Fantastic 6 unit property in Old Escondido. Professionally maintained by owners with kid gloves since 1979. See maintenance history attached. All units occupied with long term leases. Significant rent growth opportunity - can increase rents the maximum allowed for 3 + years straight. All aspects of property professionally maintained including HVAC units, newer vinyl windows throughout, newer roof under warranty, copper plumbing replaced w/PEX, seamless gutters installed, flooring replaced where appropriate. Four 2 bed-1 bath units in Apartment building includes 2 car garage for each unit! House is a 2/1 nicely upgraded with attached garage plus a studio. Quote to remove the pool for $14,000. Proforma CAP Rate w/o Pool = 6.5%!
Sold for $1,850,000 on 07/11/24
Listing Provided by:
Ed Swauger DRE #01376073 760-497-3664,
Francis Taylor Properties
Bought with: Hill Realty Group
$1,850,000
841-45 E 4th Ave, Escondido, CA 92025
11beds
6baths
4,400sqft
Multi Family
Built in 1977
-- sqft lot
$1,839,100 Zestimate®
$420/sqft
$2,629 Estimated rent
Home value
$1,839,100
$1.69M - $2.00M
$2,629/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 05, 2024 at 01:00pm
Listing Provided by:
Ed Swauger DRE #01376073 760-497-3664,
Francis Taylor Properties
Bought with:
Carrie Behic, DRE #01334556
Hill Realty Group
Source: CRMLS,MLS#: NDP2401724
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 6
Appliances
- Laundry: Common Area
Features
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 4,400
- Total interior livable area: 4,400 sqft
Property
Parking
- Total spaces: 9
- Parking features: Garage
- Garage spaces: 9
Features
- Levels: Multi/Split
- Entry location: 1
- Pool features: Community
Lot
- Size: 0.35 Acres
- Features: Sprinkler System
Details
- Parcel number: 2303210400
- Zoning: Multi
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Community
- Community features: Urban, Pool
Location
- Region: Escondido
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange
Price history
| Date | Event | Price |
|---|---|---|
| 7/11/2024 | Sold | $1,850,000$420/sqft |
Source:  CRMLS #NDP2401724 | ||
| 5/9/2024 | Pending sale | $1,850,000$420/sqft |
Source: CRMLS #NDP2401724 | ||
| 5/2/2024 | Listed for sale | $1,850,000$420/sqft |
Source: CRMLS #NDP2401724 | ||
| 4/26/2024 | Pending sale | $1,850,000$420/sqft |
Source: CRMLS #NDP2401724 | ||
| 4/22/2024 | Price change | $1,850,000-11.9%$420/sqft |
Source: CRMLS #NDP2401724 | ||
Public tax history
Tax history is unavailable.
Neighborhood: 92025
Nearby schools
GreatSchools rating
- 4/10Central Elementary SchoolGrades: K-5Distance: 0.7 mi
- 4/10Del Dios Middle SchoolGrades: 6-8Distance: 2 mi
- 5/10Orange Glen High SchoolGrades: 9-12Distance: 1.7 mi
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Estimated market value
$1,839,100
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
$1,839,100