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32026884
32026882

2200 Felicita Road, Escondido, CA 92029

MG
CA CA 01359892
Lee & Associates San Diego - Carlsbad
AA
CA 01323215
Lee & Associates San Diego - Carlsbad
Listed by Lee & Associates San Diego - Carlsbad
$8,495,000
41 days on market
Updated 41 days ago

Potential 89 Unit Townhome Development - 2200 Felicita Road

Details
APN 238-102-41-00; 238-102-45-00
Property Type Multifamily, Land
Sub Type Apartment Building
Units 89
Buildings 1
Acreage 6.980
Zoning RE-20 (Residential Estates)
Parking Spaces 203 spaces
Investment Type Redevelopment

2200 Felicita Road, Escondido, CA 92029

Marketing description

Location:

The subject property is located at 2220 felicita road in escondido, california.The property is located with freeway frontage to interstate 15 and is less Than two miles away from interstate 78.

Property profile:

The subject property is located at 2220 felicita road in escondido, california. A yield study was completed for 89 townhomes averaging 1,444 square Feet. the previous owner started the preliminary project analysis with the City for the 89-townhome development as part of a general plan amendment And rezone. A buyer may take advantage of the work already completed by The seller and move forward with approvals for the current plans, or there May be an opportunity for additional units by attributing a percentage to Affordable units.

Investment highlights

  • Potential 89 unit townhome development
  • 6.98 acres of vacant land on two parcels
  • Preliminary review february 2025 for general plan amendment & rezone
  • Proposed project includes 4.5 net developable acres with 2.5 acres of wetland habitat and biological buffer

Listing Contacts

MG
CA CA 01359892
Lee & Associates San Diego - Carlsbad
AA
CA 01323215
Lee & Associates San Diego - Carlsbad
Listed by Lee & Associates San Diego - Carlsbad

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Additional Information

Name
Michael Golden
License
CA 01359892
Brokerage
Lee & Associates
Title
Principal
Brokerage Address
1902 Wright Place
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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