NOT LISTED FOR SALE

1001 -1019 S Orange St Escondido, CA 92025

Central Escondido Neighborhood
5 Beds
3 Baths
2,088 Sq Ft
1948 Built

Last Sold June 17, 2024

Last sale price $1,050,000 $503 Per Sq Ft

2 Days on Market

Highlights

  • Partially Fenced Property
  • Level Lot
  • 1-Story Property
  • San Pasqual High School Rated A-

About This Home

As of June 2024

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.

Last Agent to Sell the Property

George Gigliotti

Century 21 Masters License #01351963 Listed on: 05/10/2024

Century 21 Masters

Last Buyer's Agent

Farid Khayamian

Bluxen, Inc. License #01835318

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • Partially Fenced Property
  • Level Lot

Home Design

  • Clay Roof
  • Stucco Exterior

Additional Features

  • 1-Story Property
  • Heating System Uses Natural Gas

Community Details

  • 3 Units
  • Net Operating Income $46,420

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 236-062-06-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: North County
  • Cross Street: 11th Street
  • Neighborhood: Old Escondido
  • LP / Sq Ft: 17.21
  • Stories: 1 Story
  • Sale Price List Price: 1.0
  • Total Stories: 1
  • Year Built: 1948
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Tile/Clay

Utilities

  • Sewer/Septic: Sewer Connected

Condo/Co-op/Association

  • Community: SOUTH ESCONDIDO

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Assessor Parcel Number: 236-062-06-00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 46420
  • Annual Expense Actual: 11600
  • Annual Expense Projected: 15800
  • Gross Rent Multiplier Actual: 18.1
  • Gross Rent Multiplier Projected: 13.7
  • Gross Sched Income Actual: 58020
  • Gross Sched Income Projected: 76800
  • Number Of Buildings: 1
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 3

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2024 06/17/24 Sold $1,050,000 0.0% $503 / Sq Ft
05/13/2024 05/13/24 Pending -- -- --
05/10/2024 05/10/24 For Sale $1,050,000 -- $503 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2024

    George Gigliotti

    Century 21 Masters

    (858) 487-4329

    2 in this area

    5 Total Sales

    George Gigliotti
    Section Image
  • Farid Khayamian

    Buyer's Agent in 2024

    Farid Khayamian

    Bluxen, Inc.

    (858) 535-0000

    40 in this area

    127 Total Sales

    Farid Khayamian
    Section Image
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Map

Source: San Diego MLS

MLS Number: 240010376

San Diego MLS
California San Diego County Escondido 92025 Central Escondido

1001 -1019 S Orange St, Escondido, CA

This home is located at 1001 -1019 S Orange St, Escondido, CA 92025 since 10 May 2024. This property was built in 1948. 1001 -1019 S Orange St is a home located in San Diego County with nearby schools including Felicita Elementary, Del Dios Academy of Arts & Sciences, and San Pasqual High School.

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