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Sold for $7,225,000
  • $7,225,000

    1316 E Grand Ave #8dc56e447, Escondido, CA 92027

    3beds
    3baths
    19,363sqft
    Multi Family
    Built in ----
    -- sqft lot
    $7,223,200 Zestimate®
    $373/sqft
    $2,861 Estimated rent

    Home value

    $7,223,200

    $6.65M - $7.87M

    $2,861/mo

    Zestimate® history
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    $2,861/mo

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    $45,701/mo

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    What's special

    Grandview Escondido presents a prime opportunity to acquire a newly constructed (2023), fully leased 15-unit multifamily asset in the heart of Escondido. Strategically located within the I-15 and Highway 78 corridor, the property benefits from immediate access to retail, dining, and essential services. Escondido is a rapidly growing submarket within North San Diego County, boasting a strong employment base, top-tier education institutions, and a diverse population. The city offers a competitive rental market with favorable occupancy trends, making Grandview an ideal investment for long-term appreciation and income growth. 1-YEAR "MASTER-LEASE" WITH SELLER Upon transfer of the property, seller will enter into a no-cost one-year management agreement and guarantee rents of $48,000/ monthly to the benefit of the buyer. To be further defined, contact broker for additional information.

    Zillow last checked:

    Listing updated:

    Listed by:

    Erik M Anderson DRE #01991182 858-395-6935,

    Newmark of Southern California

    Bought with:

    Erik M Anderson, DRE #01991182

    Newmark of Southern California

    Source: SDMLS,MLS#: 250018218MLS LogoOriginating MLS: SDMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    Interior area
    • Total structure area: 19,363
    • Total interior livable area: 19,363 sqft

    Property

    Parking
    • Total spaces: 22
    Features
    • Stories: 3
    Lot
    • Size: 0.51 Acres
    Details
    • Parcel number: 23023014

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family

    Community & HOA

    Community
    • Features: Other/Remarks
    Location
    • Region: Escondido

    Financial & listing details

    • Price per square foot: $373/sqft
    • Date on market: 2/5/2025
    • Total actual rent: 48000

    Price history

    DateEventPrice
    9/16/2025Listing removed$2,995+8.9%
    Source: Zillow Rentals Report a problem
    9/14/2025Price change$2,750-1.6%
    Source: Zillow Rentals Report a problem
    9/14/2025Price change$2,795-5.3%
    Source: Zillow Rentals Report a problem
    9/12/2025Price change$2,950+9.5%
    Source: Zillow Rentals Report a problem
    9/2/2025Price change$2,695+3.9%
    Source: Zillow Rentals Report a problem
    8/30/2025Price change$2,595+4%
    Source: Zillow Rentals Report a problem
    8/22/2025Price change$2,495-4%
    Source: Zillow Rentals Report a problem
    8/22/2025Price change$2,600-13.2%
    Source: Zillow Rentals Report a problem
    8/15/2025Price change$2,995+17.5%
    Source: Zillow Rentals Report a problem
    8/15/2025Price change$2,550-12.1%
    Source: Zillow Rentals Report a problem
    8/12/2025Price change$2,900-1.7%
    Source: Zillow Rentals Report a problem
    8/12/2025Price change$2,950-1.7%
    Source: Zillow Rentals Report a problem
    8/12/2025Price change$3,000-3.2%
    Source: Zillow Rentals Report a problem
    8/6/2025Price change$3,100+19.5%
    Source: Zillow Rentals Report a problem
    6/28/2025Price change$2,595-5.6%
    Source: Zillow Rentals Report a problem
    6/25/2025Price change$2,750+48.6%
    Source: Zillow Rentals Report a problem
    6/6/2025Price change$1,850-7.5%
    Source: Zillow Rentals Report a problem
    5/22/2025Price change$2,000-29.8%
    Source: Zillow Rentals Report a problem
    5/22/2025Price change$2,850+32.6%
    Source: Zillow Rentals Report a problem
    5/16/2025Price change$2,150-6.3%
    Source: Zillow Rentals Report a problem
    5/12/2025Price change$2,295-24.8%
    Source: Zillow Rentals Report a problem
    5/6/2025Price change$3,050+24.5%
    Source: Zillow Rentals Report a problem
    5/2/2025Price change$2,450-24.6%
    Source: Zillow Rentals Report a problem
    5/1/2025Listed for rent$3,250
    Source: Zillow Rentals Report a problem
    4/28/2025Sold$7,225,000$373/sqft
    Source: SDMLS #250018218 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 92027

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $7,223,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $7,223,200