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1043-1045 2nd Ave

Escondido, CA 92025
  • $875,000
  • STATUS: ACTIVE
  • ON SITE: 164 Days
  • ID#: 220015699
UPDATED: 8 min ago
$875,000
  • 4
    BEDS
  • 0.16
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,929
    SQFT
  • $454
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1953
County:

School Ratings & Info

Description

Don’t miss this fine opportunity to own a 2 on 1 just blocks from trendy and up and coming downtown Escondido! This fabulous property has two separate detached homes-one facing the alley and the other facing 2nd Ave, with separate yard space and parking! The front unit boasts 3 bedrooms, 2 baths and an attached single garage + driveway. It is also fully fenced and gated! The back unit is off the alley and also sports a gated area for parking to the side. The owners have utilized what could be parking near the front door and opted instead for a cozy patio area. Enjoy the fire pit at night or just relax during the day in your spacious outdoor space! Back unit is 1/1 but tenants have repurposed their one car garage for additional bedroom. Owners recently added new mini split HVAC for heating and cooling and gutters and spent approximately $50,000 in upgrades.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/130078734
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1043-1045 2nd Ave Escondido, CA 92025

  • Price: $875,000
  • Status: ACTIVE
  • On Site: 164 Days
  • Updated: 8 min ago
  • ID#: 220015699
4
Beds
3
Baths
0
½ Baths
0.16
Acres
1,929
SQFT
$454
$/SQFT
1953
Built
Neighborhood:
Escondido
County:
San Diego
Area:
Escondido (92025)
Property Description
Don’t miss this fine opportunity to own a 2 on 1 just blocks from trendy and up and coming downtown Escondido! This fabulous property has two separate detached homes-one facing the alley and the other facing 2nd Ave, with separate yard space and parking! The front unit boasts 3 bedrooms, 2 baths and an attached single garage + driveway. It is also fully fenced and gated! The back unit is off the alley and also sports a gated area for parking to the side. The owners have utilized what could be parking near the front door and opted instead for a cozy patio area. Enjoy the fire pit at night or just relax during the day in your spacious outdoor space! Back unit is 1/1 but tenants have repurposed their one car garage for additional bedroom. Owners recently added new mini split HVAC for heating and cooling and gutters and spent approximately $50,000 in upgrades.
Exterior Features

Exterior Stucco Fencing Partial Roof Composition Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Units With Garages 1 Units With Patios 2

Interior Features

Cooling Central Forced Air Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 2 Total Baths Unit3 0 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Units With Cooling 2 Units With Dishwashers 0 Units With Dryers 2 Units With Fireplaces 1 Units With Range Oven 2 Units With Refrigerators 2 Units With Washers 2

Property Features

Actual Cap Rate 6.8 Age Restrictions N/K Annual Expense Actual 1800 Association ID San Diego Association Of Realtors (Sdar) Buildings 2 Cfd Mello Roos Fee 0.0 Community East Escondido Complex Park Na Cross Streets S Beech Gross Rent Multiplier Actual 14.0 Gross Scheduled Income Actual 35880 Gross Scheduled Income Project 51600 Home Owners Fees 0.0 Mandatory Remarks None Known Market Area North County Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays SewerTrashWaterCable TvElectricityGas/Propane Terms Cal VetCashConventionalFhaVa Unit1 Deposit 1095 Unit1 Occupied Tenant Unit1 Projected Rent 1800.0 Unit1 Rent Actual 1095.0 Unit2 Deposit 1895 Unit2 Occupied Tenant Unit2 Projected Rent 2500.0 Unit2 Rent Actual 1895.0

San Diego MLS logo Listing provided courtesy of Exp Realty: [IDXCONTACTINFORMATION]. Listing information © 2022 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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The Neuman Team Real Estate Inc.
516 5th Avenue
San Diego CA, 92101