664 Fig St , Escondido, CA 92025
  • MLS#: NDP2501314 ( )
  • Street Address: 664 Fig St
  • Viewed: 3
  • Price: $1,750,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 30
  • Additional Information
  • County: SAN DIEGO
  • City: Escondido
  • Zipcode: 92025
  • Provided by: Coldwell Banker West
  • Contact: Jeff Jeff
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Prime Multi Family Development Opportunity in the Heart of Escondido, CA Entitled 15 Unit Multi Family Project | Zoned R 3 18 | High Demand Rental Market. (Potential for Density Bonus & Incentives Verify with City of Escondido)This 15 unit multi family project is fully entitled and located just two blocks from premier shopping, dining, and major transportation corridors, offering developers a highly desirable location with strong rental demand. 15 Spacious Residential Units, (14) Three Bedroom, Two Bathroom Units and (1) Two Bedroom, 2.5 Bathroom Unit. Average Unit Size: 1,365 Sq. Ft, Total Net Rentable Area: 20,482 Sq. Ft. Entitlements & Development Progress: Over $350,000 invested in soft costs, entitlements, and permit fees, Class D wood frame construction over a concrete first floor and approved for 3 stories with a maximum height of 35 feet. Nestled in North San Diego County, Escondido, California, is a thriving and dynamic community known for its affordable housing, vibrant arts scene, and outstanding quality of life. Conveniently situated along the I 15 corridor, Escondido provides direct access to downtown San Diego (30 miles south) and is a gateway to some of Southern Californias most sought after recreational destinations. Growing Demand: Escondidos rental market is strong and stable, driven by a mix of families, professionals, and retirees seeking larger, more affordable housing options compared to coastal cities. Economic Growth & Infrastructure: Escondido is undergoing significant revitalization efforts, including improvements to its historic downtown district, increased investment in mixed use developments, and transit oriented projects that enhance long term property value. This is a turnkey development opportunity in one of San Diego Countys most promising multi family markets.
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Features
Association Fee
  1. 0.00
Distancetowatercomments
  1. To property
Lot Features
  1. Lot 20000-39999 Sqft
  2. Value In Land
Parcel Number
  1. 2300415300
View
  1. Neighborhood
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/crmls/NDP2501314
Water Source
  1. See Remarks
Zoning
  1. R-3 Restricted Multiple