Listing provided courtesy of Erik Anderson of Newmark of Southern California. Last updated 2025-04-21 08:26:26.000000. Listing information © 2024 Sandicor.
Asking Price: $8,300,000 |
1316 Grand, Escondido CA 92027
Community: 92027 - Escondido
This Commercial/Residential property was built in 0 and is priced at $8,300,000. Please see the additional details below.
Grandview Escondido presents a prime opportunity to acquire a newly constructed (2023), fully leased 15-unit multifamily asset in the heart of Escondido. Strategically located within the I-15 and Highway 78 corridor, the property benefits from immediate access to retail, dining, and essential services. Escondido is a rapidly growing submarket within North San Diego County, boasting a strong employment base, top-tier education institutions, and a diverse population. The city offers a competitive rental market with favorable occupancy trends, making Grandview an ideal investment for long-term appreciation and income growth. 1-YEAR "MASTER-LEASE" WITH SELLER Upon transfer of the property, seller will enter into a no-cost one-year management agreement and guarantee rents of $48,000/ monthly to the benefit of the buyer. To be further defined, contact broker for additional information.
