Pending
841 4th Ave
Escondido CA, 92025
$1,850,000
Pending
8 Beds
Multi-family
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 = 4.9%!
NDP2401724
MLSⓇ ID
March 1, 2024
Listed
April 27, 2024
Updated
Map
841 4th Ave
Escondido CA, 92025
Interior Features
Total Stories
2
Bedrooms
8 Beds
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.35 Acres
Other Property Details
Days on Market
56
Garage
No
View
No
County
San Diego
Pool
No
Pool Features
Community
Buyer Agency Compensation
2.25%
Listing History
Date | Event | Price |
|---|---|---|
4/27/2024 | Pending | — |
4/23/2024 | Price Change | $1,850,000 -12% |
3/28/2024 | Price Change | $2,100,000 -20% |
Listed by Francis Taylor Properties, Ed Swauger,
Listing Contact: 760-497-3664
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Data last updated 3:06 AM UTC, 4/27/2024
