Escondido, CA 92027,1316 E Grand
See all 29 photos
Escondido, CA 92027,1316 E Grand
Escondido, CA 92027,1316 E Grand
Escondido, CA 92027,1316 E Grand
Escondido, CA 92027,1316 E Grand

$7,225,000

Est. payment /mo

$8,300,000

13.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

1316 E Grand Escondido, CA 92027

SOLD DATE : 04/28/2025

Key Details

Sold Price $7,225,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 250018218SD

Sold Date 04/28/25

HOA Y/N No

Property Sub-Type Mixed Use

Property Description

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.

Location

State CA

County San Diego

Area 92027 - Escondido

Interior

Fireplace No

Exterior

Total Parking Spaces 22

Others

Tax ID 23023014

Financing Cash

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


CRMLS – RECore
Listed by Erik Anderson Newmark of Southern California
Bought with Erik Anderson Newmark of Southern California
Tony Maniaci

Tony Maniaci

Advisor | License ID: 01731183

+1(949) 558-7878

GET MORE INFORMATION

Name
Phone*
Message