NOT LISTED FOR SALE
6 Beds
3 Baths
3,103 Sq Ft
6,856 Sq Ft Lot

Last Sold May 24, 2022

Last sale price $1,240,000 $400 Per Sq Ft

7 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • No HOA
  • San Pasqual High School Rated A-
  • Corner Lot
  • Tile Countertops

About This Home

As of May 2022

Property like this rarely comes available! Move-in Ready rental units in superior location in Historic Escondido. Each spaciously-designed unit in this Triplex is approx 1034 square feet (one built as an "owner's unit" with front & side yard) and has everything you need to move renters in: washer/dryer, forced air and gas heater, 1-car garage, updated shower valves, faucets and supply lines/valves, and updated electrical finish. Fresh carpet and paint. Walk to everything, including mass transit center. Potential for extra density units with the garages! Photos are from unit 706. Rental amounts listed are projected rents.

Last Agent to Sell the Property

David Klose

RE/MAX Connections License #01120693 Listed on: 04/26/2022

RE/MAX Connections

Last Buyer's Agent

Janette M Leyden

Cashin Company License #01477489

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • 6,856 Sq Ft Lot
  • Two or More Common Walls
  • West Facing Home
  • Corner Lot
  • Paved or Partially Paved Lot
  • Density is up to 1 Unit/Acre

Parking

  • 3 Open Parking Spaces
  • 3 Car Garage
  • Parking Available
  • Three Garage Doors
  • Shared Driveway
  • On-Street Parking

Home Design

  • Triplex
  • Turnkey

Interior Spaces

  • 3,103 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Awning
  • Storage
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 04000 / 192/16
  • Tax Tract Number 336
  • Assessor Parcel Number 2333810800

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Recreation

  • Bike Trail

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Other Expense $5,760
  • New Taxes Expense $9,775
  • Operating Expense $5,760
  • Gross Income $95,400
  • Net Operating Income $95,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1961 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • CapRate: 4.50
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: R-1:Single Fam-Res
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 2333810800
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Storage, Tile Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Carpet, Wood
  • Appliances: No
  • Price Per Square Foot: 399.61

Exterior Features

  • Direction Faces: West
  • Exterior Features: Awning(s), Lighting, Rain Gutters
  • Fence: No
  • Pool Private: Yes
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage - Three Door, Shared Driveway, Street
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Dryer Included, In Kitchen, Washer Included
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Biking

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Paved
  • Lot Size: .16
  • Lot Size Sq Ft: 6856.00
  • Lot Size Acres: 0.1574

Multi Family

  • Gross Income: 95400.00
  • Gross Scheduled Income: 95400.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 6856.0000 Square Feet
  • Net Operating Income: 95400.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Disposal: 3
  • Number With Patio: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Other Expense: 5760.00
  • Other Expense Description: T,W,S
  • Rent Control: No
  • Total Expenses: 5760.00

Tax Info

  • New Taxes Expense: 9775.00
  • Tax Block: 192/16
  • Tax Lot: 04000
  • Tax Tract Number: 000336

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 List to Sale Price per Sq Ft
05/24/2022 05/24/22 Sold $1,240,000 -2.7% $400 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
05/03/2022 05/03/22 Price Changed $1,275,000 +8.5% $411 / Sq Ft
04/26/2022 04/26/22 For Sale $1,175,000 -- $379 / 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: NDP2203887

California Regional Multiple Listing Service (CRMLS)