904 912 Chestnut Street, Escondido, CA 92025
Property · 2 recorded sales since 2013
Sold January 2025
Listing Agent: Bob Davie (DRE #01859951) · Listing Office: SD Residential Property Mgmt · Contact: 858-485-6565 · Bought with: Farid Khayamian · Bluxen, Inc · MLS #240028103SD · Source: CRMLS
About this property
***PLEASE DO NOT DISTURB THE TENANTS*** Prime 4-Unit Tenant-Occupied Investment Opportunity in Old Escondido. This fully tenant-occupied, turn-key property is a rare gem in the heart of Old Escondido, offering immediate and consistent income from day one. All four units are leased by long-term tenants, generating over $6,000 in monthly rents, with a strong cap rate that makes this an exceptional opportunity for investors seeking stable cash flow and high returns. The property features one 2-bedroom, 1-bath unit, two 1-bedroom, 1-bath units, and a non-conforming studio all with significant rental upside. Additional amenities include three single-car garages, off-street parking, and private and communal outdoor spaces, all enhancing tenant retention and property value. Located on a quiet residential street this property is perfect for investors looking for a hands-off, income-generating asset in one of Escondido’s great neighborhoods. Seize this rare opportunity to own a fully tenant-occupied property with immediate income and long-term value!
Listing description from the January 2025 sale, as reported to CRMLS.
Sale history
