NOT LISTED FOR SALE
6 Beds
3 Baths
2,580 Sq Ft
1981 Built

Last Sold September 29, 2023

Last sale price $1,184,500 $459 Per Sq Ft

86 Days on Market

Highlights

  • Gated Community
  • San Pasqual High School Rated A-
  • Property is Fully Fenced

About This Home

As of September 2023

*NEW PRICE REDUCTION* Lovingly maintained triplex situated in the boundaries of Old Escondido Historic District! Located on a wide, quiet street. Each unit has 2 bedrooms/1 bathroom. Two of the units are on top of each other and the third unit has no one above or below. All units are getting freshened up with fresh paint, new cabinets/countertops in two of the units, new laminate flooring, new carpet and new blinds! Grassy portions of lot offer colorful flowers and fruit trees. All three units come with detached garages. Dedicated, off-street parking also available by the alley for two additional cars. All units have access to a private laundry room on the property, with washer/dryer coin-operated machines. Each unit is separately metered for gas/electricity. This beautiful baby is located only blocks from all the goodies on Grand Avenue and Grape Day Park! Palomar Hospital, various schools, shopping and fruit markets also nearby! This is a HUGE opportunity for anyone looking to get a solid monthly passive rental income (x 3) system!! FUN FACTS: The City of Escondido was incorporated all the way back in October 8th, 1888! This property is located within the Old Escondido Historic District, which is bounded by 4th Ave on the north, 13th Ave on the south, Escondido Boulevard to the west and Chestnut St on the east. The area contains ~900 homes built in the mid-1880s to now, including authentic Victorian, Craftsman and Art Deco!!

Last Agent to Sell the Property

Sasha Harvey

San Diego Castles Realty License #01355590 Listed on: 04/28/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 6,851 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Clay Roof

Additional Features

  • 2-Story Property
  • Cooling System Mounted To A Wall/Window

Community Details

  • 3 Units
  • Gated Community

Listing and Financial Details

  • Tenant pays for sewer, trash, water, cable TV, electricity
  • Assessor Parcel Number 233-242-16-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: North County
  • Cross Street: S. ESCONDIDO BLVD
  • Neighborhood: OLDE ESCONDIDO
  • Supplement: FUN FACTS: The City of Escondido was incorporated all the way back in October 8th, 1888! This property is located within the Old Escondido Historic District, which is bounded by 4th Ave on the north, 13th Ave on the south, Escondido Boulevard to the west and Chestnut St on the east. The area contains ~900 homes built in the mid-1880s to now, including authentic Victorian, Craftsman and Art Deco!!
  • LP / Sq Ft: 17.67
  • Sale Price List Price: 0.99
  • Total Stories: 2
  • Year Built: 1981
  • 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: Wood/Stucco
  • Fencing: Full
  • Roof: Tile/Clay

Utilities

  • Cooling: Wall/Window
  • Security: Gated Community

Condo/Co-op/Association

  • Community: SOUTH ESCONDIDO
  • Manager Name: SELF-MANAGED

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Zoning: MULTI-FAM
  • Assessor Parcel Number: 233-242-16-00
  • Estimated Lot Sq Ft: 6851

Rental Info

  • Tenant Pays: Sewer, Trash, Water, Cable TV, Electricity

Multi Family

  • No. of Units: 3
  • Annual Expense Projected: 12500
  • Gross Rent Multiplier Projected: 15.0
  • Gross Sched Income Projected: 80400
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 3
  • Number Of Units With Garage: 3
  • Number Of Units With Patios: 2

Range of Values:

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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
09/29/2023 09/29/23 Sold $1,184,500 -1.3% $459 / Sq Ft
07/24/2023 07/24/23 Pending -- -- --
07/05/2023 07/05/23 Price Changed $1,200,000 -4.0% $465 / Sq Ft
04/28/2023 04/28/23 For Sale $1,250,000 -- $484 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230006444

San Diego MLS

APN: 233-242-16-00