$2,749,000
NEW CONSTRUCTION $100K PRICE DROP

Estimated payment $15,420/month

Total Views 3,775
8 Beds
8 Baths
3,784 Sq Ft
$726 Price per Sq Ft

Highlights

  • New Construction
  • Traditional Architecture
  • High Ceiling
  • Open Floorplan
  • Main Floor Bedroom
  • Quartz Countertops

About This Home

**2025 CONSTRUCTION** Turnkey 4 plex in central Escondido! 2 separate buildings with all 4 units of 2 bed/2 bath each on oversized 10,018 sq ft lot. Features include 8' & 9' interior doors, Milgard windows, recessed lighting, central heat + AC and in-unit washer/dryers. They come with stainless steel appliances, tankless water heaters and private outdoor storage for all units. The upstairs units have large balconies off the back bedroom and the downstairs have covered patios opening into the back yard. 8 total parking spaces with 4 steel covered carports and 4 additional open spaces. The property is also in process of having solar installed, further reducing expenses. Central location near Downtown Escondido with access to many local amenities such as San Diego Zoo Safari Park, popular breweries & wineries, rec centers, parks, schools, shopping & restaurants. Perfect for an investor, 1031 exchange or someone looking for immediate income on a low maintenance property!

Listing Agent

Joseph Smylie

First Team Real Estate Brokerage Phone: 619-621-8707 License #01844159 Listed on: 07/31/2025

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,692

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 10,018 Sq Ft Lot
  • 1 Common Wall
  • Vinyl Fence
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Front and Back Yard Sprinklers
  • Private Yard

Home Design

  • Traditional Architecture
  • Modern Architecture
  • Quadruplex
  • Fire Rated Drywall
  • Composition Roof
  • Asphalt
  • Stucco

Interior Spaces

  • 3,784 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Double Pane Windows
  • Window Screens
  • Sliding Doors
  • Living Room
  • Storage
  • Laminate Flooring

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 8 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Detached Carport Space
  • Parking Available
  • Private Parking
  • Paved Parking
  • Parking Lot

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 16 / 149
  • Tax Tract Number 349
  • Assessor Parcel Number 2292200700
  • $26 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • North Escondido Subdivision

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,692

Year Built

Built in 2025 | New Construction

Lot Details

0

Listing Details

  • Structure Type: Quadruplex
  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: North Escondido
  • View: No
  • Zoning: R3
  • Architectural Style: Modern, Traditional
  • New Construction: Yes
  • Property Sub Type: Quadruplex
  • Property Type: Residential
  • Parcel Number: 2292200700
  • Year Built: 2025
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 3784.00 Square Feet
  • Interior Amenities: High Ceilings, Open Floorplan, Quartz Counters, Storage
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 8
  • Three Quarter Bathrooms: 4
  • Total Bedrooms: 8
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 726.48
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom
  • Window Features: Double Pane Windows, Screens
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • Other Structures: Storage
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Vinyl
  • Patio And Porch Features: Concrete, Covered, Patio
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Asphalt, Drywall Walls, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Detached Carport, Covered, Paved, Parking Space, Private

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas & Electric Range, Gas Cooktop, Refrigerator, Tankless Water Heater
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Closet, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Park, Sidewalks, Street Lights

Schools

  • School District: Escondido Union

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Rectangular Lot, Level, Sprinklers In Front, Sprinklers In Rear, Walkstreet, Yard
  • Lot Size Sq Ft: 10018.00
  • Lot Size Acres: 0.2300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10018.0000 Square Feet
  • Number Of Units Total: 4

Tax Info

  • Tax Block: 149
  • Tax Census Tract: 202.14
  • Tax Lot: 16
  • Tax Tract Number: 349
  • TaxOtherAnnualAssessmentAmount: 26.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $6,692 $596,700 $596,700 --
2024 $6,692 $585,000 $585,000 --
2023 $3,099 $270,504 $270,504 $0
2022 $3,066 $265,200 $265,200 $0
2021 $845 $71,228 $71,228 $0
2020 $841 $70,498 $70,498 $0
2019 $821 $69,116 $69,116 $0
2018 $799 $67,761 $67,761 $0
2017 $786 $66,433 $66,433 $0
2016 $744 $62,753 $62,753 $0
2015 $738 $61,811 $61,811 $0
2014 $708 $60,601 $60,601 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 Price Changed $2,749,000 -3.5% $726 / Sq Ft
07/31/2025 07/31/25 For Sale $2,849,000 -- $753 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $585,000 Western Resources Title
Quit Claim Deed -- Accommodation
Interfamily Deed Transfer -- Western Resources Title Co
Grant Deed $260,000 Western Resource Title Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Gift Deed -- --
Gift Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $409,500 New Conventional
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25171892

California Regional Multiple Listing Service (CRMLS)

APN: 229-220-07