1316 E Grand, Escondido, CA 92027

About this commercial property

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.

Listing description from the April 2025 sale, as reported to CRMLS.

Sale history

$7,225,000

Sold April 2025 · listed $8,300,000, on market February 2025 · MLS #250018218SD · Source: CRMLS

Listing Agent: Erik Anderson · Listing Office: Newmark of Southern California · Contact: 858-395-6935 · Bought with: Erik Anderson · Newmark of Southern California

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