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408 W 4th Ave, Escondido, CA 92025

Commercial property · 2 recorded sales since 2013

408 W 4th Ave, Escondido, CA 92025 Sold March 2023 CRMLS
$1,365,000Sold March 2023

Listing Agent: Alexander Kohl (DRE #02024212) · Listing Office: South Coast Commercial, Inc. · Contact: 619-226-6011 · Bought with: Farid Khayamian · Bluxen, Inc · MLS #230001173SD · Source: CRMLS

5
Units
Commercial property
Type

How this sale compares

408 W 4th Ave sold for $1,365,000 in March 2023, 9.0% under its $1,500,000 list price, after 26 days on the market.

26
Days on market
−9.0%
Sold vs. list price

Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.

Description

Rarely traded value-add 5 unit apartment building in the heart of old Escondido. Property boasts a large 3 bed two bath front house and a 4-plex in the back. Home and fourplex have separate entrances, with the home having direct access from 4th St. Fourplex consists of two 2 bed 1 bath units and two 1 bed 1 bath units. Central location close to restaurants, bars, and freeway access. Tenants are month to month.

Listing description from the March 2023 sale, as reported to CRMLS.

Sale history

$1,365,000
Sold March 2023 · listed $1,500,000, on market January 2023, 26 days on market · MLS #230001173SD · Source: CRMLS
Listing Agent: Alexander Kohl · Listing Office: South Coast Commercial, Inc. · Contact: 619-226-6011 · Bought with: Farid Khayamian · Bluxen, Inc
$720,000
Sold September 2013 · on market June 2013, 99 days on market · MLS #130030632 · Source: CRMLS
Listing Agent: Rick Melfe · Listing Office: Siemienowski & Associates · Contact: 858-866-0750 · Bought with: Joan Everest · Coldwell Banker Res Brokerage
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