Property 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
: Garage
Address Map
US
CA
SD
Escondido
92025
Escondido Blvd
740-750
W118° 55' 12.9''
N33° 6' 52.2''
North County
S
Additional Info
Acre Investment Real Estate
Additional Information
: Stucco
7
1
Listing Information
640442
69201
ACTIVE
2024-12-18T05:12:01Z
sdmls
: N/K

Residential Income Additional

740-750 S Escondido Blvd, Escondido Ca 92025

4,868
$1,650,000
Listing ID #240028584
Basic Details
Property Type : Residential Income Additional
Listing Type : For Sale
Listing ID : 240028584
Price : $1,650,000
Square Footage : 4,868
Status : Active
Property Sub Type : Com-Res Income
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