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$1,399,000
Est. payment /mo
8,311 Sqft Lot
UPDATED:
12/05/2024 04:35 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision South Escondido
MLS Listing ID 240026078SD
HOA Y/N No
Year Built 1964
Lot Size 8,311 Sqft
Property Description
Large 2 bedroom/1 bath units in a rapidly gentrifying, quiet, unique HOA community of sixteen 4-plexes. All the units were rehabbed over the last few years. Tenants move in and almost never leave. Upside on the rents. Four large single car garages. Potential to turn one or more of the garages into ADU. (Already happening in the neighborhood). The building has its own laundry room with coin operated washer/dryer. Additional storage room for owner. The HOA pays for common area landscape/maintenance, trash, and an onsite manager. Located in an opportunity zone. Property can be purchased individually or with another 4-plex at 340 Lansing Circle. Buyer to cooperate with sellers 1031 exchange.
Location
State CA
County San Diego
Area 92025 - Escondido
Interior
Cooling None
Fireplace No
Exterior
Fence None
View Y/N No
Roof Type Composition
Building
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 2293110900
Acceptable Financing Cash, Conventional, Cal Vet Loan
Listing Terms Cash, Conventional, Cal Vet Loan
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Listed by Cody Evans • South Coast Commercial, Inc.
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Tracy Thrower Conyers
Broker Associate, JD | License ID: 01712960
Broker Associate, JD License ID: 01712960