401 Idaho Ave, Escondido CA 92025 | $1,599,000

401-07 Idaho Ave is a turnkey 4-unit multifamily asset sitting on a rare 0.7-acre lot in one of San Diego’s most resilient and sought-after North County rental submarkets. The property features a highly desirable unit mix consisting of (1) 3-bed / 2-bath, (1) 3-bed / 1-bath, (1) 2-bed / 1-bath, and a (1) 1-bed / 1-bath. Each unit is outfitted with premium finishes, new stainless steel appliances, and in-unit washer/dryers, designed to appeal to high-quality tenants and command top-of-market rents. The asset is further enhanced with upgraded electrical, new roofs, and plumbing, dramatically minimizing long-term risk and capex making this a secure long-term investment. Positioned in a high-demand, high-rent-growth corridor, 401-07 Idaho Ave offers investors an upgraded, low-maintenance property with exceptional design, modern construction quality, and strong in-place income. With continued appreciation potential and minimal capital improvement needs, this is a rare opportunity to acquire a stabilized asset in a core San Diego location.

More Details