NOT LISTED FOR SALE

402 W Lincoln Ave Escondido, CA 92026

Central Escondido Neighborhood
12 Beds
8 Baths
-- Sq Ft
2008 Built

Last Sold June 16, 2023

Last sale price $2,125,000

3 Days on Market

About This Home

As of June 2023

We are pleased to present the Lincoln Homes community! Built in 2008, this boutique property boasts high-end living in the highly coveted submarket of Escondido, CA. Nestled amidst the beautiful garden-style setting, the multi-story community features four distinct residences, offering a perfect blend of privacy and exclusivity. Step inside to discover a collection of four (4), stunning three-bedroom/two-bathroom homes ranging in size from 1,440 to 1,600 square feet. Each residence is thoughtfully designed to offer a premium living experience, complete with upgraded finishes and modern features. Enjoy a host of upscale amenities including custom cabinets, granite countertops, stainless steel appliances, upgraded flooring, in-unit washers & dryers, central air and heating, 9-foot ceilings, and a private patio or balcony area. The common areas are designed to promote a sense of community and provide residents with multiple spaces to relax and unwind.

Last Agent to Sell the Property

Bill Anderson

Acre Investment Real Estate License #01441142 Listed on: 05/15/2023

Last Buyer's Agent

Nic Lyon

Acre Investment Real Estate License #01469439

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2008

Parking

  • Automatic Gate

Home Design

  • Metal Roof
  • Clay Roof
  • Stucco Exterior

Additional Features

  • 2-Story Property
  • Gated Home
  • Central Air

Listing and Financial Details

  • Tenant pays for cable TV
  • Assessor Parcel Number 2280800400

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • Net Operating Income $114,196

Property Details

Home Type

Multi-Family

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: North County
  • Cross Street: Centre City Parkway
  • Neighborhood: Escondido
  • Stories: 2 Story
  • Sale Price List Price: 1.06
  • Total Stories: 2
  • Year Built: 2008
  • 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: Stucco
  • Fencing: Gate
  • Roof: Metal, Tile/Clay

Utilities

  • Cooling: Central Forced Air
  • Security: Automatic Gate

Lot Info

  • Lot Size: .25 to .5 AC
  • Zoning: R-4
  • Assessor Parcel Number: 2280800400

Rental Info

  • Tenant Pays: Cable TV

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 114196
  • Gross Rent Multiplier Actual: 12.72
  • Number Of Buildings: 4
  • Number Of Units With Cooling: 4
  • Number Of Units With Dishwashers: 4
  • Number Of Units With Garage: 4
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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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 List to Sale Price per Sq Ft
06/16/2023 06/16/23 Sold $2,125,000 +6.3% --
05/19/2023 05/19/23 Pending -- -- --
05/15/2023 05/15/23 For Sale $2,000,000 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Bill Anderson

    Seller's Agent in 2023

    Bill Anderson

    Acre Investment Real Estate

    (858) 245-4887

    2 in this area

    17 Total Sales

    Bill Anderson
    Section Image
  • Nic Lyon

    Buyer's Agent in 2023

    Nic Lyon

    Acre Investment Real Estate

    (760) 473-9655

    1 in this area

    12 Total Sales

    Nic Lyon
    Section Image
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Map

Source: San Diego MLS

MLS Number: 230009005

San Diego MLS

APN: 228-080-04-00

California San Diego County Escondido 92026 Central Escondido

402 W Lincoln Ave, Escondido, CA

Not Listed for Sale

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