$950,000
SOLD SEP 25, 2024

702 E Mission Ave Escondido, CA 92025

Central Escondido Neighborhood
8 Beds
5 Baths
3,340 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$284 Per Sq Ft

14% Below List Price

79 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • No Heating

About This Home

As of September 2024

Established 4-plex, all long term rentals. Well maintained grounds. Plenty of parking, including 4 covered carports and additional parking. Central location near shopping, restaurants and more. Great upside in future rents.

Last Agent to Sell the Property

Jamie Gilman

First Team Real Estate License #00675233 Listed on: 05/28/2024

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 9,583 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached

Interior Spaces

  • 3,340 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 10 Parking Spaces
  • 4 Carport Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Listing and Financial Details

  • Tax Lot 04013
  • Assessor Parcel Number 2300105400

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,875
  • Water Sewer Expense $18,722
  • Operating Expense $18,725
  • Gross Income $71,270
  • Net Operating Income $52,544

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 4.20
  • Price Per Unit: 237500
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 18722.00
  • Zoning: R-3:RESTRICTED MULTIPLE
  • Property Type: Residential Income
  • Parcel Number: 2300105400
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 284.43

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: No
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 6.00

Utilities

  • Heating: No
  • Laundry: No
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9583.20
  • Lot Size Acres: 0.2200

Multi Family

  • Gross Income: 71270.00
  • Gross Scheduled Income: 71270.00
  • Insurance Expense: 3875.00
  • Lot Size Area: 0.2200 Acres
  • Net Operating Income: 52544.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Range: 4
  • Operating Expense: 18725.00
  • Rent Control: No
  • Total Expenses: 18725.00

Tax Info

  • Tax Lot: 04013
  • Tax Tract Number: PM0074

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
09/25/2024 09/25/24 Sold $950,000 -13.6% $284 / Sq Ft
08/15/2024 08/15/24 Pending -- -- --
08/08/2024 08/08/24 Price Changed $1,100,000 0.0% $329 / Sq Ft
08/08/2024 08/08/24 For Sale $1,100,000 -12.0% $329 / Sq Ft
07/10/2024 07/10/24 Pending -- -- --
05/28/2024 05/28/24 For Sale $1,250,000 -- $374 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jamie Gilman

    Seller's Agent in 2024

    Jamie Gilman

    First Team Real Estate

    (760) 500-5189

    1 in this area

    81 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2404630

California Regional Multiple Listing Service (CRMLS)

APN: 230-010-54-00

California San Diego County Escondido 92025 Central Escondido

702 E Mission Ave, Escondido, CA

This home is located at 702 E Mission Ave, Escondido, CA 92025 and is currently priced at $950,000, approximately $284 per square foot. This property was built in 1973. 702 E Mission Ave is a home located in San Diego County with nearby schools including Pioneer Elementary School, Mission Middle, and Escondido High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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