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740 Escondido Blvd, Escondido, CA 92025
Priced at Only: $1,650,000
For more Information Call Mobile: 714.478.6676
Address: 740 Escondido Blvd, Escondido, CA 92025
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740 Escondido Blvd
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  • MLS#: 240028584SD ( Commercial/Residential )
  • Street Address: 740 Escondido Blvd
  • Viewed: 1
  • Price: $1,650,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 10
  • Additional Information
  • County: SAN DIEGO
  • City: Escondido
  • Zipcode: 92025
  • Provided by: Acre Investment Real Estate
  • Contact: Bill Bill
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Built in 1953, this distinctive 4,868 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. A strategic opportunity lies in transforming the existing garages into a spacious two bedroom unit while repurposing the two retail spaces into two additional two bedroom units. This innovative approach would elevate the property's potential, expanding it into an 8 unit community featuring 4 two bedroom and 4 one bedroom residences. By maximizing the space and increasing the number of units, this plan enhances the property's value and appeal to a diverse tenant base.
Features
Construction Materials
  1. Stucco
Country
  1. US
Parcel Number
  1. 2333621100
Property Type
  1. Commercial/Residential
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Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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