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752 W 9th Ave
Escondido, CA 92025
Multifamily Property For Sale
·
4 Units
Investment Highlights
- NEW CONSTRUCTION
- Spacious Foorplans, High End Fixtures/Finishes
- Washer/Dryers in Unit
- Great Mix of 2 - 3bed/2ba's, 1 - 2bed/1ba & 1 - 1bed/1ba Units
- Strong Cashflowing Asset
- Prime Escondido Location
Executive Summary
We're pleased to present 752 W 9th Ave, Escondido. The subject property consists of four (4) total units; two (2) ground up new construction structures comprising of 2 - 3bed/2bath units and a 2bed/1bath with a completely remodeled detached third structure - 1bed/1bath at the rear of the lot. The units have spacious floorplans with high ceilings, washer/dryers in unit, mini-splits, brand new appliances, recessed lighting and high end finishes. The 2nd story 2bed/1ba has a spacious front deck with mountain views and the 3bed/2ba a spacious front yard for the tenants and guests to enjoy. No expense was spared on this build and that is reflected in the quality of both the interiors and exteriors of the units. This is a turn key asset that would make a great investment opportunity for a buyer seeking a strong cash-flowing asset with little to no maintenance needed over the coming years and/or an owner/user that can occupy a unit and supplement the rental income from the other three units to pay the mortgage.
The property is extremely well located a few minutes from the freeway within close proximity to major employment hubs off Centre City Parkway. The region is quickly gentrifying as a central location with a strong tenant base due to the great schools, places of employment, proximity to city transit and restaurant/entertainment venues.
Please do not walk on property or disturb tenants. Please contact agent Cameron Ebrahimi for showing instructions.
The property is extremely well located a few minutes from the freeway within close proximity to major employment hubs off Centre City Parkway. The region is quickly gentrifying as a central location with a strong tenant base due to the great schools, places of employment, proximity to city transit and restaurant/entertainment venues.
Please do not walk on property or disturb tenants. Please contact agent Cameron Ebrahimi for showing instructions.
Property Facts
| Price Per Unit | $609,851 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 6.03% | Lot Size | 0.14 AC |
| Gross Rent Multiplier | 12.7 | Building Size | 2,700 SF |
| No. Units | 4 | Average Occupancy | 25% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2025 |
| Zoning | R-1-7 - Single Family-Residential Zoning | ||
| Price Per Unit | $609,851 CAD |
| Sale Type | Investment |
| Cap Rate | 6.03% |
| Gross Rent Multiplier | 12.7 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.14 AC |
| Building Size | 2,700 SF |
| Average Occupancy | 25% |
| No. Stories | 2 |
| Year Built | 2025 |
| Zoning | R-1-7 - Single Family-Residential Zoning |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Kitchen
- Ice Maker
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
- Yard
- Double Pane Windows
- Framed Mirrors
- Freezer
- Handrails
- Instant Hot Water
- Island Kitchen
- Smoke Free
- Vinyl Flooring
- Large Bedrooms
- Quartz Countertops
Site Amenities
- Individual Locking Bedrooms
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $2,956 CAD | - |
| 2+2 | 1 | $3,397 CAD | - |
| 3+2 | 2 | $4,824 CAD | - |
Property Taxes
| Parcel Number | 233-331-14 | Improvements Assessment | $194,065 CAD |
| Land Assessment | $554,472 CAD | Total Assessment | $748,537 CAD |
Property Taxes
Parcel Number
233-331-14
Land Assessment
$554,472 CAD
Improvements Assessment
$194,065 CAD
Total Assessment
$748,537 CAD
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