NOT LISTED FOR SALE
6 Beds
3 Baths
2,400 Sq Ft
7,139 Sq Ft Lot

Sale Details

Date Sold: April 2, 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

Premiere Real Estate
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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

7,139 Sq Ft Lot

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

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2020
Closed on
Feb 29, 2020
Sold by
Bought by
Seller's Agent
Adam Cairo
Starker West, Inc.
Buyer's Agent
Chris Walker
Premiere Real Estate
List Price
$735,000
Sold Price
$747,000
Premium/Discount to List
$12,000
1.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,400
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2019
Sold by
Bought by

Purchase Details

Closed on
Jan 26, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
6.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 15, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,000
Interest Rate
5.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 9, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,250
Interest Rate
5.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 9, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,300
Interest Rate
9.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 5, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,300
Interest Rate
9.75%
Mortgage Type
Commercial

Purchase Details

Closed on
May 4, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
6.84%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Central Escondido, CA

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Purchase 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 Buyer Sale Price Title Company
$747,000 Chicago Title Company
$300,000 Fidelity National Title
$570,000 New Century Title Company
-- Chicago Title Co
$405,000 Lawyers Title
-- Southland Title
$339,500 Southland Title
$152,500 Fidelity National Title Co
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $546,000
Closed $536,400
Previous Owner $300,000
Previous Owner $342,000
Previous Owner $393,000
Previous Owner $20,250
Previous Owner $344,250
Previous Owner $237,300
Previous Owner $165,000
Previous Owner $50,000
Previous Owner $122,000
Source: Public Records

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
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

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
2026 $9,358 $833,287 $446,205 $387,082
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

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Map

Source: San Diego MLS

MLS Number: 200006904

San Diego MLS

APN: 230-292-04-00

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