Value-add "4 Plex" in the heart of Escondido. Consisting of (2) two Duplexes, (5) five garages and (1) one Extra-large storage area on a large lot makes this a prime candidate for adding a nice ADU for extra cashflow. The investment opportunity consists of all 1 bedroom/1 bath units with a laundry room. Currently, each unit gets 1 garage included in their rent. The 5th garage is rent ready. The 600-foot storage room is the perfect space for a legal ADU. Buyer to verify with the city. There is a laundry room for the tenants to use, free of charge.
Sold for $1,275,000 on 06/03/24
Listing Provided by:
Dave Plutner DRE #01273425 dplutner@gmail.com,
DP Properties
$1,275,000
304-20 S Grape St, Escondido, CA 92025
--beds
--baths
2,350sqft
Multi Family
Built in 1950
-- sqft lot
$1,201,500 Zestimate®
$543/sqft
$4,242 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 04, 2024 at 11:33am
Listing Provided by:
Dave Plutner DRE #01273425 dplutner@gmail.com,
DP Properties
Bought with:
Angelo La Bruna, DRE #01991625
Apartment Realty Group (ARG)
Source: CRMLS,MLS#: NDP2403419
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)

Facts & features
Interior
Appliances
- Laundry: Common Area
Features
- Has fireplace: No
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,350
- Total interior livable area: 2,350 sqft
Property
Parking
- Total spaces: 9
- Parking features: Garage
- Garage spaces: 5
- Uncovered spaces: 4
Features
- Entry location: 1
- Pool features: None
Lot
- Size: 8,723 sqft
- Dimensions: 57 x 151
- Features: Rectangular Lot
Details
- Parcel number: 2302710100
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Escondido
HOA & financial
Other financial information
- Total actual rent: 6365
Other
Other facts
- Listing terms: Cash to New Loan
Services availability
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Estimated market value
$1,201,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,201,500