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$1,875,000
63 Days On Site

318 E Washington Avenue
Escondido, CA 92025

For Sale|Residential Income|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt

Built
County:
San Diego
Listed by Austin Huffman of Marcus & Millichap 8583733100
Call Now: 858-289-2377
Is this the home for you? We can help make it yours.
858-289-2377
318 E Washington Avenue318 E Washington Avenue318 E Washington Avenue318 E Washington Avenue
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Monthly Payment (Est.)

$8,555
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

Zorbas, Huffman, & Partners of Marcus & Millichap are pleased to present 318 E Washington Ave., a 6-unit multifamily asset located in Escondido, California, near Escondido’s historic downtown district and Escondido Transit Center. The property is comprised of (6) two-bedroom / one-bathroom floorplans averaging 720 square feet of living area. The property features ample parking with a mix of carports and open spaces. The site orientation is ideal, residents enjoy quick access to countless restaurants, cafes, museums, salons, spas, entertainment, shopping, and neighborhood amenities. With proximity to the Escondido Transit Center, the downtown district and Grand Avenue corridor are centered around Smart Growth initiatives by SANDAG and the City of Escondido, intended to enhance the area by encouraging transit-oriented land uses and future developments. The Grand Avenue Vision Project is a $15 million community-driven objective underway to enhance the corridor with widened sidewalks, improved parking, expanded outdoor dining space, new lighting, and a new Charity Arch over Grand Avenue that befittingly showcases the vibrant neighborhood and transit gateway. With an upward trajectory of activity in the submarket, along the 78 Corridor & North I-15, demand for multifamily is increasing. The submarket boasts a strong employment base that continues to diversify, bringing new residents and attractive rents. Notably, Apple purchased 67-acres in Rancho Bernardo that will likely be used for chip manufacturing.

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Listing Snapshot
Price 
$1,875,000
Days On Site 
63 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
N/A
MLS® Number 
240025134
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
2 months agoStatus changed to Active
2 months agoPrice changed to $1,875,000
2 months agoListing first seen on site
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Listed by Austin Huffman of Marcus & Millichap 8583733100



This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Copyright © 2024 San Diego MLS®.

Data last update at 2024

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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