NOT LISTED FOR SALE

925 E Grand Ave Escondido, CA 92025

Central Escondido Neighborhood
6 Beds
3 Baths
2,400 Sq Ft
7,139 Sq Ft Lot

Last Sold April 02, 2020

Last sale price $747,000 $311 Per Sq Ft

13 Days on Market

Highlights

  • Property is Fully Fenced
  • Wood Siding
  • 1-Story Property

About This Home

As of April 2020

The 925 E Grand Ave Apartments are located just east of Interstate 15 in Escondido, CA. Built in 1959, the property is a 3-unit apartment complex comprised of 3 two-bedroom / one-bathroom apartments on a large 7,140 square foot lot. Amenities include off-street parking and gated security. This property offers a solid base for an investor to complete their own renovations and capitalize on the rents this location can produce.

Last Agent to Sell the Property

Adam Cairo

Starker West, Inc. License #01948040 Listed on: 02/11/2020

Co-Listed By

Seth Watje

Starker West, Inc. License #01805453

Last Buyer's Agent

Chris Walker

Premiere Real Estate License #01745712

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 7,139 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 230-292-04-00

Community Details

Overview

  • 3 Units
  • Escondido Community

Building Details

  • Net Operating Income $38,099

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: North County
  • Cross Street: N Date St
  • Neighborhood: Escondido
  • LP / Sq Ft: 18.06
  • Stories: 1 Story
  • Sale Price List Price: 1.0
  • Total Stories: 1
  • Year Built: 1959
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Full
  • Roof: Composition

Condo/Co-op/Association

  • Complex Name: Escondido
  • Community: EAST ESCONDIDO

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Zoning: RESTRICTED
  • Assessor Parcel Number: 230-292-04-00
  • Estimated Lot Sq Ft: 7139
  • Estimated Number of Acres: 0.16
  • Map Code Column: A
  • Map Code Page: 1130
  • Map Code Row: 2

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 38099
  • Gross Rent Multiplier Actual: 13.1
  • Gross Rent Multiplier Projected: 12.4
  • Number Of Buildings: 1
  • Number Of Units With Refrigerator: 4

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
04/02/2020 04/02/20 Sold $747,000 +1.6% $311 / Sq Ft
02/25/2020 02/25/20 Pending -- -- --
02/11/2020 02/11/20 For Sale $735,000 -- $306 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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 $9,166 $816,949 $437,456 $379,493
2024 $9,166 $800,931 $428,879 $372,052
2023 $8,959 $785,227 $420,470 $364,757
2022 $8,864 $769,831 $412,226 $357,605
2021 $8,720 $754,738 $404,144 $350,594
2020 $7,286 $627,300 $408,000 $219,300
2019 $7,110 $615,000 $400,000 $215,000
2018 $6,880 $600,000 $384,000 $216,000
2017 $42 $500,000 $320,000 $180,000
2016 $5,187 $450,000 $288,000 $162,000
2015 $5,222 $450,000 $288,000 $162,000
2014 $4,429 $390,000 $250,000 $140,000
Source: Public Records

Agents Affiliated with this Home

  • Adam Cairo

    Seller's Agent in 2020

    Adam Cairo

    Starker West, Inc.

    (619) 300-0173

    1 in this area

    40 Total Sales

    Adam Cairo
    Section Image
  • Seth Watje

    Seller Co-Listing Agent in 2020

    Seth Watje

    Starker West, Inc.

    (619) 358-3748

    2 in this area

    34 Total Sales

    Seth Watje
    Section Image

  • C

    Buyer's Agent in 2020

    Chris Walker

    Premiere Real Estate

    Section Image
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Map

Source: San Diego MLS

MLS Number: 200006904

San Diego MLS

APN: 230-292-04-00

California San Diego County Escondido 92025 Central Escondido

925 E Grand Ave, Escondido, CA

Not Listed for Sale

MultiFamily

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