1316 E Grand, Escondido, CA 92027 - MLS#250018218

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Nicole Hazelton

[email protected] +1(619) 206-1892

$8,300,000

Est. payment - /mo

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250018218

Acres 0.51

Property Description

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.

Location

State CA

County San Diego

Area Escondido (92027)

Exterior

Total Parking Spaces 22

Building

Story 3

Others

Space Rent $576,000

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Listed by Erik M Anderson • Newmark of Southern California

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Nicole Hazelton

+1(619) 206-1892

Broker Associate | License ID: 01819363

Broker Associate License ID: 01819363

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1316 E Grand Escondido, CA 92027

Nicole Hazelton

Key Details

Location

Exterior

Building

Others

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