NOT LISTED FOR SALE
4 Beds
2 Baths
1,800 Sq Ft
1958 Built

Last Sold January 06, 2021

Last sale price $590,000 $328 Per Sq Ft

5 Days on Market

Highlights

  • Partially Fenced Property
  • Gentle Sloping Lot
  • Wood Siding

About This Home

As of January 2021

Two homes on one lot in the heart of downtown Escondido. Perfect for a home owner looking for extra income or an investor. Separate entrances and yards give each house privacy. Both units have off-street parking. The front house has a bonus room while the back house has a sizeable garage. Laundry hookups in units and tenants are month-to-month. Please do not disturb tenants or walk on property.

Last Agent to Sell the Property

Alexander Kohl

South Coast Commercial, Inc. License #02024212 Listed on: 10/29/2020

South Coast Commercial, Inc.

Last Buyer's Agent

Farid Khayamian

The Carroll Group License #01835318

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • Partially Fenced Property
  • Gentle Sloping Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property

Utilities

  • Radiant Heating System
  • Heating System Uses Propane
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 230-261-02-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Net Operating Income $19,829

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: North County
  • Cross Street: S Grape
  • Neighborhood: Downtown
  • LP / Sq Ft: 19.85
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Total Stories: 2
  • Year Built: 1958
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Radiant

Condo/Co-op/Association

  • Community: EAST ESCONDIDO

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Slope Gentle
  • Assessor Parcel Number: 230-261-02-00

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 19829
  • Gross Rent Multiplier Actual: 17.3
  • Gross Rent Multiplier Projected: 13.3
  • Number Of Buildings: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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
01/06/2021 01/06/21 Sold $590,000 0.0% $328 / Sq Ft
11/04/2020 11/04/20 Pending -- -- --
10/29/2020 10/29/20 For Sale $590,000 -- $328 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,169 $638,634 $503,330 $135,304
2024 $7,169 $626,112 $493,461 $132,651
2023 $7,007 $613,836 $483,786 $130,050
2022 $6,933 $601,800 $474,300 $127,500
2021 $3,620 $311,812 $125,278 $186,534
2020 $3,599 $308,616 $123,994 $184,622
2019 $3,512 $302,565 $121,563 $181,002
2018 $3,416 $296,633 $119,180 $177,453
2017 $3,360 $290,818 $116,844 $173,974
2016 $3,296 $285,116 $114,553 $170,563
2015 $3,268 $280,834 $112,833 $168,001
2014 $3,134 $275,334 $110,623 $164,711
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200050134

San Diego MLS

APN: 230-261-02-00