841 45 4th Ave, Escondido, CA 92025
Property
Sold July 2024
Listing Agent: Ed Swauger (DRE #01376073) · Listing Office: Francis Taylor Properties · Contact: 760-400-9989 · Bought with: Carrie Behic · Hill Realty Group · MLS #NDP2401724 · Source: CRMLS
About this property
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%!
Listing description from the July 2024 sale, as reported to CRMLS.
Sale history