664 N Fig St, Escondido, CA 92025
Local realty services provided by:Better Homes and Gardens Real Estate Registry
664 N Fig St,Escondido, CA 92025
$1,650,000
- 0 Acres
- Lots / Land
- Active
Listed by:jeff kane
Office:coldwell banker west
MLS#:NDP2501314
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,650,000
About this home
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 (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.
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Home facts
- Listing ID #:NDP2501314
- Added:230 day(s) ago
- Updated:September 29, 2025 at 01:51 PM
Finances and disclosures
- Price:$1,650,000
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