NOT LISTED FOR SALE

725 E 7th Ave Escondido, CA 92025

Central Escondido Neighborhood
9 Beds
6 Baths
-- Sq Ft
0.26 Acres

Last Sold November 05, 2020

Last sale price $1,010,000

75 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Level Lot
  • 1-Story Property
  • Partially Fenced Property
  • Wood Siding

About This Home

As of November 2020

Nicely updated 3 unit complex in the heart of Escondido. 2 of 3 units have been upgraded throughout including new flooring, paint, windows, kitchens, & more. You will see the pride of ownership in this property the minute you walk in. Situated with quality long term tenants this property will make for a high quality investment. All 3 units are three bedroom, two bath, and have central air. DO NOT DISTURB TENANTS. Call listing agent for a showing today!

Last Agent to Sell the Property

Brent Edwards

Brent The Broker License #01901833 Listed on: 07/01/2020

Last Buyer's Agent

Jason Baker

Esquire Real Estate, Inc. License #01442693

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 0.26 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System

Home Design

  • Rolled or Hot Mop Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Parking

  • Parking Available
  • Assigned Parking

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2334701000

Community Details

Overview

  • 3 Units
  • Escondido Tri Plex

Building Details

  • Operating Expense $17,830
  • Net Operating Income $55,233

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0

Listing Details

  • CapRate: 4.40
  • Park Name: Escondido Tri Plex
  • Property Attached: No
  • Subdivision Name Other: Southeast Escondido
  • Zoning: R-2:MINOR
  • Property Type: Residential Income
  • Parcel Number: 2334701000
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Appliances: Yes
  • Levels: One

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Roof: Composition, Rolled/Hot Mop
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned

Utilities

  • Heating: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Level, Sprinkler System
  • Lot Size Sq Ft: 11333.00
  • Lot Size Acres: 0.2600

Multi Family

  • Gross Multiplier: 14.10
  • Gross Scheduled Income: 78000.00
  • Lot Size Area: 11333.0000 Square Feet
  • Net Operating Income: 55233.00
  • Number Of Units Total: 3
  • Number With Patio: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Total Expenses: 17830.00

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
11/05/2020 11/05/20 Sold $1,010,000 -8.2% --
09/14/2020 09/14/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $1,100,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brent Edwards

    Seller's Agent in 2020

    Brent Edwards

    Brent The Broker

    (619) 550-8070

    64 Total Sales

    Brent Edwards
    Section Image

  • J

    Buyer's Agent in 2020

    Jason Baker

    Esquire Real Estate, Inc.

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 200030423

California Regional Multiple Listing Service (CRMLS)
California San Diego County Escondido 92025 Central Escondido

725 E 7th Ave, Escondido, CA

Not Listed for Sale

MultiFamily

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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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