841 4th Ave, Escondido CA 92025 | $1,850,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 15185 Lot Sq Ft
  • Type:
  • Stories: 2
  • Year Built: 1977
  • MLS#: NDP2401724
  • Community: 92025 - Escondido

Listing provided courtesy of Ed Swauger of Francis Taylor Properties. Last updated 2024-04-28 08:11:36.000000. Listing information © 2024 SANDICOR.

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%!

More Details

0.35 Acres
2 Stories

David Piper

Call or Text: 858-525-5007

DRE# 02021985