$995,000
Here's a rare opportunity to own a sought-after multi-residential income property in the thriving heart of Downtown Escondido. This two-story multifamily asset features three total units: two 1-bedroom units on the lower level and one 2-bedroom unit upstairs, offering strong rental appeal and steady income history. The property is thoughtfully configured with a practical layout that maximizes privacy and functionality. Its two-story design allows for separation between units, while the fenced on-site parking adds a layer of convenience and security that is highly desirable in a downtown setting. The overall setup supports consistent occupancy, catering to tenants seeking comfortable living in a central location with easy access to everyday essentials. Ideally positioned near shopping centers, restaurants, and local services, the property benefits from its placement in a vibrant and walkable neighborhood. Residents will appreciate and enjoy the convenience of nearby retail and dining options, along with access to public transportation and major commuter routes, making it an attractive choice for a wide range of renters. This property, located in a high-demand rental market, combined with its functional layout and tenant-friendly amenities, presents a compelling opportunity for investors seeking stable cash flow with potential for future upside.
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Listed by John Boruff with Palomar Property Services (760) 571-9636
Property Type
Residential Income
Status
Active
MLS Number
NDP2604351
Year Built
2010