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331 Washington, Escondido, CA 92025

Escondido
Local realty services provided by:CENTURY 21 Village Realty
331 Washington,Escondido, CA 92025
$3,699,000
  • - Beds
  • - Baths
  • 8,700 sq. ft.
  • Multi-family
  • Active
Listed by: pat swanson
Office: pat swanson949-724-5564
MLS#:OC26160522
Source:CRMLS

Price summary

  • Price:$3,699,000
  • Price per sq. ft.:$425.17

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

  • Year built:1988
  • Subdivision & Development:East Escondido
  • Listing ID #:OC26160522
  • Added:8 day(s) ago
  • Updated:July 30, 2026 at 11:04 AM

Rooms and interior

  • Living area:8,700 sq. ft.

Structure and exterior

  • Year built:1988
  • Building area:8,700 sq. ft.
  • Lot area:0.34 Acres

Utilities

  • Water:Public
  • Sewer:Private Sewer

Finances and disclosures

  • Price:$3,699,000
  • Price per sq. ft.:$425.17

Parking

  • Total parking spaces:22
  • Parking description:12 Carport Space(s)
  • Carport spaces:12
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Village Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Village Realty, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Andy Bencosme

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