About this home

Back on Market! Previous escrow canceled through no fault of the seller. Here's a rare opportunity to own a sought-after multi-residential income property in the thriving heart of Downtown Escondido. This two-story multifamily property features three separate units: two 1-bedroom units on the lower level and one 2-bedroom unit upstairs, offering strong rental appeal and an established income history. Seller has completed repairs and improvements based on items identified in a recent property inspection report. The inspection report, along with receipts/documentation for completed repairs, will be provided for review at the time of offer. The property is thoughtfully configured with a practical layout that maximizes privacy and functionality. Its two-story design provides separation between units, while fenced on-site parking adds convenience and security-an especially desirable feature in a downtown setting. The overall configuration supports consistent occupancy and appeals to tenants seeking comfortable living in a central location with easy access to everyday essentials. Ideally situated near shopping, restaurants, entertainment, and local services, the property benefits from its location in a vibrant and walkable neighborhood. Residents can enjoy nearby retail and dining options, along with convenient access to public transportation and major commuter routes. Located in a high-demand rental market, this property's functional layout, established tenancy, and tenant-friendly amenities present a compelling opportunity for investors seeking an income-producing multifamily asset with potential for future upside. Don't miss the opportunity to add this Downtown Escondido multifamily property to your investment portfolio.

Facts and features

Schools

• Central Elementary School

  elementary · K-5 · 0.5 mi

  4

• Escondido High School

  high · 9-12 · 1.5 mi

  5

• Del Dios Middle School

  middle · 6-8 · 1.6 mi

  4

• Summerhill School

  high · 9-12 · 0.2 mi

• Classical Academy High School

  high · 9-12 · 0.1 mi

  10

• Balboa School

  elementary · K-12 · 0.2 mi

Price history

• Oct 27, 2026 · Price Changed$875,000
• Oct 27, 2026 · Price Changed$875,000
• Oct 6, 2026 · Relisted$898,950
• Oct 6, 2026 · Relisted$898,950
• Oct 1, 2026 · Listing Removed—
• Oct 1, 2026 · Listing Removed—
• Aug 29, 2026 · Price Changed$898,950
• Aug 29, 2026 · Price Changed$898,950

Tax history

• 2025$967 tax · $82,659 assessed
• 2024$946 tax · $81,039 assessed
• 2023$923 tax · $77,894 assessed
• 2022$912 tax · $76,367 assessed
• 2021$898 tax · $74,870 assessed
• 2020$893 tax · $74,104 assessed
• 2019$872 tax · $72,652 assessed
• 2018$848 tax · $71,229 assessed

Home value

$798,000

• Collateral Analytics$798,000

Where it is