NOT LISTED FOR SALE
4 Beds
4 Baths
2,112 Sq Ft
9,147 Sq Ft Lot

Last Sold July 23, 2014

Last sale price $590,000 $279 Per Sq Ft

1 Day on Market

Highlights

  • City Lights View
  • Satellite Dish
  • Gentle Sloping Lot
  • Corner Lot
  • Property is Fully Fenced

About This Home

As of July 2014

Sale property is two duplexes on one lot. Each duplex has two one bedroom apartments. The tenants all have a separate garage underneath their unit. A fifth garage rents for $100/mo. There is a common laundry room and a 500+ sq ft storage room that rents for $300/mo. Duplexes are in an area that is heavily treed, quiet, safe and 5 minutes from restaurants, etc. Sale property is two duplexes on one lot. Each duplex has two one bedroom apartments. The tenants all have a separate garage underneath their unit. A fifth garage rents for $100/mo. There is a common laundry room and a 500+ sq ft storage room that rents for $300/mo. Duplexes are in an area that is heavily treed, quiet, safe and 5 minutes from restaurants, etc.

Last Agent to Sell the Property

Jonathan Minerick

HomeCoin.com License #01523060 Listed on: 05/19/2014

Last Buyer's Agent

Laura A. Sarup

Money World Sales & Mortgage, Inc. License #01200929

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 9,147 Sq Ft Lot
  • Property is Fully Fenced
  • Corner Lot
  • Gentle Sloping Lot
  • Sprinkler System

Parking

  • Alley Access

Home Design

  • Rolled or Hot Mop Roof
  • Tar and Gravel Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • City Lights Views

Schools

  • Escondido Union School District Elementary And Middle School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 230-271-01-00

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • 304 320 S Grape St Community

Recreation

  • Recreational Area

Pet Policy

  • Breed Restrictions

Building Details

  • Net Operating Income $34,805

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: North County
  • Cross Street: Third Ave
  • Neighborhood: Escondido
  • Supplement: Sale property is two duplexes on one lot. Each duplex has two one bedroom apartments. The tenants all have a separate garage underneath their unit. A fifth garage rents for $100/mo. There is a common laundry room and a 500+ sq ft storage room that rents for $300/mo. Duplexes are in an area that is heavily treed, quiet, safe and 5 minutes from restaurants, etc.
  • LP / Sq Ft: 17.35
  • Stories: 2 Story
  • Sale Price List Price: 0.96
  • Total Stories: 2
  • Year Built: 1950
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Prkng Non Garage Spac U3: 1
  • Prkng Non Garage Spac U4: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Rock/Gravel, Rolled/Hot Mop
  • View: Evening Lights

Utilities

  • Cooling: Wall/Window
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial), Satellite Dish

Condo/Co-op/Association

  • Complex Name: 304-320 S Grape St
  • Pets Allowed: Allowed w/Restrictions
  • Community: EAST ESCONDIDO
  • Complex Features: Recreation Area
  • Manager Name: John Silverwood
  • Manager Phone: 858-504-1741

Schools

  • Elementary School: Escondido Union School District
  • Elementary School Website: https://eusd.org/
  • Middle School Url: https://eusd.org/
  • Middle School: Escondido Union School District

Lot Info

  • Irrigation: Sprinklers
  • Lot Size: 7,500-10,889 SF
  • Site: Alley Access, Corner Lot, Curbs, Public Street, Street Paved
  • Topography: Slope Gentle
  • Water District: CITY OF ESCONDIDO
  • Zoning: R-20
  • Assessor Parcel Number: 230-271-01-00
  • Land Use Code: R-20
  • Estimated Lot Dimensions: 70 x 131
  • Estimated Lot Sq Ft: 9147
  • Water District URL: http://www.ci.escondido.ca.us/depts/pw
  • Estimated Number of Acres: 0.21
  • Map Code Column: A
  • Map Code Page: 1103
  • Map Code Row: 2

Rental Info

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

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 34805
  • Annual Expense Actual: 15568
  • Annual Expense Projected: 18556
  • Gross Rent Multiplier Actual: 12.2
  • Gross Rent Multiplier Projected: 11.4
  • Gross Sched Income Actual: 50373
  • Gross Sched Income Projected: 54000
  • Number Of Buildings: 2
  • Number Of Furnished Units: 4
  • Number Of Units With Cooling: 4
  • Number Of Units With Dishwashers: 4
  • Number Of Units With Garage: 4
  • Number Of Units With Patios: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

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
07/23/2014 07/23/14 Sold $590,000 -4.1% $279 / Sq Ft
05/20/2014 05/20/14 Pending -- -- --
05/19/2014 05/19/14 For Sale $615,000 -- $291 / 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: 140026736

San Diego MLS

APN: 230-271-01-00