
405 Juniper Street
Atop 10% of multifamilyEscondido, CA 92025
Pass at asking: -$2,348/mo full cashflow at 20% down, 7.49% rate.
Works at $570,573 (35% under asking), or at 59% down.
Rent $5,715/mo: 3 units of about 556 sqft, each priced from up to 12 closed leases within 1 mi ($5,484–$6,804).
Beds
—
Baths
—
Sqft
4,483
Year Built
2010
Days on Market
180
Property Type
Multi-Family
HOA/mo
N/A
MLS ID
NDP2604351
This property is in Escondido (92025). View neighborhood stats →
About This Property
Back on Market! Previous escrow canceled through no fault of the seller. Here's a rare opportunity to own a sought-after multi-residential income property in the thriving heart of Downtown Escondido. This two-story multifamily property features three separate units: two 1-bedroom units on the lower level and one 2-bedroom unit upstairs, offering strong rental appeal and an established income history. Seller has completed repairs and improvements based on items identified in a recent property inspection report. The inspection report, along with receipts/documentation for completed repairs, will be provided for review at the time of offer. The property is thoughtfully configured with a practical layout that maximizes privacy and functionality. Its two-story design provides separation between units, while fenced on-site parking adds convenience and security—an especially desirable feature in a downtown setting. The overall configuration supports consistent occupancy and appeals to tenants seeking comfortable living in a central location with easy access to everyday essentials. Ideally situated near shopping, restaurants, entertainment, and local services, the property benefits from its location in a vibrant and walkable neighborhood. Residents can enjoy nearby retail and dining options, along with convenient access to public transportation and major commuter routes. Located in a high-demand rental market, this property's functional layout, established tenancy, and tenant-friendly amenities present a compelling opportunity for investors seeking an income-producing multifamily asset with potential for future upside. Don't miss the opportunity to add this Downtown Escondido multifamily property to your investment portfolio.
Small multifamily · 3 units
Valued on income: each unit priced from closed leases nearby, then added up. County records: 3 units.
| Unit | Units | Rent each | Subtotal |
|---|---|---|---|
| Average unit~556 sqft · 12 leases within 1 mi | 3 | $1,905 | $5,715 |
| Gross rent, all units | $5,715/mo | ||
The listing describes 2 × 1-bed, 1 × 2-bed. Units of different sizes are priced as the average unit: by bed count alone, unit rents ran 17% off in our backtest.
- Gross rent multiplier
- 12.8
- Price per unit
- $291,667
- NOI (a year)
- $33,926
- Cap rate
- 3.88%
Price ÷ a year's gross rent
Median $549,750 across 91 listed 2–4 unit buildings in San Diego County
Default vacancy, management, upkeep, tax, insurance
Its grade compares it with other multifamily listings only: a building valued on income isn't ranked against houses and condos.
House hack with FHA
Live in the one unit, rent the other 2.
FHA likely won't lend on this one at this price. For 3 and 4 units it counts 75% of all the units' rent ($4,286/mo), and that has to cover the full payment ($7,513/mo). The numbers below are for reference.
- Down payment
- $30,625
- Your cost to live there
- $5,308/mo
- More than renting it
- $3,403/mo
3.5% · plus closing costs
After $3,810/mo from the other units
vs $1,905/mo to rent the same unit
How this is figured
- Loan $859,152 ($844,375 + 1.75% upfront mortgage insurance) at 7.24% (Freddie Mac 30-year average, week of Oct 29, 2026), 30 years: $5,855/mo
- FHA mortgage insurance $528/mo · property tax $875/mo · insurance $255/mo
- Vacancy, management and capex on the rented units, upkeep on the building: $1,605/mo
- FHA allows 3.5% down on 2–4 units when you live in one, up to HUD's 2026 San Diego County limit for 3 units ($1,708,400). Lenders count only part of the other units' rent toward qualifying.
Compare other buildings on the small multifamily page.
Mortgage Calculator
Est. Monthly Payment
$6,020
Location
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Zoned Schools
Elementary
Central Elementary · grades K-5 · Escondido Union
Middle
Del Dios Academy of Arts and Sciences · grades 6-8 · Escondido Union
High
Escondido High · grades 9-12 · Escondido Union High
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
This is a 3-unit building: on the mid-term and short-term tabs, enter the rent, nightly rate and occupancy for all units combined.
Investment Score
3 units of about 556 sqft, each priced from up to 12 closed leases within 1 mi · $5,484–$6,804
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,348/mo short at 20% down; 59% down or +$3,050/mo rent closes it.
- Break-even price
- $570,573
- Break-even rent
- $8,765/mo
- Cashflow at 35% down
- −$1,432/mo
- Down payment to break even
- 59%
- Rate to break even
- 1.87%
35% under asking
$3,050/mo above the estimate
$516,250 cash
at 20% down
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.49% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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