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

Sale Details

Date Sold: January 6, 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

Last Buyer's Agent

Farid Khayamian

Bluxen, Inc. License #01835318

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property

Lot Details

  • Partially Fenced Property
  • Gentle Sloping Lot

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

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2021
Sold by
Bought by

Purchase Details

Listed on
Oct 29, 2020
Closed on
Nov 9, 2020
Sold by
Bought by
Seller's Agent
Alexander Kohl
South Coast Commercial, Inc.
Buyer's Agent
Farid Khayamian
Bluxen, Inc.
List Price
$590,000
Sold Price
$590,000

Purchase Details

Closed on
Apr 19, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,200
Interest Rate
0.0715%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$590,000 Ticor Title San Diego
$224,000 Equity Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $400,000
Closed $320,000
Closed $157,946
Closed $245,430
Closed $182,000
Closed $181,000
Closed $25,000
Closed $179,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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