NOT LISTED FOR SALE

620 N Grape St Escondido, CA 92025

Central Escondido Neighborhood
8 Beds
4 Baths
2,992 Sq Ft
9,366 Sq Ft Lot

Last Sold March 29, 2021

Last sale price $895,000 $299 Per Sq Ft

3 Days on Market

Highlights

  • Laundry Room
  • Level Lot
  • Front Yard

About This Home

As of March 2021

Great investment opportunity to add this income property to your portfolio. Located conveniently in the heart of Escondido with easy freeway access. Long term tenants occupy the Four Unit property on a 9366 sq foot lot. Each unit is 2 bedrooms with 1 recently updated bathroom. Carport parking and a separate laundry room service the property. DO NOT GO ON PROPERTY OR DISTURB TENANTS!

Last Agent to Sell the Property

Maureen Tess Fieberg

Compass License #01217712 Listed on: 02/13/2021

Compass

Last Buyer's Agent

Farid Khayamian

Bluxen, Inc. License #01835318

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 9,366 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot
  • Front Yard
  • Density is up to 1 Unit/Acre

Home Design

  • Quadruplex

Interior Spaces

  • 2,992 Sq Ft Home
  • 2-Story Property

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 2292603700
  • Tax Tract Number 4073
  • Assessor Parcel Number 2292603700

Community Details

Overview

  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • Insurance Expense $900
  • Trash Expense $1,300
  • Water Sewer Expense $2,000
  • Operating Expense $1,560
  • Gross Income $73,200
  • Net Operating Income $73,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • CapRate: 8.17
  • Property Attached: Yes
  • Water Sewer Expenses: 2000.00
  • Zoning: Multiple Units
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 2292603700
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 299.13

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community, Dryer Included, Outside, Washer Included
  • Trash Expense: 1300.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Level with Street
  • Lot Size Sq Ft: 9366.00
  • Lot Size Acres: 0.2100

Multi Family

  • Gross Income: 73200.00
  • Gross Scheduled Income: 88800.00
  • Insurance Expense: 900.00
  • Lot Size Area: 9366.0000 Square Feet
  • Net Operating Income: 73200.00
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 15600.00
  • Rent Control: No
  • Total Expenses: 1560.00

Tax Info

  • Tax Lot: 2292603700
  • Tax Tract Number: 04073

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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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 Prior Sale
03/29/2021 03/29/21 Sold $895,000 -0.1% $299 / Sq Ft
03/16/2021 03/16/21 Price Changed $895,900 +0.7% $299 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
02/13/2021 02/13/21 For Sale $889,900 +41.3% $297 / Sq Ft
06/25/2014 06/25/14 Sold $630,000 0.0% $211 / Sq Ft View Prior Sale
04/22/2014 04/22/14 Pending -- -- --
04/17/2014 04/17/14 For Sale $630,000 -- $211 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Maureen Tess Fieberg

    Compass

    Section Image
  • Farid Khayamian

    Buyer's Agent in 2021

    Farid Khayamian

    Bluxen, Inc.

    (858) 535-0000

    38 in this area

    119 Total Sales

    Farid Khayamian
    Section Image
  • Gregg Alexander

    Seller's Agent in 2014

    Gregg Alexander

    AAA Realty & Investments

    (768) 580-0204

    2 in this area

    56 Total Sales

    Gregg Alexander
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2100998

California Regional Multiple Listing Service (CRMLS)

APN: 229-260-37-00

California San Diego County Escondido 92025 Central Escondido

620 N Grape St, Escondido, CA

Not Listed for Sale

MultiFamily

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