331 Washington Escondido, CA $ 3,699,000
331 Washington
$ 3,699,000
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331 Washington

Escondido, CA, 92025
$ 3,699,000
Baths1.0 Sq 8,700

Monthly Estimate*

$ 23,356

Listed by Pat Swanson
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Studio

Multi-Family Home for sale in Escondido, CA

for $3,699,000 with 1 full bath. This 8,700 square foot home was built in 1988 on a lot size of 0.3385.

This 1988 constructed complex is down the street from Downtown Escondido, and consists of (10) 2 Bedroom Units, plus a non-conforming studio. All units have been recently renovated, providing a low-maintenance investment with immediate cash flow. The property offers a 5.31% current cap rate with upside. Situated in a highly walkable location with a 90 Walk Score, the property is just 0.4 to 0.6 miles from Downtown Escondido's restaurants, retail, and entertainment. The surrounding area boasts an average household income of approximately $103,000, while homeownership costs are approximately double the average apartment rent. Additionally, the property is not subject to local rent control, providing greater operational flexibility for future ownership.

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Multi-Family Coming Soon

Price

$ 3,699,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.3385

Year Built

1988

Town/City

Escondido

County/Region

San Diego

MLS | Web ID

OC26160522

Days on Market

2

Features
General
Sewer Private Sewer
Garage Spaces 0
Pool Features None
Year Built 1988
Property Subtype Apartment
Gross Income 287148
Community Features Curbs Street Lights Suburban Sidewalks Urban
County San Diego
Net Operating Income 196392
Operating Expense 82142
Insurance Expense 13050
New Construction false
Property Type Residential Income
Subdivision Name East Escondido
Garage Y/N false
Special Listing Conditions Standard
Status Coming Soon
Directions Google Maps Please
City Escondido
Entry Location Ground
Senior Community Y/N false
Open Parking Spaces 10
Number Of Units Total 11
MLS Area 92025 - Escondido
Lot Size Units Square Feet
Lot Size Square Feet 14747
Carport Spaces 12
Carport Y/N true
Listing Terms Cash to New Loan
Property Attached Y/N true
Land Lease Y/N false
Trash Expense 4800
Water Sewer Expense 5500
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Coming Soon
Year Built Source Assessor
Tax Lot 0
Property Sub Type Additional Apartment
Expected Active Date 2026-07-24
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Interior
Total Stories 2
Common Walls 1 Common Wall
Laundry Features Common Area
Entry Level 0
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Exterior
Lot Features 6-10 Units/Acre
Water Source Public
Total Parking 22
Lot Size Area 14747
Number of Buildings 1
Building Area Total 8700
Lot Size Acres 0.3385
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 11
Number of Separate Electric Meters 11
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* Excluded Features
List By
Pat Swanson

Broker

pat.swanson@streamrealty.com

Email

Affordability Calculator

$23,356
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$23,356
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/23/2026$3,699,000 Listed Price

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331 Washington, Escondido, CA, 92025 is a Multi-Family Home for sale at $3,699,000 with 8,700 sqft and a lot size of 0.3385. 331 Washington is a studio with 1.0 baths and was built in 1988. The property's zip code is 92025 which is in Escondido, CA