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1110 E 2nd Ave

Escondido, CA 92025
  • $1,395,000
  • STATUS: ACTIVE
  • ON SITE: 116 Days
  • ID#: 240019528
UPDATED: 63 min ago
$1,395,000
  • 6
    BEDS
  • 0.17
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,912
    SQFT
  • $479
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1965
County:

School Ratings & Info

Description

Price Correction!  With a total of 2,920 sqft of living space with SIX bedrooms between THREE units -- it's Cheaper than buying the same living space as a single family house! Great investment opportunity with significant upside in rents, and a wonderful multigenerational living situation with a Detached Single Family House with Attached Garage in the front, and two 2 story Townhouse Style units in the back! Sitting on 7,376 sqft of lot space grants each home their own private yard and 2+ parking spaces, a carport for the townhomes located off the alley and driveway off of E 2nd for the front home. Washer dryer for each unit located on a quiet residential street within a mile of local eateries, the Maple Street Plaza and 1/2 a mile to Home Depot, Walmart and grocery stores.... What more could you ask for in a long term investment!

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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 © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/153778532
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1110 E 2nd Ave Escondido, CA 92025

  • Price: $1,395,000
  • Status: ACTIVE
  • On Site: 116 Days
  • Updated: 63 min ago
  • ID#: 240019528
6
Beds
3
Baths
0
½ Baths
0.17
Acres
2,912
SQFT
$479
$/SQFT
1965
Built
Neighborhood:
Escondido
County:
San Diego
Area:
Escondido (92025)
Property Description
Price Correction!  With a total of 2,920 sqft of living space with SIX bedrooms between THREE units -- it's Cheaper than buying the same living space as a single family house! Great investment opportunity with significant upside in rents, and a wonderful multigenerational living situation with a Detached Single Family House with Attached Garage in the front, and two 2 story Townhouse Style units in the back! Sitting on 7,376 sqft of lot space grants each home their own private yard and 2+ parking spaces, a carport for the townhomes located off the alley and driveway off of E 2nd for the front home. Washer dryer for each unit located on a quiet residential street within a mile of local eateries, the Maple Street Plaza and 1/2 a mile to Home Depot, Walmart and grocery stores.... What more could you ask for in a long term investment!
Exterior Features

Exterior Wood/Stucco Fencing Partial Parking Garage Desc Unit1 Attached Parking Garage Spaces Unit1 1 Parking Non Garage Desc Unit1 Carport Parking Non Garage Desc Unit2 Carport Roof Composition Site Alley AccessSidewalksStreet Paved Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard Yes Units With Garages 1 Units With Patios 3 View Evening Lights

Interior Features

Cooling Wall/Window Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Heat Source Natural Gas Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Unit3 Laundry Hook Ups Yes Units With Cooling 3 Units With Dishwashers 0 Units With Dryers 3 Units With Fireplaces 0 Units With Range Oven 3 Units With Refrigerators 3 Units With Washers 3

Property Features

Actual Cap Rate 4.59 Age Restrictions N/K Annual Expense Actual 20899 Annual Expense Projected 20899 Association ID San Diego Association of REALTORS (SDAR) Buildings 2 Cfd Mello Roos Fee 0.0 Community EAST ESCONDIDO Complex Park N/A Cross Streets S Beech St Gross Rent Multiplier Actual 16.49 Gross Rent Multiplier Project 14.4 Gross Scheduled Income Actual 86280 Gross Scheduled Income Project 98820 Mandatory Remarks None Known Market Area North County Monthly Total Fees 0 Net Operating Income Projected 77921 Other Fees 0.0 Other Income Actual 0 Projected Cap Rate 5.48 Projected Other Income 0.0 Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Tenant Pays Cable TVElectricityGas/Propane Terms CashConventionalExchangeFHAVA Unit1 Deposit 2600 Unit1 Occupied Tenant Unit1 Projected Rent 2935.0 Unit1 Rent Actual 2600.0 Unit2 Deposit 2295 Unit2 Occupied Tenant Unit2 Projected Rent 2650.0 Unit2 Rent Actual 2295.0 Unit3 Deposit 2295 Unit3 Occupied Tenant Unit3 Projected Rent 2650 Unit3 Rent Actual 2295.0

San Diego MLS logo Listing provided courtesy of Christina Labowicz of Apartment Consultants Incorporated: 858-876-5701. Listing information © 2024 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 © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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