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1001 1019 S Orange St Escondido, CA 92025
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Key Details
Sold Price $1,050,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision South Escondido
MLS Listing ID 240010376SD
Year Built 1948
Property Description
The property is a 3 unit triplex in a quiet South Escondido neighborhood. There are two1 bedroom 1 bath units and a 3 bedroom 1 bath unit. Each unit has a 1 car garage. The property has a cash on cash cap rate of 4.4% and a projected cap rate of 5.8%. It is approximately 5 minutes from I-15 and a few additional minutes to freeway 78. It is close to downtown Escondido, North County Mall, and the San Marcos Costco, Walmart, and Home Depot. The units are occupied by long term tenants who pay all utilities except water. The property can only be viewed with an accepted offer which must also include a pre approval loan letter and proof of funds. The Seller will not make any repairs or alterations. Seller to select all services.
Location
State CA
County San Diego
Area 92025 - Escondido
Building/Complex Name NK
Interior
Heating Natural Gas
Cooling None
Exterior
Fence Partial
View Y/N No
Building
Story 1
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Farid Khayamian • Bluxen, Inc.
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