664 N Fig St, Escondido, CA 92025 - Berkshire Hathaway HomeServices California Properties
664 N Fig St Escondido, CA 92025
$1,750,000 0 beds, 0 baths
0 sqft

Agent Remarks

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.

Listing Details

Property type: (Lots/Land)
Status: Active
MLS# NDP2501314
List price is $1,750,000
HOA Fee is $0.00
Beds: 0
Baths: 0
0.62 acres
Lot size: 0.6200
County: San Diego
Zoning: R-3 Restricted Multiple
Lot description: Value In Land
MLS area: 92025 - Escondido

Last Updated: 2/10/2025

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This listing belongs to the 92025 - Escondido MLS area

Lat/Long: 33.131218, -117.076126.
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Listing Agent: Jeff Kane
Lic#: 01801928
Office Name: Sherman Oaks

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