NOT LISTED FOR SALE

355 Lansing Cir Escondido, CA 92025

Central Escondido Neighborhood
8 Beds
4 Baths
3,500 Sq Ft
8,313 Sq Ft Lot

Last Sold November 22, 2019

Last sale price $810,000 $231 Per Sq Ft

65 Days on Market

Highlights

  • Cul-De-Sac
  • Level Lot
  • Wood Siding
  • Laundry Facilities

About This Home

As of November 2019

Fantastic 4 unit property located in the heart of Escondido with excellent CAP rate. Extremely well priced for the rare 4-plex with 2 up/2 down, 4 single car detached garages plus 4 open spaces, on site coin-op laundry for added income. All units have been updated. Newer roof (5 years), new water heater. Great cul-de-sac location with paved alley for garage access. HOA covers trash, landscape, common area maintenance & on-site prop mgr. Low vacancy due to walking distance to everything. Great Mix!

Last Agent to Sell the Property

Kelly Jones

Redfin Corporation License #01318820 Listed on: 08/22/2019

Redfin Corporation

Last Buyer's Agent

Larry Baker

Larry Baker, Broker License #00619745

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 8,313 Sq Ft Lot
  • Cul-De-Sac
  • Level Lot
  • Sprinklers on Timer

HOA Fees

  • $450 per month

Parking

  • Alley Access

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Schools

  • Escondido Union School District Elementary And Middle School
  • Escondido Union High School District

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 229-311-09-00

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), limited insurance
  • 4 Units
  • Lansing Circle Community

Pet Policy

  • Pets Allowed

Additional Features

  • Laundry Facilities
  • Net Operating Income $48,221

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: North Hickory
  • Neighborhood: Escondido
  • Stories: 2 Story
  • Sale Price List Price: 0.95
  • 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

Exterior Features

  • Exterior Material: Stucco, Wood
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Complex Name: Lansing Circle
  • Total Fees: 5400.0
  • Pets Allowed: Yes
  • Community: EAST ESCONDIDO
  • Complex Features: Laundry Facilities
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Limited Insurance
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 450.0
  • Home Owner Association Payment Frequency: Monthly

Fee Information

  • Total Monthly Fees: 450

Schools

  • School District URL: https://www.euhsd.org/
  • Elementary School: Escondido Union School District
  • Elementary School Website: https://eusd.org/
  • High School: Escondido Union High School District
  • Middle School Url: https://eusd.org/
  • Middle School: Escondido Union School District

Lot Info

  • Irrigation: Automatic, Sprinklers
  • Lot Size: 7,500-10,889 SF
  • Site: Alley Access, Cul-De-Sac, Curbs, Public Street, Street Paved
  • Topography: Level
  • Water District: CITY OF ESCONDIDO
  • Assessor Parcel Number: 229-311-09-00
  • Estimated Lot Sq Ft: 8313
  • Water District URL: http://www.ci.escondido.ca.us/depts/pw
  • Estimated Number of Acres: 0.19

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 48221
  • Annual Expense Actual: 17679
  • Gross Rent Multiplier Actual: 148.0
  • Gross Sched Income Actual: 62300
  • Number Of Buildings: 1
  • Number Of Units With Garage: 4
  • Number Of Units With Range Oven: 4
  • Other Income Actual: 3600

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
11/22/2019 11/22/19 Sold $810,000 -4.6% $231 / Sq Ft
10/27/2019 10/27/19 Pending -- -- --
10/24/2019 10/24/19 For Sale $849,000 0.0% $243 / Sq Ft
10/11/2019 10/11/19 Pending -- -- --
09/27/2019 09/27/19 For Sale $849,000 0.0% $243 / Sq Ft
09/18/2019 09/18/19 Pending -- -- --
08/22/2019 08/22/19 For Sale $849,000 +63.3% $243 / Sq Ft
01/11/2013 01/11/13 Sold $520,000 -1.7% $148 / Sq Ft
12/12/2012 12/12/12 Pending -- -- --
10/31/2012 10/31/12 For Sale $529,000 -- $151 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    Kelly Jones

    Redfin Corporation

    Kelly Jones
    Section Image

  • L

    Buyer's Agent in 2019

    Larry Baker

    Larry Baker, Broker

  • B

    Seller's Agent in 2013

    Bryan Cathcart

    Renovation Realty

    Section Image
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Map

Source: San Diego MLS

MLS Number: 190046797

San Diego MLS

APN: 229-311-09-00

California San Diego County Escondido 92025 Central Escondido

355 Lansing Cir, Escondido, CA

This home is located at 355 Lansing Cir, Escondido, CA 92025 since 22 August 2019. This property was built in 1964. 355 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.

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