Escondido, CA 92025,841 45 4th Ave
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Escondido, CA 92025,841 45 4th Ave
Escondido, CA 92025,841 45 4th Ave
Escondido, CA 92025,841 45 4th Ave
Escondido, CA 92025,841 45 4th Ave

$1,850,000

Est. payment /mo

$1,850,000

Est.Price: ?

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841 45 4th Ave Escondido, CA 92025

0.35 Acres Lot

SOLD DATE : 07/11/2024

Key Details

Sold Price $1,850,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID NDP2401724

Sold Date 07/11/24

HOA Y/N No

Year Built 1977

Lot Size 0.349 Acres

Property Description

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%!

Location

State CA

County San Diego

Area 92025 - Escondido

Zoning Multi

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 9.0

Garage Description 9.0

Pool Community

Community Features Urban, Pool

View Y/N No

Total Parking Spaces 9

Private Pool No

Building

Lot Description Sprinkler System

Story 2

Entry Level Multi/Split

Sewer Public Sewer

Level or Stories Multi/Split

Others

Senior Community No

Tax ID 2303210400

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Ed Swauger • Francis Taylor Properties
Bought with Carrie Behic • Hill Realty Group

The Wilkas Group - Lenore & Alexander Wilkas

Real Estate Advisors | License ID: 01343201 & 01355442

+1(760) 407-2100

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