 W 9th Ave, Escondido, CA for Sale
$949,000 USD
Apartments - FOR SALE
1/25

404 W 9th Ave
Escondido, CA 92025
Central Escondido


HIGHLIGHTS

  • 2 Houses, 1 lot
  • 6,725 sq. ft. corner lot with commercial zoning and residential use for multi-family, rental, or office potential
  • Recently renovated with reinforced concrete foundation, new paint inside and outside, vinyl flooring, and more
  • Prime location on W 9th St with direct access from East and West HWY 15

OVERVIEW

This well-maintained 2-on-1 corner lot property in Escondido has been family-owned for 80 years and presents a well-priced investment opportunity. Ideal for first-time buyers or investors, it features two houses: a turnkey 5-bedroom, 2-bath front house and a 2-bedroom, 1-bath detached unit, offering strong rental income potential. The front house has undergone $100,000 worth of renovations, including a reinforced concrete foundation, the addition of a second full bathroom, vinyl flooring installed throughout the entire house, and much more. Sitting on a 6,725 sq. ft. lot, this property is zoned Commercial while retaining Residential zoning, making it a versatile investment—perfect for multi-family living, rental income, or professional offices. Located on W 9th St, one of the few streets with direct access from East and West HWY 15, this property offers convenience and flexibility. Buyers and buyers’ agents to verify all information.

FOR SALE DETAILS

PRICE

$949,000 USD

# OF UNITS

2

PRICE/UNIT

$474,500

CAP RATE

6%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2 on W 9th Ave

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,725 SF

ZONING

-

APN/PARCEL ID

233-352-08

ASK ABOUT THIS PROPERTY

Nico CookStarker West, IncMore Info
858-204-1243

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Nico CookStarker West, IncMore Info
858-204-1243

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