740-750 S Escondido Blvd, Escondido, CA 92025

$1,600,000
6,692
SqFt

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Sold Price
$1,600,000
List Price
$1,650,000
Closing Date
Feb 10, 2025
Status
CLOSED
MLS#
240028584
Living Sq. Ft
6,692
City
Escondido
Property Type
Multifamily

Property Description

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.

Additional Information

Living Area
6,692
Stories
1

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Bill Anderson (858-245-4887) from Listing Office: Acre Investment Real Estate.

Selling Office: Acre Investment Real Estate.

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