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Lot/land
  • Listing Provided by: 

    Jeff Kane DRE #01915649 619-737-2126,

    Coldwell Banker West

    $1,750,000

    664 N Fig St, Escondido, CA 92025

    --beds
    --baths
    0.62Acres
    Unimproved Land
    Built in ----
    0.62 Acres Lot
    $695,200 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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 & 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 & 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 & 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.
    94 days
    on Zillow
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    53
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    Zillow last checked: 7 hours ago

    Listing updated: February 10, 2025 at 12:59pm

    Listing Provided by:

    Jeff Kane DRE #01915649 619-737-2126,

    Coldwell Banker West

    Source: CRMLS,MLS#: NDP2501314MLS LogoOriginating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
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    Facts & features

    Interior

    Video & virtual tour

    Property

    Features
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 0.62 Acres
    • Features: Value In Land
    Details
    • Parcel number: 2300415300
    • Zoning: R-3 Restricted Multiple
    • Special conditions: Standard

    Utilities & green energy

    • Water: See Remarks

    Community & HOA

    Community
    • Features: Curbs, Suburban
    Location
    • Region: Escondido

    Financial & listing details

    • Tax assessed value: $394,718
    • Annual tax amount: $4,532
    • Date on market: 2/10/2025
    • Listing terms: Cash,Conventional
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