11,000 sqft

$3,700,000

1935 E El Norte, Escondido CA, 92027

Price per sqft$336.36

Built in1940

Property size11,000 sqft

Property typeResidential

Bought with LEE SPENCE with DAUM COMMERCIAL RE SERVICES and Listed by LEE SPENCE CA DRE# 00954487 with DAUM COMMERCIAL RE SERVICES 909-969-8800

Overview

Sold

Closed

Listed Oct 8, 2025

Updated 4 weeks ago

This offering consists of five contiguous parcels located at the signalized southwest corner of E. El Norte Parkway and N. Midway Drive in Escondido, California. Together, the parcels total approximately 2.3 acres and include: • Three single-family homes • A 6,335 sq. ft. market/liquor store • A 0.36-acre parcel of vacant land The properties are situated within the Commercial Neighborhood (CN) zoning district. The existing residential units are classified by the City as legal, non-conforming uses, meaning new residential construction would require a zone change. The four rented units currently generate approximately $14,700 per month in gross income, providing strong interim cash flow. This site occupies a unique position as a standalone commercial enclave surrounded by residential neighborhoods, giving it a near-monopoly advantage for local retail and service businesses within the immediate trade area. Additionally, the vacant parcel offers future development potential, and the scarcity of commercial zoning in this area positions the property for strong long-term appreciation

Additional information

MLS^® ID: IV25235623

Interior Features

Basement: No

Exterior Features

Lot Size: 2.3 Acres

Other Property Details

Garage: Yes
55+/Senior Community: No

Bought with LEE SPENCE with DAUM COMMERCIAL RE SERVICES and Listed by LEE SPENCE CA DRE# 00954487 with DAUM COMMERCIAL RE SERVICES 909-969-8800

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/25/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 8/25/2026 at 1:50 AM UTC Last Checked: 1:50 AM UTC