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740 S Escondido Blvd, Escondido, CA 92025

Commercial property

740 S Escondido Blvd, Escondido, CA 92025 Sold February 2025 CRMLS
$1,600,000Sold February 2025

Listing Agent: Bill Anderson (DRE #01441142) · Listing Office: Acre Investment Real Estate · Contact: 760-809-3626 · Bought with: Craig Stewart · Acre Investment Real Estate · MLS #240028584SD · Source: CRMLS

7
Units
$99,361
NOI
14,375 sqft
Lot Size
Commercial property
Type

About this commercial property

Built in 1953, this distinctive 6,692 sq. ft. mixed-use property in Escondido offers a compelling blend of residential and retail spaces on a spacious 14,206 sq. ft. parcel. The property consists of three structures, featuring five apartment units and two retail units, set within a tranquil, single-story garden community. It includes two two-car garages, a one-car garage, and plenty of off-street parking for added convenience. The property currently generates additional income through a RUBS (Ratio Utility Billing System), and a new owner can further capitalize on immediate revenue opportunities from laundry and garage rentals.

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

Sale history

$1,600,000
Sold February 2025 · listed $1,650,000, on market December 2024 · MLS #240028584SD · Source: CRMLS
Listing Agent: Bill Anderson · Listing Office: Acre Investment Real Estate · Contact: 760-809-3626 · Bought with: Craig Stewart · Acre Investment Real Estate
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