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Investment Highlights

  • Expired Tentative Parcel Map for 125 Units
  • City has lifted requirements for street level retail
  • JV possible with Seller ending up with ownership position after completion
  • Potential for 240 Units (Podium)
  • Utilities all on site

Executive Summary

Seller will not tie up property long-term to obtain entitlements. JV possible with seller ending up with ownership position after completion.

Property Facts

Price $13,676,800 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Multifamily
Total Lot Size 2.75 AC
Zoning C

1 Lot Available

Lot

Lot Size 2.75 AC

Available now.

Description

Expired tentative parcel map for 125 units. Potential for 240 units (Podium). City has lifted requirements for street level retail. Utilities all on site. Seller will not tie up property long-term to obtain entitlements. JV possible with Seller ending up with ownership position after completion.

Very walkable
80/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 233-150-21
  • 233-150-22
  • 233-150-20
Land Assessment
$6,336,369 CAD
Improvements Assessment
$0 CAD
Total Assessment
$6,336,369 CAD
  • Listing ID: 29801837

  • Date on Market: 2023-10-16

  • Last Updated:

  • Address: 444-472 S Escondido Blvd, Escondido, CA 92025

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