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$ 3,700,000
$ 3,850,000 3.9%
Est. payment /mo
Sold on 03/11/2025
331 E Washington Avenue Escondido, CA 92025
UPDATED:
Key Details
Sold Price $3,700,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 240014964SD
Sold Date 03/11/25
HOA Y/N No
Property Sub-Type Mixed Use
Property Description
Pleased to present 331 E Washington Avenue, a 10-unit multifamily asset centrally located in Escondido, California, near Escondido's historic downtown district and Escondido Transit Center. The two-story asset is comprised entirely of two-bedroom/one-bathroom floorplans averaging 792 square feet of living area. The property also has one (1) non-conforming studio unit and onsite laundry facilities. The property features twenty (20) off-street parking spaces and select units feature balconies. The property recently underwent an extensive rehab program. The units have been upgraded with vinyl plank floors, laminate countertops, stainless steel kitchen sinks, kitchen cabinets, ceiling fans, vanities and tubs, doors and hardware, and cordless blinds. The property exteriors have also been significantly enhanced with new stucco repairs, upgraded roof, paint, gates, and windows. The Grand Avenue corridor, historic downtown district, and Escondido Transit Center are all within 1-mile. With proximity to the Escondido Transit Center, the downtown district and Grand Avenue corridor are centered around Smart Growth initiatives by SANDAG and the City of Escondido, intended to enhance the area by encouraging transit-oriented land uses and future developments.
Location
State CA
County San Diego
Area 92025 - Escondido
Interior
Fireplace No
Others
Tax ID 2293107500
Financing Cash
Listed by Austin Huffman • Marcus & Millichap
Bought with Kal Ibrahim • Socal Coastal Properties
Bought with Kal Ibrahim • Socal Coastal Properties
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