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331 Washington

Escondido, CA 92025
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$3,699,000 $15,595/Mo
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Bed 2

Bed

Bath 2

Bath

SqFt14,747

Sqft(Lot)

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.

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $3,699,000

AD Id : 88297331

MLS Id : OC26160522

Beds : 2

Lot Size : 14,747 Sqft

Year Built : 1988

County : San Diego

Subdivision: Lauderdale

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Feature Features

  • Building Information

    Year Built: 1988
    Building Area Total: 8700
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 14747 Lot Size Acres: 0.3385 Lot Size Source: Assessor Lot Size Square Feet: 14,747 Lot Description: SixToTenUnitsAcre

    Property Information

    Subdivision: East Escondido Source Property Type: ResidentialIncome Property SubType: Apartment Property Age: 38

  • Listing Price Information

    Listing Price: $3699000
    CashToNewLoan

  • Tax Information

    Parcel Number: 2293107500 Tax Lot: 0

  • Parking Information

    Parking Total: 22

  • Location Information

    Direction: Google Maps Please WaterSource: Public
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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/26/2026 @ 02:11

MLS: OC26160522 LISTED BY: Pat Swanson, Pat Swanson 949-724-5564 SOURCE: CRMLS

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