419 W. 4th Ave. in Escondido. Photo credit: Courtesy, CBRE CBRE has announced the sale of a five-unit apartment building in Escondido to a private investor for $1.41 million. The transaction was facilitated by CBRE Executive Vice President Dan Blackwell and Associate Amanda Fielder, who represented the San Diego-based seller. The buyer, who closed in 35 days, is based in Orange County. “The five-unit property represented a value-add opportunity for investors in a great walkable neighborhood, just one mile from Escondido’s historic downtown,” Blackwell said. This multifamily property, located at 419 W. 4th Ave. on 0.17 acres, was built in 1981. “The property’s strateg
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