Property Detail

Description

This property features a favorable unit mix, including two 3BD/2BA units and one 2BD/1BA unit. The asset offers immediate cash flow with additional upside potential through garage conversions and strategic renovations. Roof was replaced in 2020 and sellers have made recent upgrades to plumbing throughout. All units have scheduled increases of 8% in the coming months. 209 (to $2,800 as of 5/1) 860 Ohio (to $2,350 as of 6/1) 215 (to $2,900 as of 7/1). Positioned in central Escondido, a rapidly developing neighborhood, 209-15 N Date St benefits from strong tenant demand, proximity to key employment hubs like Palomar Health and Stone Brewing, and a walkable environment with nearby public spaces and amenities such as Grape Day Park and the California Center for the Arts.