NOT LISTED FOR SALE

351 Lansing Cir Escondido, CA 92025

Central Escondido Neighborhood
8 Beds
4 Baths
3,500 Sq Ft
1964 Built

Last Sold April 16, 2021

Last sale price $1,176,000 $336 Per Sq Ft

44 Days on Market

About This Home

As of April 2021

351 Lansing Circle is a completely renovated 4 unit building in a small residential community in Escondido. The unit mix consists of 4 large 2 Bedroom / 1 Bath units each with a single car garage and additional parking space. There is common laundry. This turnkey deal has additional upside in the rents and an HOA of $450/month that covers trash, landscaping, common area maintenance and management.

Last Agent to Sell the Property

Benn Vogelsang

NorthMarq Multifamily License #01883437 Listed on: 01/25/2021

Last Buyer's Agent

Chuck Weller

Century 21-Alpha License #00975680

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

HOA Fees

  • $450 per month

Additional Features

  • 2-Story Property
  • 6,698 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 229-311-07-00

Community Details

Overview

  • 4 Units
  • Lansing Community

Building Details

  • Net Operating Income $56,240

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: North County
  • Cross Street: Hickory
  • Neighborhood: Escondido
  • LP / Sq Ft: 21.3
  • Stories: 2 Story
  • Sale Price List Price: 0.98
  • Total Stories: 2
  • Year Built: 1964
  • Allow Comments Review: Yes
  • 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

Condo/Co-op/Association

  • Complex Name: Lansing
  • Total Fees: 5400.0
  • Community: EAST ESCONDIDO
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 450.0
  • Home Owner Association Payment Frequency: Monthly

Fee Information

  • Total Monthly Fees: 450

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 229-311-07-00
  • Estimated Lot Sq Ft: 6698

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 56240
  • Annual Expense Actual: 26963
  • Annual Expense Projected: 26963
  • Gross Rent Multiplier Actual: 14.0
  • Gross Rent Multiplier Projected: 13.6
  • Gross Sched Income Actual: 85776
  • Gross Sched Income Projected: 88176
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 4
  • Number Of Units With Dishwashers: 4
  • Number Of Units With Garage: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Other Income Actual: 148
  • Other Income Projected: 148.0

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
04/16/2021 04/16/21 Sold $1,176,000 -1.8% $336 / Sq Ft
03/11/2021 03/11/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $1,198,000 0.0% $342 / Sq Ft
02/24/2021 02/24/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $1,198,000 +74.6% $342 / Sq Ft
02/01/2019 02/01/19 Sold $686,000 -1.3% $196 / Sq Ft
01/07/2019 01/07/19 Pending -- -- --
12/17/2018 12/17/18 For Sale $695,000 -- $199 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Benn Vogelsang

    Seller's Agent in 2021

    Benn Vogelsang

    NorthMarq Multifamily

    (415) 250-4947

    3 in this area

    103 Total Sales

    Benn Vogelsang
    Section Image

  • C

    Buyer's Agent in 2021

    Chuck Weller

    Century 21-Alpha

  • Toni Cieri

    Buyer's Agent in 2021

    Toni Cieri

    Berkshire Hathaway HomeService

    (858) 229-4911

    1 in this area

    16 Total Sales

    Toni Cieri
    Section Image
  • Alexander Kohl

    Seller's Agent in 2019

    Alexander Kohl

    South Coast Commercial, Inc.

    (619) 916-9179

    8 in this area

    18 Total Sales

    Alexander Kohl
    Section Image
  • Brendan Flynn

    Seller Co-Listing Agent in 2019

    Brendan Flynn

    South Coast Commercial, Inc.

    (339) 222-3361

    1 in this area

    41 Total Sales

    Brendan Flynn
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 210002044

San Diego MLS

APN: 229-311-07-00

California San Diego County Escondido 92025 Central Escondido

351 Lansing Cir, Escondido, CA

This home is located at 351 Lansing Cir, Escondido, CA 92025 since 25 January 2021. This property was built in 1964. 351 Lansing Cir is a home located in San Diego County with nearby schools including Central Elementary School, Del Dios Academy of Arts & Sciences, and Escondido 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.

San Diego MLS This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly
prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS.

Nearby Homes