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$4,460,000
6 Beds ⋅ 4 Baths ⋅ 230003308 MLS ⋅ CLOSED Status
We are pleased to offer The Grand @ City Center apartments a Value-Add deal located in the heart of Escondido. The property is situated on two adjacent parcels on the corner of S Maple Street and W 3rd Avenue with close proximity to downtown Escondido. The opportunity contains a very dynamic unit mix of a 3br/1ba SFR, 6-1br/1ba detached cottages (with private yards), one 2br/1ba apartment, five 1br/1ba apartments and five studio apartments. Other amenities include six single car garages (perfect for an ADU conversion) and laundry facilities. The property offers a very quaint courtyard style atmosphere as current ownership has implemented many recent capital improvements (see OM). There is also significant rental upside potential. *** There is new loan on the property with Chase Bank that has a current loan balance of $2,225,000. The loan has an interest rate of 3.37% and has interest only payments through 10/1/2024. Then it converts to a fixed rate (fully amortized) of 3.37% until 10/1/2026.

209-227 W 3rd Ave, Escondido
$3,800,000
230016330 MLS ⋅ CLOSED Status
Harmony Grove Village Center, a rare offering of two parcels entitled for commercial retail centered in a new underserved residential development. Parcel 235-571-571-17 features 1.62 acres with site plans to accommodate a 11,000 sq ft plus mezzanine and a 5,000 sq foot of additional shops/restaurants. Parcel 235-570-56 features 1.27 acres with site plans to accommodate 7,500 sq ft of shops/restaurants and the historic Johnson Ward Homes that provides another 2,000 square feet of possible office/medical space. City may consider modification to live/work/play units. New roads from Citracado provide exceptional area access from Escondido, Elfin Forest and San Elijo Hills. Exceptional demographics are excellent for anchor boutique grocery store, preschool/daycare, salon, and quick service deli/food service and/or restaurant.

21505 Trail Blazer Ln, Escondido
$4,500,000
220002687 MLS ⋅ PENDING Status
LOCATION- LOCATION- LOCATION..........THE PARCEL 226-380-48-00 IS ZONED COMMERCIAL PROFESSIONAL C-P AND IS LOCATED WITHIN THE IMPERIAL OAKES CORPORATE CENTER SPECIFIC PLAN (SPA 13) OF THE GENERAL PLAN. THIS PARCEL IS 4.88 ACRES AND CURRENTLY HAS A HOME IN THE BACK NE CORNER OF THE PARCEL. PLEASE REFER TO THE SUPPLEMENT FOR PERMITTED USAGE. ADDITIONAL C-P ZONING INFORMATION CAN BE FOUND AT THE CITY OF ESCONDIDO. THERE IS A 17 ACRE PARK ADJACENT TO THIS PARCEL ON THE NORTH BOUNDRY SOME POTENTIAL USES FOR THE PROPERTY INCLUDE BUT NOT LIMITED TO- GENERAL OFFICE USE- HOSPITAL OR MEDICAL SERVICES ORGANIZATIONS-MEDICAL/ DENTAL OPTICAL AND OTHER HEALTH CARE OFFICES- SOCIAL AND PROFESSIONAL ORGANIZATIONS- HEALTH AND FITNESS FACILITIES-LIBRARIES- BROADCASTING COMMUNICATIONS- DRUGSTORES- HOSPITAL/MEDICAL EQUIPMENT SALES- RESTAURANTS- CAFES- BANKS- ADMINISTRATIVE CENTERS AND COURTS

550 W El Norte Pkwy, Escondido
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