1935 E El Norte, Escondido, CA 92027

Escondido
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
1935 E El Norte,Escondido, CA 92027
$3,550,000
  • 3 Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: lee spence
Office: daum commercial re services
MLS#:IV25235623
Source:San Diego MLS via CRMLS

Price summary

  • Price:$3,550,000

About this home

This offering consists of five contiguous parcels located at the signalized southwest corner of E. El Norte Parkway and N. Midway Drive in Escondido, California. Together, the parcels total approximately 2.3 acres and include: Three single-family homes A 6,335 sq. ft. market/liquor store A 0.36-acre parcel of vacant land The properties are situated within the Commercial Neighborhood (CN) zoning district. The existing residential units are classified by the City as legal, non-conforming uses, meaning new residential construction would require a zone change. The four rented units currently generate approximately $14,700 per month in gross income, providing strong interim cash flow. This site occupies a unique position as a standalone commercial enclave surrounded by residential neighborhoods, giving it a near-monopoly advantage for local retail and service businesses within the immediate trade area. Additionally, the vacant parcel offers future development potential, and the scarcity

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Home facts

  • Listing ID #:IV25235623
  • Added:141 day(s) ago
  • Updated:February 28, 2026 at 03:31 AM

Rooms and interior

  • Bedrooms:3

Finances and disclosures

  • Price:$3,550,000
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