331 Washington, Escondido, CA 92025

Escondido
Local realty services provided by:ERA North Orange County Real Estate
331 Washington,Escondido, CA 92025
$3,699,000
  • 2 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: pat swanson
Office: pat swanson
MLS#:OC26160522
Source:San Diego MLS via CRMLS

Price summary

  • Price:$3,699,000

About this home

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.

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Home facts

  • Listing ID #:OC26160522
  • Added:3 day(s) ago
  • Updated:July 26, 2026 at 03:04 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2

Finances and disclosures

  • Price:$3,699,000
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