Properties
Escondido, CA 92025 406 S Grape St
$1,300,000
12 more
Presented By: Andrew Valencia with Berkshire Hathaway HomeService; andrew@andrewvalencia.com
SQFT • 2,410
Garage • 3
Home Details
OWNER-USER GEM IN THE HEART OF DOWNTOWN ESCONDIDO – This well-maintained triplex lives like individual homes. Each unit features spacious layouts, large private yards both front and back, individual indoor laundry rooms, and attached garages. Recent upgrades include rerouted plumbing, new fencing, and fully separated SDG&E meters. Unit 426 has been extensively renovated with new hardwood floors, a complete kitchen and bath remodel, and modern finishes throughout. Current rents are below market: Unit 406 – $2,695, Unit 416 – $2,595, Unit 426 – $2,999, offering excellent upside potential. Located in a highly walkable area close to shopping, dining, and freeway access. Whether you're expanding your portfolio or seeking an owner-occupied opportunity, this high-demand triplex delivers stable income, long-term growth, and significant value-add potential.
Presented By: Andrew Valencia with Berkshire Hathaway HomeService; andrew@andrewvalencia.com
Interior Features for 406 S Grape St
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Common Walls1 Common Wall
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesIn Garage
Total Stories1
Other Rooms
Entry Level1
General for 406 S Grape St
Cap Rate6.04
CityEscondido
Community FeaturesBiking, Dog Park, Park, Sidewalks
CountySan Diego
DirectionsGoogle
Entry LocationStreet
Garage Spaces3
Garage Y/NYes
Gross Income86340
HOANo
HOA Fee$
Insurance Expense1500
Land Lease Y/NNo
Listing TermsCash, Conventional, 1031 Exchange
Lot Size Square Feet8756
Lot Size UnitsSquare Feet
MLS Area92025 - Escondido
Net Operating Income60438
Number Of Units Total3
Number of Units Leased3
Operating Expense25902
Pool FeaturesNone
PostalCityESCONDIDO
Property Attached Y/NYes
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot04223
Taxes$8,033
Trash Expense1031
Virtual TourClick here
Water Sewer Expense1529
Year Built1957
Year Built SourceAssessor
ZoningR-2:Minor Multiple
Exterior for 406 S Grape St
Building Area Total2410
Lot Size Acres0.201
Lot Size Area8756
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters1
Private PoolNo
SpaNo
Total Parking3
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
