Pending
841 45 4th Ave
Escondido CA, 92025
$1,850,000
$420.45 per sqft
Pending
4,400 sqft
Residential
Built in 1977
Listed by Ed Swauger with 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%!
NDP2401724
MLSⓇ ID
March 1, 2024
Listed
April 27, 2024
Updated
Map
841 45 4th Ave
Escondido CA, 92025
Interior Features
Total Stories
2
Laundry Description
Common Area
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.35 Acres
Lot Features
Sprinkler System
Sewer
Public Sewer
Other Property Details
Area Name
92025 - Escondido
Days on Market
56
Garage
Yes
Garage Spaces
9
Parking Total
9
View
No
County
San Diego
Pool
No
Pool Features
Community
Zoning
Multi
Buyer Agency Compensation
2.25%
Listing History
Date | Event | Price |
|---|---|---|
4/26/2024 | Pending | — |
4/22/2024 | Price Change | $1,850,000 -12% |
3/28/2024 | Price Change | $2,100,000 -20% |
Listing Contact: 760-400-9989
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/27/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 4/27/2024 at 12:09 AM UTC