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361 E Washington Ave
Escondido, CA 92025 Central Escondido

$3,395,000 USD

Apartments For Sale  •  6,400 SF

Property Details

• Property Type Apartments
• Total Building Size 6,400 SF
• Lot Size 0.38 AC
• Building Class C
• Year Built 1974
• Cap Rate 5.13 %
• Zoning R4, Escondido

40 Transit Score

60 Walk Score

Highlights

16-unit gated multifamily with all studio units and on-site laundry for added income.

Prime infill location in central Escondido with an 89 Walk Score and easy access to amenities.

Secure carport parking and controlled access provide tenant appeal and competitive advantage.

Close proximity to downtown Escondido, Cal State San Marcos, and Palomar College.

Offered at $3,395,000 with a 5.13% cap rate and $174,040 NOI.

Efficient unit mix targets workforce renters and simplifies management.

Cap Rate:

5.13 %

Amenities

• Air Conditioning
• Balcony
• Heating
• Kitchen
• Range

Public Transportation

Airport	Drive	Walk	Distance
San Diego International	40 min	-	31.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	4
Type:	Surface
Included in Rent:	Yes