Seller's Agent in 2025
Bob Davie
SD Residential Property Mgmt
(858) 229-9051
3 in this area
15 Total Sales
904 Chestnut St Escondido, CA 92025
Central Escondido Neighborhood
4
Beds
4
Baths
2,132
Sq Ft
1948
Built
About This Home
As of January 2025***PLEASE DO NOT DISTURB THE TENANTS*** Prime 4-Unit Tenant-Occupied Investment Opportunity in Old Escondido. This fully tenant-occupied, turn-key property is a rare gem in the heart of Old Escondido, offering immediate and consistent income from day one. All four units are leased by long-term tenants, generating over $6,000 in monthly rents, with a strong cap rate that makes this an exceptional opportunity for investors seeking stable cash flow and high returns. The property features one 2-bedroom, 1-bath unit, two 1-bedroom, 1-bath units, and a non-conforming studio all with significant rental upside. Additional amenities include three single-car garages, off-street parking, and private and communal outdoor spaces, all enhancing tenant retention and property value. Located on a quiet residential street this property is perfect for investors looking for a hands-off, income-generating asset in one of Escondido’s great neighborhoods. Seize this rare opportunity to own a fully tenant-occupied property with immediate income and long-term value!
Last Agent to Sell the Property
SD Residential Property Mgmt License #01859951 Listed on: 12/07/2024
Last Buyer's Agent
Farid Khayamian
Bluxen, Inc License #01835318
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1948
Home Design
- Composition Roof
- Stucco Exterior
Additional Features
- 1-Story Property
- Property is Fully Fenced
Listing and Financial Details
- Tenant pays for sewer, trash, water, cable TV, electricity, gas/propane
- Assessor Parcel Number 233-630-36-00
Community Details
Overview
- 2 Buildings
- 4 Units
- Escondido Community
Building Details
- Net Operating Income $62,400
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Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/23/2025 01/23/25 | Sold | $915,000 | -9.7% | $429 / Sq Ft |
| 12/16/2024 12/16/24 | Pending | -- | -- | -- |
| 12/07/2024 12/07/24 | For Sale | $1,013,250 | -- | $475 / Sq Ft |
Source: San Diego MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,374 | $387,886 | $221,651 | $166,235 |
| 2024 | $4,374 | $380,281 | $217,305 | $162,976 |
| 2023 | $4,274 | $372,826 | $213,045 | $159,781 |
| 2022 | $4,228 | $365,517 | $208,868 | $156,649 |
| 2021 | $4,160 | $358,351 | $204,773 | $153,578 |
| 2020 | $4,136 | $354,678 | $202,674 | $152,004 |
| 2019 | $4,036 | $347,724 | $198,700 | $149,024 |
| 2018 | $3,925 | $340,906 | $194,804 | $146,102 |
| 2017 | $3,861 | $334,223 | $190,985 | $143,238 |
| 2016 | $3,786 | $327,671 | $187,241 | $140,430 |
| 2015 | $3,754 | $322,750 | $184,429 | $138,321 |
| 2014 | $3,600 | $316,429 | $180,817 | $135,612 |
Source: Public Records
Agents Affiliated with this Home
-
Bob Davie
-
Katie Acampora
K
Seller Co-Listing Agent in 2025
Katie Acampora
SD Residential Property Mgmt
3 in this area
7 Total Sales
-
F
Buyer's Agent in 2025
Farid Khayamian
Bluxen, Inc
Map
Source: San Diego MLS
MLS Number: 240028103
APN: 233-630-36-00
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