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740-750 S Escondido Blvd
Escondido, CA 92025

$1,650,000 USD

Storefront Retail Residential For Sale • 6,800 SF

Property Details

Property Type Storefront Retail Residential
Total Building Size 4,868 SF
Building Class C
Year Built 1953
Cap Rate 5.65 %
Tenancy Multiple
Zoning CG, Escondido

45 Transit Score

89 Walk Score

                
                    Highlights
                
                                Mixed-use property: Built in 1953, featuring 5 apartment units and 2 retail units across 6,692 sq. ft.
                            
                                RUBS income: Currently collecting additional revenue through a Ratio Utility Billing System (RUBS).
                            
                                Income potential: Immediate opportunities to generate additional revenue from laundry and garage rentals.
                            
                                ADU potential: Opportunity to convert the two retail units back into apartment units and garages into ADUs for extra income.
                            
                                Possible to convert the existing retail into multi-family
                            
                                Parking & storage: Includes two two-car garages, a one-car garage, and ample off-street parking.

Financial Summary (Actual)

Net Operating Income: $93,147 USD (2024)

Cap Rate:	5.65 %
Total Expenses:	$58,397 USD

Amenities

Courtyard
Signage
Wheelchair Accessible

Public Transportation

Transit/Subway	Drive	Walk	Distance
Escondido Transit Center (Sprinter - San Diego North County Transit District (Coaster/Sprinter/Breeze))	3 min	19 min	1.0 mi
Airport	Drive	Walk	Distance
San Diego International	38 min	-	29.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Bill Anderson 760-230-8015 ACRE Investment Real Estate Services

740-750 S Escondido Blvd Escondido, CA 92025