NOT LISTED FOR SALE

935-39 E 7th Ave Escondido, CA 92025

Central Escondido Neighborhood
6 Beds
3 Baths
2,640 Sq Ft
0.44 Acres

Last Sold March 18, 2024

Last sale price $1,090,000 $413 Per Sq Ft

104 Days on Market

Highlights

  • 0.44 Acre Lot
  • No HOA
  • Cul-De-Sac
  • Wood Flooring
  • Cottage
  • Cooling System Mounted To A Wall/Window

About This Home

As of March 2024

3 Identical Detached Units On Flag Lot. Property Is Not Visible From Street. Do Not Disturb Tenants. Property Needs Some Cosmetic Repairs. Each Unit Is 2 Bedroom, 1 Bath With Large Living Rooms. Dining Area Off Of Kitchen. Ceiling Fans. Units Have Window Air Conditioners In Some Rooms. Attached Carports. Fenced Yards. All Units Occupied By Long Term Tenants With Below Market Rents. Market Rents In Area Are $2,100 - $2,900 Per Month. Tenants Pay All Utilities (Gas, Electric, Water, Sewer & Trash). Units Have Separate Gas & Electric Meters & Share A Water Meter. Property Can Be Viewed With Verified Offer.

Last Agent to Sell the Property

Beverly Holtz

Berkshire Hathaway HomeService License #00996458 Listed on: 10/25/2023

Berkshire Hathaway HomeService

Co-Listed By

Charles Hicks

Berkshire Hathaway HomeService License #01817930

Last Buyer's Agent

Farid Khayamian

Bluxen, Inc License #01835318

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 0.44 Acre Lot
  • No Common Walls
  • Cul-De-Sac
  • Wood Fence
  • Needs Fence Repair
  • Flag Lot

Home Design

  • Cottage
  • Cosmetic Repairs Needed
  • Fixer Upper
  • Raised Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof
  • Plaster

Interior Spaces

  • 2,640 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Screens
  • Living Room

Kitchen

  • Gas Oven
  • Gas Range
  • Tile Countertops
  • Laminate Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for telephone
  • Tax Lot 04073
  • Tax Tract Number 3039
  • Assessor Parcel Number 2334801400

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 1 Leased Unit
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $130
  • Insurance Expense $2,400
  • New Taxes Expense $14,300
  • Operating Expense $12,463
  • Gross Income $61,140
  • Net Operating Income $48,677

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 5.09
  • Price Per Unit: 400000
  • Property Attached: No
  • Road Frontage Type: Maintained, City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: R1
  • Architectural Style: Cottage
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Type: Residential Income
  • Gardener Expense: 130.00
  • Parcel Number: 2334801400
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Laminate Counters, Tile Counters, Unfurnished
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Wood
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 412.88
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom
  • Window Features: Screens

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Needs Repair, Wood
  • Pool Private: No
  • Roof: Asphalt, Composition, Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Plaster

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: No
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Water Heater
  • Electric: Standard
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup, Outside, Washer Hookup, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Lot 10000-19999 Sqft, Flag Lot
  • Lot Size Sq Ft: 19361.00
  • Lot Size Acres: 0.4445

Rental Info

  • Tenant Pays: Telephone

Multi Family

  • Gross Income: 61140.00
  • Gross Scheduled Income: 5095.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 19361.0000 Square Feet
  • Net Operating Income: 48677.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 3
  • Number With Patio: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 12463.00
  • Operating Expense Percent: 4154.00
  • Rent Control: No
  • Total Actual Rent: 5095.00
  • Total Expenses: 12463.00

Tax Info

  • New Taxes Expense: 14300.00
  • Tax Lot: 04073
  • Tax Tract Number: 003039

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
03/18/2024 03/18/24 Sold $1,090,000 -9.2% $413 / Sq Ft
02/06/2024 02/06/24 Pending -- -- --
01/29/2024 01/29/24 For Sale $1,200,000 0.0% $455 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
11/06/2023 11/06/23 Price Changed $1,200,000 -7.7% $455 / Sq Ft
10/25/2023 10/25/23 For Sale $1,300,000 -- $492 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Beverly Holtz

    Seller's Agent in 2024

    Beverly Holtz

    Berkshire Hathaway HomeService

    (760) 634-1111

    2 in this area

    36 Total Sales

    Beverly Holtz
    Section Image
  • Charles Hicks

    Seller Co-Listing Agent in 2024

    Charles Hicks

    Berkshire Hathaway HomeService

    (760) 277-2200

    2 in this area

    33 Total Sales

    Charles Hicks
    Section Image

  • F

    Buyer's Agent in 2024

    Farid Khayamian

    Bluxen, Inc

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2308324

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

935-39 E 7th Ave, Escondido, CA

This home is located at 935-39 E 7th Ave, Escondido, CA 92025 since 25 October 2023. This property was built in 1965. 935-39 E 7th Ave is a home located in San Diego County with nearby schools including Juniper Elementary School, Bear Valley Middle School, and Orange Glen 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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