Escondido Homes with Apartment Subtype

Escondido Homes with Apartment Subtype

Welcome to Escondido, California, a charming city nestled in the heart of San Diego County. Known for its picturesque landscapes and warm climate, Escondido offers a delightful blend of suburban tranquility and vibrant city life. With its rich history dating back to the 1800s, the city boasts a unique character that is reflected in its diverse architecture and friendly community atmosphere.

Escondido is surrounded by stunning hills and valleys, making it a haven for outdoor enthusiasts. Residents can enjoy a variety of recreational activities, from hiking in the nearby Daley Ranch to exploring the serene Lake Wohlford. The city is also home to the renowned San Diego Zoo Safari Park, where visitors can experience wildlife up close and personal.

For those looking to invest in real estate, Escondido presents an array of options, particularly homes with apartment subtypes. These properties are perfect for multi-generational living, providing ample space and flexibility for families. Imagine having the convenience of a separate living area for guests or the potential for rental income right in your backyard. With a variety of styles and sizes available, you can find the ideal home that suits your lifestyle and budget.

In addition to its beautiful homes, Escondido is known for its thriving downtown area, featuring an eclectic mix of shops, restaurants, and cultural attractions. Whether you're savoring a meal at a local eatery or attending a community event, you'll find that Escondido is a place where community spirit thrives.

Discover the charm of Escondido and explore the possibilities of owning a home with an apartment subtype—where comfort meets opportunity in this vibrant San Diego gem!

Newest Escondido Homes with Apartment Subtype

$3,699,000
OC26160522 MLS ⋅ Active Status
This 1988 constructed complex is down the street from Downtown Escondido, and consists of (10) 2 Bedroom Units, plus a non-conforming studio. All units have been recently renovated, providing a low-maintenance investment with immediate cash flow. The property offers a 5.31% current cap rate with upside. Situated in a highly walkable location with a 90 Walk Score, the property is just 0.4 to 0.6 miles from Downtown Escondido's restaurants, retail, and entertainment. The surrounding area boasts an average household income of approximately $103,000, while homeownership costs are approximately double the average apartment rent. Additionally, the property is not subject to local rent control, providing greater operational flexibility for future ownership.

331 Washington, Escondido
Start Your Search

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.