$2,100,000
$2,395,000
12.3%For more information regarding the value of a property, please contact us for a free consultation.
0.46 Acres Lot
SOLD DATE : 12/27/2024
Key Details
Sold Price $2,100,000
Property Type Condo
Sub Type Apartment,Fourplex,Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 240022547
Sold Date 12/27/24
Lot Size 0.461 Acres
Acres 0.46
Property Description
7-UNIT prime investment opportunity in the heart of Escondido, a vibrant city known for its rich history, cultural attractions, and scenic surroundings. This 7-unit multi-family property presents an excellent chance for astute investors seeking both stability and growth in their portfolio. Nestled in a desirable neighborhood, this well-maintained multi-family property boasts units that are strategically positioned to optimize privacy while offering residents easy access to local amenities. The property is enhanced by parking for each unit, communal green space, convenient on-site laundry facilities, and limited storage availability. These features contribute to the overall appeal of the property, ensuring tenant satisfaction and retention. The property's strong financial performance and potential for further growth make it a compelling investment option in the Escondido real estate market. Don't miss the chance to add this exceptional 7-unit multi-family property to your investment portfolio. Whether you're a seasoned investor or exploring new opportunities, this property represents a solid foundation for long-term success in the dynamic Escondido real estate market.
Location
State CA
County San Diego
Area Escondido (92025)
Interior
Heating Wall
Cooling Wall/Window
Flooring Hardwood, Tile, Vinyl, Wall to Wall Carpet
Laundry Owned
Exterior
Exterior Feature Front Sprinklers, Fully Landscaped, Part Fenced, Wood Deck
Parking Features Garages, Spaces
Roof Type Composition
Total Parking Spaces 8
Building
Story 2
Lot Size Range .25 through .50 Acres
Others
Acceptable Financing Cash, Cash to New Loan, Exchange Down, Exchange Up
Space Rent $167,100
Listing Terms Cash, Cash to New Loan, Exchange Down, Exchange Up
Financing Exchange Up
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Bought with Kevin Smith • First Team Real Estate
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