Photo of Melissa Russell

Melissa Russell

DRE# 01360240

619.850.4061



$1,790,000

  • COMMERCIAL-RES INCOME
  • ACTIVE
  • MLS# 180043623

Description

This 7 unit complex was built in 1988 on half acre land, and features two buildings. First one is a single story with two (2Bed/1Bath) units with fenced private backyards. The second one has five units with two (3Bed/2Bath), two (2BED/2Bath), and One (1Bed/1Bath). Fifteen on-site parking spaces. Tons of upgrades and improvements have been made within the last few years, including newer AC units, roof, paving, painting, and landscaping. Internal upgrades to kitchens, bathrooms, and flooring completed as units became available. Professionally managed, no differed maintenance. Mostly long-term tenants, and rents are below market for some units. Corner of I-15 and HWY 78.

Property Details

Property type:
Commercial-Res Income
Acreage:
1
Number of Buildings:
1
Number of Carports:
7
Total Number of Parking Spaces:
15

Location

County:
San Diego

Additional Details

Number of Units:
7
Total Monthly Rent:
$10,090
Price Per Unit:
$255,714
Down Payment:
Variable
Gross Equity:
$1,000,000
SqFt of Improvement:
6,104
Lot Square Footage:
21,780
Assessors Parcel #:
228-220-52-00
Zoning:
R-2:MINOR

Unit Details

Unit 1
Number of Units:
1
Number of Bedrooms:
2
Number of Baths:
1
Rent:
$1,350
Unit Rental Total:
$1,350
Unit 2
Number of Units:
1
Number of Bedrooms:
2
Number of Baths:
1
Rent:
$1,400
Unit Rental Total:
$1,400
Unit 3
Number of Units:
1
Number of Bedrooms:
2
Number of Baths:
2
Rent:
$1,340
Unit Rental Total:
$1,340
Unit 4
Number of Units:
1
Number of Bedrooms:
1
Number of Baths:
1
Rent:
$1,000
Unit Rental Total:
$1,000
Unit 5
Number of Units:
1
Number of Bedrooms:
2
Number of Baths:
2.00
Rent:
$1,400
Unit Rental Total:
$1,400
Unit 6
Number of Units:
1
Number of Bedrooms:
3
Number of Baths:
2.00
Rent:
$1,800
Unit Rental Total:
$1,800
Unit 7
Number of Units:
1
Number of Bedrooms:
3
Number of Baths:
2.00
Rent:
$1,800
Unit Rental Total:
$1,800

Listing provided by

Coldwell Banker Res. Brokerage
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Escondido

Founded in 1888, Escondido – which is located north of Downtown San Diego in a shallow valley encircled by rocky hills – is one of the oldest cities in San Diego County. A recent revitalization of downtown Escondido has improved the ‘walkability’ of the area and attracted new restaurants, cafes and art galleries. There are historic neighborhoods in the area, as well as ... Read More

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Presented By
Melissa
Russell

DRE# 01360240

619.850.4061

Email Me
Presented By
Melissa
Russell

DRE# 01360240

619.850.4061

Email Me

Willis Allen Real EstateThis information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2018 Sandicor®, Inc.