Thank you
Ed Swauger
Francis Taylor Properties
760-400-9989
Fantastic 6 unit property in Old Escondido. Professionally maintained by owners with kid gloves since 1979. See maintenance history attached. All units occupied with long term leases. Significant rent growth opportunity - can increase rents the maximum allowed for 3 + years straight. All aspects of property professionally maintained including HVAC units, newer vinyl windows throughout, newer roof under warranty, copper plumbing replaced w/PEX, seamless gutters installed, flooring replaced where appropriate. Four 2 bed-1 bath units in Apartment building includes 2 car garage for each unit! House is a 2/1 nicely upgraded with attached garage plus a studio. Quote to remove the pool for $14,000. Proforma CAP Rate w/o Pool = 4.9%!
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Total Baths: 0
Sewer : Public Sewer
Air Conditioning
Has Heating
Has Fireplace: 0
Year Built: 1977
Building Area Total: 4,400
Community
Common Area
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.3486
Lot Size Source: Public Records
Lot Size Square Feet: 15185
Original List Price: 1,850,000
Listing Contract Date: 2024-03-01
Listing Agreement: Exclusive Right To Sell
Parcel Number: 2303210400
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: 92025 - Escondido
Directions: E 4th Ave and Date
Zoning: Multi
Source Property Type: Residential Income
Area: 92025 - Escondido
Property Age: 47
Common Walls: No Common Walls
Year Built Source: Vendor Enhanced
Entry Level: 1
Entry Location: 1
Levels or Stories: Multi/Split
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
S Escondido Boulevard, Escondido, CA,92025 | $360,000 | -- | -- | -- | 7588 Sqft |
Paseo Del Sol, Escondido, CA,92025 | $589,000 | -- | -- | -- | -- |
2678 Groton Place, Escondido, CA,92025 | $1,390,000 | 4 | 3 | 2,400 | 38332 Sqft |
1221 S Escondido Blvd, Escondido, CA,92025 | $450,000 | -- | -- | -- | 0.14 Acre |
1535 Mount Glen, Escondido, CA,92025 | $1,525,000 | 5 | 4 | 2,998 | 10230 Sqft |
1525 Mount Glen, Escondido, CA,92025 | $1,525,000 | 5 | 4 | 3,102 | 11845 Sqft |
2027 Felicita Road, Escondido, CA,92025 | $1,339,250 | 4 | -- | 3,473 | 64468 Sqft |
743 Park Place, Escondido, CA,92025 | $755,000 | 5 | 2 | 1,566 | 7611 Sqft |
659 W 10th Avenue, Escondido, CA,92025 | $680,000 | 2 | 1 | 770 | 3500 Sqft |
540 Lost Oak Lane, Escondido, CA,92025 | $3,350,000 | 6 | 5 | 6,231 | 152895 Sqft |
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ByOwner last updated this listing 05/04/2024 @ 22:19
MLS: NDP2401724
LISTED BY: Ed Swauger, Francis Taylor Properties
SOURCE: CRMLS
Buyer Agency Compensation: 2.25%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.