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
MLS #
CRIV25235623
MLS Source
California Regional MLS
Pool
None
Garage/Parking
Garage: 4 Car(s)
HOA Fee
$0
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 4 | – | 4 |
1935 E El Norte is a Residential Income in Escondido, CA 92027. This – square foot property sits on a 2 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,700,000 and was built in 1940. This address can also be written as 1935 E El Norte, Escondido, CA 92027.
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This listing information is up-to-date as of March 05, 2026. For the most current information, please contact LEE SPENCE, (909) 652-9044