Coming Soon
Listed price in listed location currency (USD).
$3,699,000

0022

MLS® OC26160522

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage 
HOA Fees 
Taxes 
Approx. Age 1988
MLS® Number OC26160522

Property Address: 331 Washington, Escondido, CA, 92025

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberOC26160522
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1988
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C

Extras

Price History

Aug 21, 2026End Date
-Sold Price

Coming Soon

Jul 22, 2026List Date
$3,699,000List Price
  • Commute

Commute

Starting Address
Destination Address
331 E Washington Ave, Escondido, CA

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