664 N Fig St, Escondido, CA 92025

Property Description

Major Price Improvement! Prime Multi-Family Development Opportunity in the Heart of Escondido, CA. Entitled 15-Unit Multi-Family Project | Zoned R-3-18 | High-Demand Rental Market. (Potential for Density Bonus & Incentives – Verify with City of Escondido)This 15-unit multi-family project is fully entitled and located just two blocks from premier shopping, dining, and major transportation corridors, offering developers a highly desirable location with strong rental demand. 15 Spacious Residential Units, (14) Three-Bedroom, Two-Bathroom Units and (1) Two-Bedroom, 2.5-Bathroom Unit. Average Unit Size: 1,365 Sq. Ft, Total Net Rentable Area: 20,482 Sq. Ft. Entitlements & Development Progress: Over $350,000 invested in soft costs, entitlements, and permit fees, Class D wood-frame construction over a concrete first floor and approved for 3 stories with a maximum height of 35 feet. Nestled in North San Diego County, Escondido, California, is a thriving and dynamic community known for its affordable housing, vibrant arts scene, and outstanding quality of life. Conveniently situated along the I-15 corridor, Escondido provides direct access to downtown San Diego (30 miles south) and is a gateway to some of Southern California's most sought-after recreational destinations. Growing Demand:

Listing Status:

Active

Date Added:

February 23, 2026

Data Last Updated:

April 5, 2026 at 6:09PM

Listing Office:

Coldwell Banker West : 619-271-9500

Listing Agent:

Jeff Kane : 760-518-4900

MLS ID:

CRNDP2601724

Location

• HOA Amenities: 0.0
• Originating MLS: CRMLS
• County: San Diego

Lot

• Zoning: R-32300415300
• View: Other

Utilities

• Utilities: Water/Sewer See Remarks

Financial

• Source: CRMLS