• Strong San Diego Location | 3 Minute Walk to Downtown Escondido • 10 Units + Non-Conforming Studio (with city approved plans to legalize) • All Units Recently Renovated (2024-2025) • 1988 Construction • 5.56% Current CAP Rate • 90 Walk Score – Just 0.5 Miles from Downtown Escondido • $103,000 Average Household Income • Homeownership Costs are more than Double Apartment Rents in this ZIP • No Local Rent Control • Previously Approved Plans for Two (2) ADUs • (1) Conversion of 245 SF Laundry Area w/ current bathroom • (2) 287 SF Second-Floor Non-Conforming Unit (Currently Leased)