Listing ID230001312
Sold For$850,000
StatusSOLD
SqFt
8,230
Acres
0.190
CountySan Diego
Year Built1951
Property Type2-4 Units
This stylish, midcentury-modern duplex located in the historic district of Escondido is a great opportunity for both investors and owner-occupant alike. The two bedroom unit has just been completely remodeled and is currently rented out at market rents, providing a steady income stream. It boasts a brand new kitchen with shaker cabinets, stainless-steel appliances, as well as a renovated bathroom. The three bedroom unit (also updated) is ready for you to move in and make it your own, OR you can continue to rent it out for additional income. The units feature wood-look and tile flooring, ample natural light, an open floor plan great views, and a gated parking area. The location of this property is unbeatable, with easy access to local shops, restaurants, and entertainment in the heart of Old Escondido. This property offers the perfect combination of vintage charm and modern updates and must be seen to be fully appreciated. Don't miss out on this rare opportunity to own a piece of Escondido's history.
County
San Diego
City
Escondido
Property Type
2-4 Units
Year Built
1951
Zoning
R-3:RESTRI
Cooling
Wall/Window
Levels
1 Story
Total Stories
1
Unit 1 Estimated SqFt
1053
Unit 1 Laundry Hook Ups
Yes
Unit 1 Number of Bedrooms
3
Unit 1 Number of Full Baths
1
Unit 1 Number Total Baths
1
Unit 2 Estimated SqFt
1053
Unit 2 Laundry Hook Ups
Yes
Unit 2 Number of Bedrooms
2
Unit 2 Number of Full Baths
1
Unit 2 Number Total Baths
1
Unit Number for Unit 1
231
Unit Number for Unit 2
239
Entry Only
no
Exterior
Stucco
Fencing
Partial
Lot Size
7,500-10,889 SF
Neighborhood
Escondido
Number of Buildings
1
Number of Units
2
Number of Units w/Dryers
2
Number of Units w/Range/Oven
2
Number of Units w/Refrigerator
2
Number of Units w/Washers
2
Number Units w/Cooling
2
Number Units w/Dishwashers
2
Roof
Composition
Community
EAST ESCONDIDO
Complex/Park
NA
Country
United States
Market Area
North County
Zip/Area
ESCONDIDO (92025)
Property Type
2-4 UNITS
Age Restrictions
N/K
Cap Rate Actual
3.5
Financing
Conventional
Gross Rent Multiplier Act
16
Gross Scheduled Income Actual
55140
Sale/Rent
For Sale
Sales Restrictions
N/K
Short Sale
no
Tenant Pays
Electricity
Terms
Cash, Conventional, Exchange, FHA, VA
Unit 1 Deposit
2100
Unit 1 Rent Actual
2100
Unit 2 Deposit
2495
Unit 2 Rent Actual
2495
Contact - Listing ID 230001312
Lawrence Dy
11440 W. Bernardo Ct #300
San Diego, CA 92127
Phone: 8584491253
Phone Alt: 8584491253
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