1316 Grand , Escondido, CA 92027
  • MLS#: 250018218SD ( Commercial/Residential )
  • Street Address: 1316 Grand
  • Viewed: 1
  • Price: $8,300,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 59
  • Additional Information
  • County: SAN DIEGO
  • City: Escondido
  • Zipcode: 92027
  • Provided by: Newmark of Southern California
  • Contact: Erik Erik
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
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Features
Country
  1. US
Parcel Number
  1. 23023014
Phase
  1. 15
Property Type
  1. Commercial/Residential
Totalmonthlyrent
  1. 48000
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/snd/250018218