Keegan Cin | Realtor® | License # DRE 01971604

Property

Escondido, CA 92027 1316 E Grand

Pending
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Presented By: Erik M Anderson with Newmark of Southern California;
  • MLS# 250018218
  • 02/03/2025
  • Request Tour
  • Request Info
  • Beds • 3
  • Baths • 3
  • SQFT • 19,363

Home Details

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.
Presented By: Erik M Anderson with Newmark of Southern California;

Interior Features for 1316 E Grand

Bedrooms

Bedrooms in Unit 12
Bedrooms in Unit 21

Bathrooms

Baths in Unit 12.0
Baths in Unit 21.0

Other Interior Features

# of Units w/Disposals15
# of Units w/Ranges15
# of Units w/Refrigerator15
Units w/Dishwashers15

General for 1316 E Grand

# of Units (1)1
# of Units (2)1
AmenitiesOther/Remarks
Number Of Units Total15
Sale/RentFor Sale

Exterior for 1316 E Grand

Number of Buildings1
Total Parking22

Additional Details

Price History

Alexandra Eston

Sales Associate
Price $8,300,000
MLS#250018218
List Date 02/03/2025
Property Type Pending
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