850 E Washington Ave.
Escondido, CA 92025
$3,100,000
Excellent cash flow at in-place rents (5.8% cap rate). Room to increase income. Large units consisting of mostly 2 bed, 2 bath 1,000 sf units. 10 garages generating additional income. Additional 19 parking on-site spaces. ADU potential. 9 of 10 units remodeled. Please drive by discreetly without disturbing tenants or management.
| Listing Id: | 260026771 |
|---|---|
| List Price: | $3,100,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Com-Res Income |
| Status: | Active |
| Bedrooms Total: | 18 |
| Bathrooms Full: | 18 |
| Living Area: | 9,617 |
| Waterfront?: | No |
| City: | Escondido |
| County Or Parish: | San Diego |
| Postal Code: | 92025 |
| Year Built: | 0 |
| Number Of Units Total: | 10 |
| Structure Type: | Apartment |
| Basement: | false |
| Bathrooms Total Integer: | 18 |
| Building Area Total: | 9,617.0 |
| Building Area Units: | Sqft |
| Feed Types: | IDX |
| Construction Materials: | Part Landscaped |
| Levels: | 2 Story |
| Living Area Units: | Sqft |
| Lot Size Units: | Acres |
| MLS Area Major: | North County |
| Parcel Number: | 2300520400 |
| Parking Features: | Garages, Spaces |
| Photos Change Timestamp: | 2026-11-10T21:58:22Z |
| Roof: | Tar & Gravel |
| Special Listing Conditions: | N/K |
| State Or Province: | CA |
| Stories: | 2 |
| Sdmls Area Zip: | ESCONDIDO (92025) |
| Sdmls Lvt Date: | 2026-11-10 |
| Original List Price: | $3,100,000 |
| Sale Or Rent: | For Sale |
| Sdmls Status Detail: | 0 |
| Existing Financing: | Conventional |
| Building Area Source: | Buyer to Verify |
| Listing Terms: | Cash, Cash to New Loan |
| Sdmls Internet Address: | 850 E Washington Ave. |
| Operating Expense: | $86,329 |
| Sdmls Have: | 10 Large Units + 10 Gar |
| Sdmls Unit Rent1: | 2200 |
| Sdmls Unit Rent2: | 1775 |
| Sdmls Proj Gross Multiplier: | 10.1 |
| Sdmls Proj Gross Operating Inc: | 294048 |
| Sdmls Proj Operating Expense: | 87736 |
| Sdmls Projected Net Income: | 206312 |
| Sdmls Motive Want: | Sale |
| Gross Scheduled Income: | $275,544 |
| Number Of Buildings: | 2 |
| Sdmls Numof Units1: | 8 |
| Sdmls Numof Units2: | 2 |
| Sdmls Max Search Price: | 3,100,000 |
| Sdmls Price Unit: | 310,000 |
| Total Actual Rent: | $22,962 |
| Sdmls Age: | 1,972 |
| Parking Total: | 19 |
| Sdmls Geo Update Timestamp: | 2026-11-10T21:58:22.6 |
| Sdmls Full Address: | 850 E Washington Ave. |
| Sdmls Pp Insta: | https://www.propertypanorama.com/instaview/snd/260026771 |
| Showing Requirements: | With Accepted Offer |
| On Market Date: | 2026-11-10 |
Listing Courtesy of: Ray Adams Investment RE Inc
Listing Agent: Ray Adams
619-884-5456
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© 2026 San Diego MLS.
San Diego MLS data last updated on November 11, 2026 07:00 AM - PT.
Property Last Updated: November 11, 2026 07:00 AM - PT
