Property Description

MULTI- FAMILY COMPLEX FOR SALE. This complex is on a 42,200 SQ. FT. LOT. 10 LIVING UNITS TOTAL. It has 2 Single Family Homes – 4 duplexes and 2 additional free standing apartments. 1 OUTBUILDING is on a LONG TERM LEASE as Contracted Storage and rented by the Quarter. Another STORAGE is a LARGE TUFF SHED currently used for Tools and Building Supplies. The CAP Rate for 2024 was .032. Stable tenants; no turnover in last 4 years. All Tenants are on Month to Month Contracts. Rents below market – POTENTIAL INVESTOR UPSIDE. Two Front Houses are SFR’s. One home is 4 BR 2 BA 1200 SQ. FT. Other SFR is 3 BR 1 BA at 782 SQ. FT.; 5 UNITS are 900 Square Feet; 2 UNITS are 720 SQ. FT.;1 Apartment is a 2 Story, 3 BR 2 BA at 1200 SQ. FT. TWO FRONT HOMES have smaller backyards but extra storage built on site. ALL APARTMENTS have LARGE FENCED BACKYARDS;. EVERY Home has a Minimum of 2 PARKING SPACES. Most Homes have installed LUXUARY VINYL PLANKING FLOORING FOR waterproof and long lasting quality. Many have had upgrades inside the units. (See Photos).

Features
1
: 25.00
: Wood, Good condition, Vinyl
: Carbon monoxide detector(s), Smoke Detector(s)
1
: Electric Dryer Hookup, Gas & Electric Dryer Hookup
: Wall Furnace
: Wall/window Unit(s)
: Sewer Connected, Water Connected, Electricity Connected
: Public
MLS Addon
R-2: MINOR
2364500400
$0
2024
$0
0
0
: Standard
18/05/2025 12:27:25
Listing courtesy of
Howard West Coast Realty
School Info
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Commercial For Sale

101 15thAvenue, Escondido, California, 92025

7,608 Sqft
Visits : 1
$2,900,000
Listing ID #ND25109847
Basic Details
Status : Active
Listing Type : For Sale
Property Type : Commercial
Property SubType : Multi Family
Price : $2,900,000
Price Per Square Foot : $381
Square Footage : 7,608 Sqft
View : Mountain(s)
Listing ID : ND25109847
Agent info
Rina Maya
Designated Broker
Contact Agent
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