Listed by Newmark of Southern California, Erik M Anderson, Listing Contact: 858-395-6935

3 Beds

3 Baths

19,363 sqft

$7,225,000

1316 E Grand, Escondido CA, 92027

Price per sqft$373.13

Property size19,363 sqft

Property typeMulti-family

Overview

Sold

Listed Feb 5, 2025

Updated Apr 1

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.

Additional information

MLS^® ID: 250018218

Interior Features

Bedrooms: 3
Bathrooms: 3
Basement: No

Exterior Features

Lot Size: 0.51 Acres

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Data last updated 4:54 AM UTC, 4/1/2026

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