$690,000
SOLD SEP 21, 2021
3 Beds
1 Bath
11,056 Sq Ft
0.25 Acres

Recently Sold

$62 Per Sq Ft

1% Above List Price

6 Days on Market

Highlights

  • Lawn
  • No HOA
  • Wall Furnace
  • San Pasqual High School Rated A-
  • Laundry Room

About This Home

As of September 2021

What a steal, two properties for the price of one, located in the heart historic Escondido! Rent one live in the other or keep both rented. 618 is charming with original hardwood floors, large eat in kitchen, 3 bedrooms 1 bath, Big fenced front yard with mature landscaping. 622 is a newly remodeled, 2 bedroom 1 bath super special unit...Great tenant, super private!

Last Agent to Sell the Property

Robin Haeger

Nancy Russell Prp.Mngmnt/Sales License #01297436 Listed on: 07/26/2021

Last Buyer's Agent

Omid Maghamfar

Coldwell Banker Realty License #01996440

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 0.25 Acre Lot
  • No Common Walls
  • Lawn
  • Density is 21-25 Units/Acre

Parking

  • 1 Car Garage

Home Design

  • 11,056 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 208/5,6
  • Tax Tract Number 336
  • Assessor Parcel Number 2360421100

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,400
  • Water Sewer Expense $2,100
  • New Taxes Expense $1,854
  • Operating Expense $5,346
  • Gross Income $49,025
  • Net Operating Income $41,542

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • CapRate: 6.00
  • Price Per Unit: 342500
  • Property Attached: No
  • Water Sewer Expenses: 2100.00
  • Zoning: Residential
  • Property Type: Residential Income
  • Parcel Number: 2360421100
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 62.41

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Washer Hookup, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: 21-25 Units/Acre, Lawn
  • Lot Size Sq Ft: 11056.00
  • Lot Size Acres: 0.2538

Multi Family

  • Gross Income: 49025.00
  • Gross Scheduled Income: 49025.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 11056.0000 Square Feet
  • Net Operating Income: 41542.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 7482.00
  • Rent Control: No
  • Total Actual Rent: 3625.00
  • Total Expenses: 5345.78

Tax Info

  • New Taxes Expense: 1854.00
  • Tax Lot: 208/5,6
  • Tax Tract Number: 000336

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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
10/14/2021 10/14/21 Rented $2,495 0.0% --
09/25/2021 09/25/21 For Rent $2,495 0.0% --
09/21/2021 09/21/21 Sold $690,000 +0.7% $62 / Sq Ft
08/01/2021 08/01/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $685,000 -- $62 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2108702

California Regional Multiple Listing Service (CRMLS)