For more information on this property, contact Lawrence Dy at 8584491253 or

231-239 S Grape St
Escondido, California CA 92025
Sold For: $850,000
Listing ID 230001312
Status SOLD
SqFt 8,230
Acres 0.190
Year Built 1951

Property Description:

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.

Primary Features

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


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

Zoning Info

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Lawrence Dy

11440 W. Bernardo Ct #300
San Diego, CA 92127
Phone: 8584491253
Phone Alt: 8584491253

Data services provided by IDX Broker