Keegan Cin | Realtor® | License # DRE 01971604

Property

Escondido, CA 92025 664 N Fig St

664 N Fig St Escondido, CA - Image 1664 N Fig St Escondido, CA - Image 2664 N Fig St Escondido, CA - Image 3
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664 N Fig St Escondido, CA - Image 4664 N Fig St Escondido, CA - Image 5664 N Fig St Escondido, CA - Image 6664 N Fig St Escondido, CA - Image 7664 N Fig St Escondido, CA - Image 8664 N Fig St Escondido, CA - Image 9664 N Fig St Escondido, CA - Image 10664 N Fig St Escondido, CA - Image 11
Presented By: Jeff Kane with Coldwell Banker West;
  • MLS# NDP2501314
  • 02/06/2025
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Prime Multi-Family Development Opportunity in the Heart of Escondido, CA Entitled 15-Unit Multi-Family Project | Zoned R-3-18 | High-Demand Rental Market. (Potential for Density Bonus & Incentives Verify with City of Escondido)This 15-unit multi-family project is fully entitled and located just two blocks from premier shopping, dining, and major transportation corridors, offering developers a highly desirable location with strong rental demand. 15 Spacious Residential Units, (14) Three-Bedroom, Two-Bathroom Units and (1) Two-Bedroom, 2.5-Bathroom Unit. Average Unit Size: 1,365 Sq. Ft, Total Net Rentable Area: 20,482 Sq. Ft. Entitlements & Development Progress: Over $350,000 invested in soft costs, entitlements, and permit fees, Class D wood-frame construction over a concrete first floor and approved for 3 stories with a maximum height of 35 feet. Nestled in North San Diego County, Escondido, California, is a thriving and dynamic community known for its affordable housing, vibrant arts scene, and outstanding quality of life. Conveniently situated along the I-15 corridor, Escondido provides direct access to downtown San Diego (30 miles south) and is a gateway to some of Southern Californias most sought-after recreational destinations. Growing Demand: Escondidos rental market is strong and stable, driven by a mix of families, professionals, and retirees seeking larger, more affordable housing options compared to coastal cities. Economic Growth & Infrastructure: Escondido is undergoing significant revitalization efforts, including improvements to its historic downtown district Prime Multi-Family Development Opportunity in the Heart of Escondido, CA Entitled 15-Unit Multi-Family Project | Zoned R-3-18 | High-Demand Rental Market. (Potential for Density Bonus & Incentives Verify with City of Escondido)This 15-unit multi-family project is fully entitled and located just two blocks from premier shopping, dining, and major transportation corridors, offering developers a highly desirable location with strong rental demand. 15 Spacious Residential Units, (14) Three-Bedroom, Two-Bathroom Units and (1) Two-Bedroom, 2.5-Bathroom Unit. Average Unit Size: 1,365 Sq. Ft, Total Net Rentable Area: 20,482 Sq. Ft. Entitlements & Development Progress: Over $350,000 invested in soft costs, entitlements, and permit fees, Class D wood-frame construction over a concrete first floor and approved for 3 stories with a maximum height of 35 feet. Nestled in North San Diego County, Escondido, California, is a thriving and dynamic community known for its affordable housing, vibrant arts scene, and outstanding quality of life. Conveniently situated along the I-15 corridor, Escondido provides direct access to downtown San Diego (30 miles south) and is a gateway to some of Southern Californias most sought-after recreational destinations. Growing Demand: Escondidos rental market is strong and stable, driven by a mix of families, professionals, and retirees seeking larger, more affordable housing options compared to coastal cities. Economic Growth & Infrastructure: Escondido is undergoing significant revitalization efforts, including improvements to its historic downtown district, increased investment in mixed-use developments, and transit-oriented projects that enhance long-term property value. This is a turnkey development opportunity in one of San Diego Countys most promising multi-family markets.
Presented By: Jeff Kane with Coldwell Banker West;

General for 664 N Fig St

HOA Fee$0.0
Price Per Sq Ft Total AG2822580.65
Sale/RentFor Sale
SiteCurbs
TermsCash, Conventional

Additional Details

Price History

Keegan Cin

Team Lead
Price $1,750,000
MLS#NDP2501314
List Date 02/06/2025
Property Type Land
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