4 Acres in Escondido, CA - $1,200,000
ZONED R5 within Escondido's up and coming South Centre City specific plan! This is a prime development opportunity to build multi-unit apartments and is located in the heart of downtown Escondido! The home is currently a 3 bedroom 1.5 bath situated on a very buildable corner lot and offers a walkers paradise score of 90 close to everything including schools, shopping, restaurants, public transportation, movie theatre, historic Escondido and more! Tenant occupied with cash flow investment fully leased month to month. The almost 7,300 sqft lot has an easy access alley way and plenty of street parking. Summary of permitted land uses is South Orange St District Urban V. See attached. and supplement
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