319-27 W. 10th Ave., Escondido, CA 92025 - 250019528 - iPro Real Estate

319-27 W. 10th Ave.
Escondido, CA 92025

Active, Multi-Family/Income Sale

New Listing
For Sale

$1,395,000 $465.62 per sqft

Free Professional CMA

Listing ID : 250019528

  • Beds

    8
  • Baths

    5/0
  • Structure

    2,996 Sqft
  • Year

    2004

Description

This 3-Unit rental property near Downtown Escondido has everything an investor looks for: large units, newer building systems, 42% upside in rent, garages & off-street parking. The property sits on a 6,837sf lot and consists of two (2) 3Bedroom / 2Bathroom 1,178sf townhome style units which were built in 2004, and one (1) 2Bedroom / 1Bathroom 640sf main house. Tenant amenities include in-unit washer dryer, three (3) single-car garages for potential ADU conversion, and three (3) off-street parking spots. The W 10th Ave Apartment Homes is the perfect opportunity for a value-add investor looking for a well-maintained property with upside in rents and ADU Potential, or an owner-occupant looking for extra cash flow to cover the mortgage.

Details

Type: Multi-Family/Income Sale 
Subdivision: South Escondido 
MLS Area: North County 
County: San Diego 
Tax ID: 2335110500
Security Deposit: $112,200 
Building Name: N/a 
Building Size: 112,200 SqFt 
Cap Rate: 3% 
Net Operating Income: $47,152 
Days on Market: 2 
Appliances: Dishwasher, Range/Oven, Refrigerator, Dryer, Washer 
Number of Units: 3 
Property Type: Residential Income 
Roof: Composition 
Sub Type: Multi Family 

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33.111649 -117.078888 $1,395,000 250019528
319-27 W. 10th Ave., Escondido, CA 92025
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Listed by Angelo La Bruna with Apartment Realty Group (ARG)