Skip To Content
    Return to Previous Page

    611 E 2nd Ave

    Escondido, CA 92025
    • $590,000
    • STATUS: PENDING
    • ON SITE: 29 days
    • ID#: 200050134
    Pending
    UPDATED: 54 min ago
    $590,000
    • 4
      BEDS
    • N/A
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,800
      SQFT
    • $328
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958
    County:

    School Ratings & Info

    Description

    Two homes on one lot in the heart of downtown Escondido. Perfect for a home owner looking for extra income or an investor. Separate entrances and yards give each house privacy. Both units have off-street parking. The front house has a bonus room while the back house has a sizeable garage. Laundry hookups in units and tenants are month-to-month. Please do not disturb tenants or walk on property.

    Monthly Payment Calculator

    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 © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/111449380
    Print Image

    611 E 2nd Ave Escondido, CA 92025

    • Price: $590,000
    • Status: PENDING
    • Updated: 54 min ago
    • ID#: 200050134
    4
    Beds
    2
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,800
    SQFT
    $328
    $/SQFT
    1958
    Built
    Neighborhood:
    Downtown
    County:
    San Diego
    Area:
    Escondido (92025)
    Property Description
    Two homes on one lot in the heart of downtown Escondido. Perfect for a home owner looking for extra income or an investor. Separate entrances and yards give each house privacy. Both units have off-street parking. The front house has a bonus room while the back house has a sizeable garage. Laundry hookups in units and tenants are month-to-month. Please do not disturb tenants or walk on property.
    Exterior Features

    Exterior Wood/Stucco Fencing Partial Frontage N/K Irrigation N/K Parking For RV None Known Parking Garage Desc Unit1 N/K Parking Garage Desc Unit2 Attached Parking Garage Spaces Unit1 0 Parking Garage Spaces Unit2 1 Parking Non Garage Desc Unit1 AssignedUncovered Parking Non Garage Desc Unit2 AssignedUncovered Pool N/K Roof Composition Site N/K Spa N/K Topography Slope Gentle Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Units With Garages 1 Units With Patios 2 View N/K

    Interior Features

    Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Heat Equipment Radiant Heat Source Propane Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 0 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Units With Cooling 0 Units With Dishwashers 0 Units With Dryers 2 Units With Fireplaces 0 Units With Range Oven 2 Units With Refrigerators 2 Units With Washers 2 Water Heater Type Gas

    Property Features

    Actual Cap Rate 3.5 Age Restrictions N/K Annual Expense Actual 13345 Annual Expense Projected 13345 Association ID San Diego Association Of Realtors (Sdar) Buildings 2 Cfd Mello Roos Fee 0.0 Community East Escondido Complex Park None Cross Streets S Grape Gross Rent Multiplier Actual 17.3 Gross Rent Multiplier Project 13.3 Gross Scheduled Income Actual 34200 Gross Scheduled Income Project 44400 Home Owners Assoc Fee Includes N/K Mandatory Remarks None Known Market Area North County Miscellaneous N/K Monthly Total Fees 0 Net Operating Income Projected 29723 Other Fee Type N/K Other Fees 0.0 Other Income Actual 0 Projected Cap Rate 5.2 Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Tenant Pays ElectricityGas/Propane Terms CashConventionalExchangeFha Unit Number For Unit1 611 Unit Number For Unit2 613 Unit1 Deposit 0 Unit1 Occupied Tenant Unit1 Projected Rent 1950.0 Unit1 Rent Actual 1450.0 Unit2 Deposit 1000 Unit2 Occupied Tenant Unit2 Projected Rent 1750.0 Unit2 Rent Actual 1400.0 Water Meter On Property

    Listing provided courtesy of South Coast Commercial, Inc.. Listing information © 2020 San Diego MLS Inc. Source: SDMLS
    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 © 2020 San Diego MLS, Inc. Licensed in the state of California.
     
    https://bt-photos.global.ssl.fastly.net/sandiego/1280_boomver_1_200050134-2.jpg https://bt-photos.global.ssl.fastly.net/sandiego/1280_boomver_1_200050134-2.jpg https://bt-photos.global.ssl.fastly.net/sandiego/1280_boomver_1_200050134-2.jpg
    Logo
    Neuman & Neuman Real Estate Inc.
    516 5th Avenue
    San Diego CA, 92101