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664 N Fig St 2300415300
Escondido, CA, 92025
$1,750,000
Beds
0 Baths
SqFt
0.62 Acres
MLS #NDP2501314 img 0MLS #NDP2501314 img 1MLS #NDP2501314 img 2MLS #NDP2501314 img 3MLS #NDP2501314 img 4MLS #NDP2501314 img 5MLS #NDP2501314 img 6MLS #NDP2501314 img 7MLS #NDP2501314 img 8MLS #NDP2501314 img 9MLS #NDP2501314 img 10MLS #NDP2501314 img 11
Prime Multi-Family Development Opportunity in the Heart of Escondido, CA Entitled 15-Unit Multi-Family Project | Zoned R-3-18 | High-Demand Rental Market. (Potential for Density Bonus &#38' Incentives – Verify with City of Escondido)This 15-unit multi-family project is fully entitled and located just two blocks from premier shopping, dining, and major transportation corridors, offering developers a highly desirable location with strong rental demand. 15 Spacious Residential Units, (14) Three-Bedroom, Two-Bathroom Units and (1) Two-Bedroom, 2.5-Bathroom Unit. Average Unit Size: 1,365 Sq. Ft, Total Net Rentable Area: 20,482 Sq. Ft. Entitlements &#38' Development Progress: Over $350,000 invested in soft costs, entitlements, and permit fees, Class D wood-frame construction over a concrete first floor and approved for 3 stories with a maximum height of 35 feet. Nestled in North San Diego County, Escondido, California, is a thriving and dynamic community known for its affordable housing, vibrant arts scene, and outstanding quality of life. Conveniently situated along the I-15 corridor, Escondido provides direct access to downtown San Diego (30 miles south) and is a gateway to some of Southern California’s most sought-after recreational destinations. Growing Demand: Escondido’s rental market is strong and stable, driven by a mix of families, professionals, and retirees seeking larger, more affordable housing options compared to coastal cities. Economic Growth &#38' Infrastructure: Escondido is undergoing significant revitalization efforts, including improvements to its historic downtown district, increased investment in mixed-use developments, and transit-oriented projects that enhance long-term property value. This is a turnkey development opportunity in one of San Diego County’s most promising multi-family markets.

Property Details

Price:
$1,750,000
MLS #:
NDP2501314
Status:
Active
Baths:
0
Address:
664 N Fig St 2300415300
Type:
Land
Neighborhood:
92025escondido
City:
Escondido
Listed Date:
Feb 6, 2025
State:
CA
ZIP:
92025
Lot Size:
27,007 sqft / 0.62 acres (approx)
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Thank you for visiting my website. I am Leanne Lager. I have been lucky enough to call north county my home for over 22 years now. Living in Carlsbad has allowed me to live the lifestyle of my dreams. I graduated CSUSM with a degree in Communications which has allowed me to utilize my passion for both working with people and real estate. I am motivated by connecting my clients with the lifestyle of their dreams. I joined Turner Real Estate based in beautiful downtown Carlsbad Village and found …

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664 N Fig St 2300415300
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