1935 E El Norte, Escondido, CA 92027

Local realty services provided by:ERA Excel Realty
1935 E El Norte,Escondido, CA 92027
$3,550,000
  • - Beds
  • - Baths
  • 11,000 sq. ft.
  • Multi-family
  • Pending
Listed by: lee spence
Office: daum commercial re services
MLS#:IV25235623
Source:CRMLS

Price summary

  • Price:$3,550,000
  • Price per sq. ft.:$322.73

About this home

This offering consists of five contiguous parcels located at the signalized southwest corner of E. El Norte Parkway and N. Midway Drive in Escondido, California. Together, the parcels total approximately 2.3 acres and include: • Three single-family homes • A 6,335 sq. ft. market/liquor store • A 0.36-acre parcel of vacant land The properties are situated within the Commercial Neighborhood (CN) zoning district. The existing residential units are classified by the City as legal, non-conforming uses, meaning new residential construction would require a zone change. The four rented units currently generate approximately $14,700 per month in gross income, providing strong interim cash flow. This site occupies a unique position as a standalone commercial enclave surrounded by residential neighborhoods, giving it a near-monopoly advantage for local retail and service businesses within the immediate trade area. Additionally, the vacant parcel offers future development

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Home facts

  • Year built:1940
  • Listing ID #:IV25235623
  • Added:71 day(s) ago
  • Updated:December 19, 2025 at 08:31 AM

Rooms and interior

  • Living area:11,000 sq. ft.

Structure and exterior

  • Year built:1940
  • Building area:11,000 sq. ft.
  • Lot area:2.3 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,550,000
  • Price per sq. ft.:$322.73
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