| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 75th | Fair |
| Demographics | 23rd | Poor |
| Amenities | 48th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1960 E Grand Ave, Escondido, CA, 92027, US |
| Region / Metro | Escondido |
| Year of Construction | 1977 |
| Units | 41 |
| Transaction Date | 2020-04-10 |
| Transaction Price | $34,700,000 |
| Buyer | GETTING FATTER SD LP |
| Seller | SUBSIDIARIA DE SAN OCTAVIO LLC |
Prime Investment Opportunity in Growing Market
Discover attractive rental yields and capital appreciation potential in this strategically positioned property market
This established neighborhood offers investors a compelling combination of residential stability and growth potential. The area features a diverse mix of housing stock, from single-family homes to multi-unit properties, providing multiple investment strategies.
Local amenities include shopping centers, parks, and recreational facilities that contribute to tenant retention and property desirability. The neighborhood's mature infrastructure and established community character typically support steady rental demand.
Transportation connectivity provides residents with convenient access to employment centers and urban amenities, which can be favorable factors for maintaining occupancy rates and supporting property values over time.
Property investors often consider neighborhood safety as a key factor in tenant attraction and retention. This area maintains community-oriented characteristics that many residents find appealing.
Local law enforcement presence and community engagement programs contribute to the overall residential environment. Well-maintained public spaces and active neighborhood associations often indicate community investment in maintaining property standards.
When evaluating any investment property, investors typically research local crime statistics and community safety initiatives as part of their due diligence process to assess long-term investment viability.
The local employment landscape includes a mix of industries that can provide stability for rental markets. Healthcare systems, educational institutions, and service sector employers often contribute to consistent employment in the area.
Regional business parks and commercial districts within commuting distance offer additional employment opportunities for potential tenants. This employment diversity can help support rental demand across different economic cycles.
Investors often analyze local employment trends and major employer stability when assessing rental market fundamentals and long-term tenant demand in their investment decisions.
This market presents several characteristics that investment-focused buyers often find attractive. The combination of established neighborhood infrastructure and ongoing development activity can create favorable conditions for both rental income and property appreciation.
Rental market fundamentals appear supportive, with steady tenant demand driven by local employment opportunities and the area's residential appeal. Property management companies report generally stable occupancy rates in similar neighborhoods.
For investors seeking portfolio diversification, this market offers exposure to a growing regional economy with multiple demand drivers. The property types available provide flexibility for different investment strategies, from single-family rentals to small multi-unit buildings.
Local market conditions suggest potential for both current income generation and long-term capital appreciation, though investors should conduct thorough due diligence on specific properties and market trends.