Exceptional Multifamily Investment Opportunity in North San Diego County

THE OFFERING

South Coast Commercial is proud to present The Cambria Townhomes (the “Property”), a stabilized five-unit multifamily property in Escondido’s Midway submarket. Situated on a 0 35-acre R3-zoned lot with 4,267 SF of rentable space, the Property features a mix of renovated townhomes and flats with modern finishes and in-unit laundry. Recent capital improvements, including new roofing and fascia completed in December 2023, enhance long-term durability and performance. The Property benefits from a RUBS program for utility cost recovery, offering immediate operational efficiency in a high-demand rental corridor. Its walkable location near shopping, schools, and transit, along with quick access to I-15 and Highway 78, adds strong tenant appeal. This turnkey asset provides investors with stable income in one of North San Diego County’s most active suburban markets.

PROPERTY DESCRIPTION

The Cambria Townhomes is a 5-unit multifamily asset located in Escondido’s dynamic Midway submarket, a region known for rental strength and transit access. Built in 1973, the Property offers five spacious units across approximately 4,267 square feet on a 0.35-acre R3-zoned lot. It features durable construction and room for operational upside. Four of the units have been extensively renovated with quartz countertops, luxury vinyl plank flooring, dual-pane windows, upgraded patio fencing, and in-unit washer/dryers. In December 2023, ownership completed major capital improvements, including new roofing and fascia for both the main building and carports. The Property operates under a RUBS (Ratio Utility Billing System) program, allowing for partial recovery of water, sewer, and trash expenses while improving operational efficiency. Its location is highly walkable – just steps from three shopping centers, several public schools, and minutes from the Escondido Transit Center – making it attractive to a wide range of tenants. With updated interiors, efficient operations, and proximity to key amenities, Cambria Townhomes presents a compelling opportunity for investors seeking immediate income and long-term stability in one of North San Diego County’s most active suburban markets.