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About the Listing ND17195 - ND151873
MULTI- FAMILY COMPLEX FOR SALE. This complex is on a 42,200 SQ. FT. LOT. 10 LIVING UNITS TOTAL. It has 2 Single Family Homes - 4 duplexes and 2 additional free standing apartments. 1 OUTBUILDING is on a LONG TERM LEASE as Contracted Storage and rented by the Quarter. Another STORAGE is a LARGE TUFF SHED currently used for Tools and Building Supplies. The CAP Rate for 2024 was .032. Stable tenants; no turnover in last 4 years. All Tenants are on Month to Month Contracts. Rents below market - POTENTIAL INVESTOR UPSIDE. Two Front Houses are SFR's. One home is 4 BR 2 BA 1200 SQ. FT. Other SFR is 3 BR 1 BA at 782 SQ. FT.; 5 UNITS are 900 Square Feet; 2 UNITS are 720 SQ. FT.;1 Apartment is a 2 Story, 3 BR 2 BA at 1200 SQ. FT. TWO FRONT HOMES have smaller backyards but extra storage built on site. ALL APARTMENTS have LARGE FENCED BACKYARDS;. EVERY Home has a Minimum of 2 PARKING SPACES. Most Homes have installed LUXUARY VINYL PLANKING FLOORING FOR waterproof and long lasting quality. Many have had upgrades inside the units. (See Photos).
Listing Highlights
Status
Pending
Days on Site
212
Property Type
Commercial Sale
MLS ®
ND25109847
Year Built
Total Square Footage
7,608
Lot/Acreage
N/A
County
San Diego
Area
92025 - Escondido
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Wall/Window Unit(s)
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 25
- Zoning: R-2: MINOR
- Roof:
- Others: 2+ Total Units
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 2364500400
- Tax Year: 2024
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
101 E 15th Ave Escondido, CA 92025
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