NOT LISTED FOR SALE

304-20 S Grape St Escondido, CA 92025

Central Escondido Neighborhood
4 Beds
4 Baths
2,350 Sq Ft
8,723 Sq Ft Lot

Last Sold June 03, 2024

Last sale price $1,275,000 $543 Per Sq Ft

10 Days on Market

Highlights

  • No HOA
  • Rectangular Lot
  • No Heating
  • Laundry Room

About This Home

As of June 2024

Value-add "4 Plex" in the heart of Escondido. Consisting of (2) two Duplexes, (5) five garages and (1) one Extra-large storage area on a large lot makes this a prime candidate for adding a nice ADU for extra cashflow. The investment opportunity consists of all 1 bedroom/1 bath units with a laundry room. Currently, each unit gets 1 garage included in their rent. The 5th garage is rent ready. The 600-foot storage room is the perfect space for a legal ADU. Buyer to verify with the city. There is a laundry room for the tenants to use, free of charge.

Last Agent to Sell the Property

Dave Plutner

DP Properties Brokerage Email: dplutner@gmail.com License #01273425 Listed on: 04/23/2024

Last Buyer's Agent

Angelo La Bruna

Apartment Realty Group (ARG) License #01991625

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 8,723 Sq Ft Lot
  • Lot Dimensions are 57x151
  • 1 Common Wall
  • Rectangular Lot

Parking

  • 4 Open Parking Spaces
  • 5 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,350 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • No Heating

Listing and Financial Details

  • Tax Tract Number 206
  • Assessor Parcel Number 2302710100

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $5,584
  • Insurance Expense $1,800
  • New Taxes Expense $15,904
  • Operating Expense $31,632
  • Gross Income $76,380
  • Net Operating Income $42,456

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Parking

5

Listing Details

  • Assessments: No
  • CapRate: 3.00
  • Price Per Unit: 350000
  • Property Attached: Yes
  • View: No
  • Zoning: R-3
  • Property Type: Residential Income
  • Parcel Number: 2302710100
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 542.55

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: No
  • Total Parking Spaces: 9.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size: 57x151
  • Lot Size Sq Ft: 8723.00
  • Lot Size Acres: 0.2003

Multi Family

  • Average1 Bed Area: 588
  • Electric Expense: 5584.00
  • Gross Income: 76380.00
  • Gross Scheduled Income: 76380.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 8723.0000 Square Feet
  • Net Operating Income: 42456.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 31632.00
  • Rent Control: No
  • Total Actual Rent: 6365.00
  • Total Expenses: 31632.00

Tax Info

  • New Taxes Expense: 15904.00
  • Tax Lot: 00
  • Tax Tract Number: 206

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
06/03/2024 06/03/24 Sold $1,275,000 -8.9% $543 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
04/23/2024 04/23/24 For Sale $1,400,000 -- $596 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Dave Plutner

    Seller's Agent in 2024

    Dave Plutner

    DP Properties

    (858) 964-8087

    4 in this area

    20 Total Sales

    Dave Plutner
    Section Image
  • Angelo La Bruna

    Buyer's Agent in 2024

    Angelo La Bruna

    Apartment Realty Group (ARG)

    (858) 837-1456

    3 in this area

    57 Total Sales

    Angelo La Bruna
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2403419

California Regional Multiple Listing Service (CRMLS)
California San Diego County Escondido 92025 Central Escondido

304-20 S Grape St, Escondido, CA

This home is located at 304-20 S Grape St, Escondido, CA 92025 since 23 April 2024. This property was built in 1950. 304-20 S Grape 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes