Source:

This property is also listed for rent at $2,245/mo.

For Sale
Property Photo

$3,699,000

For Sale

331 E Washington Ave Apt F, Escondido, CA 92025

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Property Highlights

Residential Income

Property Type

Apartment

Sub Type

1988

Year Built

31

Days On Properkey

0.34

Lot (acres)

OC26160522

MLS #

CRMLS

MLS Source

Description

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.

Listed by Pat Swanson • DRE #01382974 • Pat Swanson

Contact: 213-864-2862

MLS #: OC26160522 •
Source: CRMLS

Property Features

Lot Features: 6-10 Units/Acre
Pool Features: None
Community: Sidewalks, Street Lights, Suburban, Urban, Curbs

Utilities

Nearby

Active Pending Closed Rental

School information not available for this property.

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All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-08-24 07:50:48 PST. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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