NOT LISTED FOR SALE

209 S Cedar St Escondido, CA 92025

Central Escondido Neighborhood
5 Beds
2 Baths
1,795 Sq Ft
1959 Built

Last Sold September 12, 2023

Last sale price $930,000 $518 Per Sq Ft

7 Days on Market

Highlights

  • Corner Lot
  • Partially Fenced Property
  • 1-Story Property

About This Home

As of September 2023

Two homes on one lot at 209 S Cedar St in Escondido! This property offers two detached homes with separate access on one lot. It's perfect for those who want to enjoy the benefits of added income by renting the second unit or for investors looking for rental income opportunities. The main house offers three large bedrooms, private backyard, and attached garage. The corner unit is a well maintained two bedroom home with a private yard and driveway, with strong in-place rental income. Excellent location is walking distance to shops and restaurants, making it convenient for your daily errands and dining needs. And with easy access to the freeway, you can quickly reach any destination in the San Diego area.

Last Agent to Sell the Property

Alexander Kohl

South Coast Commercial, Inc. License #02024212 Listed on: 08/03/2023

South Coast Commercial, Inc.

Last Buyer's Agent

Jennifer Griffeth

Compass License #01992839

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • Partially Fenced Property
  • Corner Lot
  • Level Lot
  • Sprinklers on Timer

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 230-302-09-00

Community Details

Overview

  • Association fees include sewer, trash pickup, water
  • 2 Buildings
  • 2 Units

Building Details

  • Net Operating Income $10,110

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: North County
  • Cross Street: E 2nd AVe
  • Neighborhood: Central
  • LP / Sq Ft: 18.06
  • Stories: 1 Story
  • Sale Price List Price: 0.98
  • Total Stories: 1
  • Year Built: 1959
  • Allow Comments Review: Yes
  • 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: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Community: EAST ESCONDIDO
  • Home Owner Association Fee Includes: Sewer, Trash Pickup, Water

Lot Info

  • Irrigation: Automatic
  • Lot Size: 4,000-7,499 SF
  • Site: Corner Lot, Curbs, Public Street, Street Paved
  • Topography: Level
  • Assessor Parcel Number: 230-302-09-00

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 10110
  • Annual Expense Actual: 17826
  • Annual Expense Projected: 17826
  • Gross Rent Multiplier Actual: 33.0
  • Gross Rent Multiplier Projected: 13.1
  • Gross Sched Income Actual: 28800
  • Gross Sched Income Projected: 72600
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2

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
09/12/2023 09/12/23 Sold $930,000 -2.1% $518 / Sq Ft
08/11/2023 08/11/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $950,000 +156.8% $529 / Sq Ft
10/11/2013 10/11/13 Sold $370,000 0.0% $206 / Sq Ft
09/23/2013 09/23/13 Pending -- -- --
09/20/2013 09/20/13 For Sale $370,000 -- $206 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Alexander Kohl

    Seller's Agent in 2023

    Alexander Kohl

    South Coast Commercial, Inc.

    (619) 916-9179

    8 in this area

    18 Total Sales

    Section Image

  • J

    Buyer's Agent in 2023

    Jennifer Griffeth

    Compass

    Section Image

  • M

    Seller's Agent in 2013

    Michael Anet

    Woodring Real Estate

  • J

    Seller Co-Listing Agent in 2013

    Jane Aker-Anet

    Woodring Real Estate

    Section Image

  • J

    Buyer's Agent in 2013

    Jake Fair

    Re/Max Associates

  • J

    Buyer's Agent in 2013

    Joan Everest

    Coldwell Banker Realty

    Section Image
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Map

Source: San Diego MLS

MLS Number: 230015026

San Diego MLS

APN: 230-302-09-00

California San Diego County Escondido 92025 Central Escondido

209 S Cedar St, Escondido, CA

This home is located at 209 S Cedar St, Escondido, CA 92025 since 03 August 2023. This property was built in 1959. 209 S Cedar St is a home located in San Diego County with nearby schools including Central Elementary School, Del Dios Academy of Arts & Sciences, and Orange Glen High School.

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