858-525-5007

331 Washington, Escondido CA 92025 | $3,699,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 14747 Lot Sq Ft
  • Type: Apartment
  • Stories: 2
  • Year Built: 1988
  • MLS#: OC26160522
  • Community: 92025 - Escondido

Listing provided courtesy of Pat Swanson of Pat Swanson. Last updated 2026-07-25 08:11:12.000000. Listing information © 2025 SANDICOR.

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.

More Details

0.34 Acres
2 Stories

David Piper​

Call or Text: 858-525-5007

DRE# 02021985