1316 E Grand Active Save Request In-Person Tour Request Virtual Tour
Escondido,CA 92027
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250018218
Property 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.
Location
State CA
County San Diego
Area Escondido (92027)
Building
Story 3
Others
Space Rent $576,000