1031 W Lincoln Ave

    Escondido, CA 92026
    • $1,790,000
    • STATUS: ACTIVE
    • ON SITE: 103 days
    • ID#: 180043623
    UPDATED: 59 min ago
    $1,790,000
    • 15
      BEDS
    • 0.5
      ACRES
    • 11
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    This 7 unit complex was built in 1988 on half acre land, and features two buildings. First one is a single story with two (2Bed/1Bath) units with fenced private backyards. The second one has five units with two (3Bed/2Bath), two (2BED/2Bath), and One (1Bed/1Bath). Fifteen on-site parking spaces. Tons of upgrades and improvements have been made within the last few years, including newer AC units, roof, paving, painting, and landscaping. Internal upgrades to kitchens, bathrooms, and flooring completed as units became available. Professionally managed, no differed maintenance. Mostly long-term tenants, and rents are below market for some units. Corner of I-15 and HWY 78.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2018 San Diego MLS, Inc. Licensed in the state of California.
    www.triolorealty.com/homes/86323086

    1031 W Lincoln Ave Escondido, CA 92026

    • Price: $1,790,000
    • Status: ACTIVE
    • Updated: 59 min ago
    • ID#: 180043623
    15
    Beds
    11
    Baths
    0
    ½ Baths
    0.5
    Acres
    Neighborhood:
    Escondido (92026)
    County:
    San Diego
    Area:
    Escondido (92026)
    Property Description
    This 7 unit complex was built in 1988 on half acre land, and features two buildings. First one is a single story with two (2Bed/1Bath) units with fenced private backyards. The second one has five units with two (3Bed/2Bath), two (2BED/2Bath), and One (1Bed/1Bath). Fifteen on-site parking spaces. Tons of upgrades and improvements have been made within the last few years, including newer AC units, roof, paving, painting, and landscaping. Internal upgrades to kitchens, bathrooms, and flooring completed as units became available. Professionally managed, no differed maintenance. Mostly long-term tenants, and rents are below market for some units. Corner of I-15 and HWY 78.
    Exterior Features

    Carports 7 Parking Spaces Total 15

    Interior Features

    Sq Ft Of Improvement 6104

    Property Features

    Actual Gross Scheduled Income 123756 Actual Operating Expense 47617 Assumable Finance 0 Buildings 1 Gross Equity 1000000 Gross Multiplier 14 Have Exchange/ Cash Flow Mandatory Remarks None Known Market Area North County Monthly Rent Total 10090 Motive Want Up-Size / Exchange Short Sale No Unit Number1 1 Unit Number2 1 Unit Number3 1 Unit Number4 1 Unit Number5 1 Unit Number6 1 Unit Number7 1 Unit Rent Total1 1350 Unit Rent Total2 1400 Unit Rent Total3 1340 Unit Rent Total4 1000 Unit Rent Total5 1400 Unit Rent Total6 1800 Unit Rent Total7 1800 Unit Rent1 1350 Unit Rent2 1400 Unit Rent3 1340 Unit Rent4 1000 Unit Rent5 1400 Unit Rent6 1800 Unit Rent7 1800 Zoning R-2:Minor

    Listing provided courtesy of Coldwell Banker Res. Brokerage. Listing information © 2018 San Diego MLS, Inc.
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2018 San Diego MLS, Inc. Licensed in the state of California.
     
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    San Diego CA, 92130