Seller's Agent in 2025
Erik Anderson
Newmark of Southern California
(858) 395-6935
1 in this area
33 Total Sales
1316 E Grand Ave Escondido, CA 92027
Midway Neighborhood
3
Beds
3
Baths
19,363
Sq Ft
0.51
Acres
About This Home
As of April 2025Grandview 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.
Last Agent to Sell the Property
Newmark of Southern California License #01991182 Listed on: 02/03/2025
Last Buyer's Agent
Newmark of Southern California License #01991182 Listed on: 02/03/2025
Property Details
Home Type
- Multi-Family
Parking
- 22 Parking Spaces
Home Design
Interior Spaces
- 3 Bedrooms
- 19,363 Sq Ft Home
- 3-Story Property
Additional Homes
- Number of ADU Units: 1
Listing and Financial Details
- Total Actual Rent $48,000
Community Details
Overview
- 15 Units
Building Details
- 15 Leased Units
- Operating Expense $144,000
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/28/2025 04/28/25 | Sold | $7,225,000 | +288900.0% | $373 / Sq Ft |
| 04/07/2025 04/07/25 | Pending | -- | -- | -- |
| 03/05/2025 03/05/25 | Off Market | $2,500 | -- | -- |
| 02/11/2025 02/11/25 | Price Changed | $2,500 | 0.0% | $3 / Sq Ft |
| 02/11/2025 02/11/25 | For Rent | $2,500 | 0.0% | -- |
| 02/05/2025 02/05/25 | For Sale | $8,300,000 | 0.0% | $429 / Sq Ft |
| 02/04/2025 02/04/25 | Off Market | $2,400 | -- | -- |
| 01/23/2025 01/23/25 | Price Changed | $2,400 | -11.1% | $3 / Sq Ft |
| 08/12/2024 08/12/24 | Price Changed | $2,700 | +0.2% | $4 / Sq Ft |
| 05/09/2024 05/09/24 | Price Changed | $2,695 | +3.7% | $4 / Sq Ft |
| 03/17/2024 03/17/24 | Price Changed | $2,600 | -3.5% | $3 / Sq Ft |
| 01/09/2024 01/09/24 | For Rent | $2,695 | -- | -- |
Source: San Diego MLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $53,791 | $4,808,063 | $582,775 | $4,225,288 |
| 2024 | $53,791 | $4,713,789 | $571,349 | $4,142,440 |
| 2023 | $28,317 | $2,486,068 | $364,068 | $2,122,000 |
| 2022 | $16,775 | $1,456,930 | $356,930 | $1,100,000 |
| 2021 | $4,052 | $349,932 | $349,932 | $0 |
| 2020 | $4,028 | $346,344 | $346,344 | $0 |
| 2019 | $2,377 | $204,418 | $204,418 | $0 |
| 2018 | $2,312 | $200,410 | $200,410 | $0 |
| 2017 | $2,275 | $196,481 | $196,481 | $0 |
| 2016 | $2,232 | $192,629 | $192,629 | $0 |
| 2015 | $2,213 | $189,736 | $189,736 | $0 |
| 2014 | $2,122 | $186,020 | $186,020 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Erik Anderson
Map
Source: San Diego MLS
MLS Number: 250018218
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly
prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS.
Nearby Homes
- 1257 E Grand Ave Unit D
- 1332 Palomar Terrace
- 1380 Oak Hill Dr Unit 42
- 1380 Oak Hill Dr Unit 21
- 495 San Pasqual Valley Rd Unit 144
- 505 San Pasqual Valley Rd Unit 186
- 565 N Beech St
- 831 E 3rd Ave
- 831 E 3rd Ave Unit 8
- 1116 Circle Dr
- 1637 Oak Hill Dr
- 1040 E Washington Ave Unit 33
- 1040 E Washington Ave
- 1060 E Washington Ave Unit 5
- 1322 Loma de Paz
- 1020 E Washington Ave Unit 88
- 1010 E Washington Ave Unit 72
- 1010 E Washington Ave Unit 73
- 1711 Oak Hill Dr
- 818 E Washington Ave Unit B