NOT LISTED FOR SALE
3 Beds
2 Baths
9,483 Sq Ft
0.86 Acre Lot

Sale Details

Date Sold: October 26, 2020

Last sale price $2,725,000 $287 Per Sq Ft

26 Days on Market

Highlights

  • 0.86 Acre Lot
  • Landscaped
  • Laundry Facilities

About This Home

As of October 2020

We are pleased to present the beautiful single story Juniper Village apartments. Sitting on 3 parcels of land with a half acre dedicated to the tenants community area and being majority two bedroom units, this property offers tenants a home like feel. The property boasts an abundance amount of cashflow with RUBS implemented and strong rents. Located minutes from the historic downtown Escondido and the I-15/78 Corridor gives tenants easy access to entertainment and employment. An investor can enjoy owning a extremely well maintained property that still offers a significant amount of upside, but can purchased at over a 5 CAP rate.

Last Agent to Sell the Property

Gary Tolfa

Triqor Group License #00955403 Listed on: 06/03/2020

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 37,338 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped

Parking

  • 5 Car Garage
  • 5 Carport Spaces

Home Design

  • 9,483 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 19 / 188
  • Tax Tract Number 725
  • Assessor Parcel Number 2336003400

Community Details

Building Details

  • Rent Control
  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • Insurance Expense $3,319
  • New Taxes Expense $32,894
  • Operating Expense $67,083
  • Gross Income $218,664
  • Net Operating Income $145,021

Additional Features

  • 10 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0.86 Acres

Parking

5

Listing Details

  • CapRate: 5.10
  • Property Attached: Yes
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 2336003400
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 287.36

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 5.00
  • Garage Spaces: 5.00
  • Total Parking Spaces: 10.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 37338.00
  • Lot Size Acres: 0.8572

Multi Family

  • Gross Income: 218664.00
  • Gross Multiplier: 13.03
  • Gross Operating Income: 212104.00
  • Gross Scheduled Income: 218664.00
  • Insurance Expense: 3319.00
  • Lot Size Area: 37338.0000 Square Feet
  • Net Operating Income: 145021.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Units Total: 10
  • Operating Expense: 67083.00
  • Rent Control: Yes
  • Total Expenses: 67083.00

Tax Info

  • New Taxes Expense: 32894.00
  • Tax Block: 188
  • Tax Census Tract: 206.02
  • Tax Lot: 19
  • Tax Tract Number: 725

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2019
Sold by
Bought by

Purchase Details

Closed on
Dec 6, 2017
Sold by
Bought by

Purchase Details

Closed on
Mar 2, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,158,000
Interest Rate
3.65%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- None Available
$1,650,000 Chicago Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,400,000
Previous Owner $1,158,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/26/2020 10/26/20 Sold $2,725,000 -4.4% $287 / Sq Ft
06/03/2020 06/03/20 For Sale $2,850,000 -- $301 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $10,132 $902,582 $585,161 $317,421
2025 $9,925 $884,886 $573,688 $311,198
2024 $9,925 $867,537 $562,440 $305,097
2023 $9,701 $850,527 $551,412 $299,115
2022 $9,598 $833,850 $540,600 $293,250
2021 $9,442 $817,500 $530,000 $287,500
2020 $6,704 $576,937 $412,099 $164,838
2019 $6,542 $565,625 $404,019 $161,606
2018 $6,361 $554,536 $396,098 $158,438
2017 $6,258 $543,664 $388,332 $155,332
2016 $6,138 $533,005 $380,718 $152,287
2015 $1,382 $117,038 $38,430 $78,608
2014 $1,327 $114,747 $37,678 $77,069
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20106662

California Regional Multiple Listing Service (CRMLS)

APN: 233-600-34-00

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