1001 1019 S Orange St, Escondido, CA 92025
Property
Sold June 2024
Listing Agent: George Gigliotti (DRE #01351963) · Listing Office: Century 21 Masters · Contact: 800-463-0977 · Bought with: Farid Khayamian · Bluxen, Inc. · MLS #240010376SD · Source: CRMLS
About this property
The property is a 3 unit triplex in a quiet South Escondido neighborhood. There are two1 bedroom 1 bath units and a 3 bedroom 1 bath unit. Each unit has a 1 car garage. The property has a cash on cash cap rate of 4.4% and a projected cap rate of 5.8%. It is approximately 5 minutes from I-15 and a few additional minutes to freeway 78. It is close to downtown Escondido, North County Mall, and the San Marcos Costco, Walmart, and Home Depot. The units are occupied by long term tenants who pay all utilities except water. The property can only be viewed with an accepted offer which must also include a pre approval loan letter and proof of funds. The Seller will not make any repairs or alterations. Seller to select all services.
Listing description from the June 2024 sale, as reported to CRMLS.
Sale history