139-43 W 5th Avenue

    Escondido, CA 92025
    • $789,000
    • STATUS: ACTIVE
    • ON SITE: 12 days
    • ID#: 180049805
    UPDATED: 54 min ago
    $789,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1925
    County:

    School Ratings & Info

    Description

    This is a fantastic opportunity to purchase a low maintenance 4 unit property with many upgrades located in the Old Escondido neighborhood of Escondido with a strong in-place cap rate of 5.86% The front unit is a 3bdrm/1bthrm house with a new kitchen w/ granite, etc, there are two (2) 2bdrm/1bthrm units (one of which was completely remodeled in the rear) and one (1) 1bdrm/1bthrm unit with a newer kitchen and a small private fenced yard. There are two (2) single-car garages and an onsite laundry room.

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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.
    www.triolorealty.com/homes/87224167

    139-43 W 5th Avenue Escondido, CA 92025

    • Price: $789,000
    • Status: ACTIVE
    • Updated: 54 min ago
    • ID#: 180049805
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    1925
    Built
    Neighborhood:
    Old Escondido
    County:
    San Diego
    Area:
    Escondido (92025)
    Property Description
    This is a fantastic opportunity to purchase a low maintenance 4 unit property with many upgrades located in the Old Escondido neighborhood of Escondido with a strong in-place cap rate of 5.86% The front unit is a 3bdrm/1bthrm house with a new kitchen w/ granite, etc, there are two (2) 2bdrm/1bthrm units (one of which was completely remodeled in the rear) and one (1) 1bdrm/1bthrm unit with a newer kitchen and a small private fenced yard. There are two (2) single-car garages and an onsite laundry room.
    Exterior Features

    Exterior Wood/Stucco Fencing N/K Parking Non Garage Desc Unit4 None Known Roof Composition Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard Yes Unit4 Exclusive Use Yard No Units With Garages 2 Units With Patios 3

    Interior Features

    Bedrooms Unit1 3 Bedrooms Unit2 1 Bedrooms Unit3 2 Bedrooms Unit4 2 Cooling Wall/Window Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 1 Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups No Unit3 Laundry Hook Ups No Unit4 Laundry Hook Ups Common Units With Cooling 4 Units With Dishwashers 0 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 0

    Property Features

    Actual Cap Rate 5.86 Additional Property Use N/K Age Restrictions N/K Annual Expense Actual 20232 Annual Expense Projected 20232 Association ID San Diego Association Of Realtors (Sdar) Buildings 3 Cfd Mello Roos Fee 0 Community Southwest Escondido Complex Park None Cross Streets S Broadway Gross Rent Multiplier Actual 11.51 Gross Rent Multiplier Project 10.6 Gross Scheduled Income Actual 68520 Gross Scheduled Income Project 74400 Home Owners Fees 0 Mandatory Remarks None Known Market Area North County Monthly Total Fees 0 Net Operating Income Projected 51936 Other Fees 0 Other Income Actual 0 Projected Cap Rate 6.58 Projected Other Income 0 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays Other/Remarks Terms CashConventionalFhaVa Unit1 Deposit 1750 Unit1 Occupied Tenant Unit1 Projected Rent 1950 Unit1 Rent Actual 1750 Unit2 Deposit 1035 Unit2 Occupied Tenant Unit2 Projected Rent 1150 Unit2 Rent Actual 1035 Unit3 Deposit 1275 Unit3 Occupied Tenant Unit3 Projected Rent 1350 Unit3 Rent Actual 1275 Unit4 Deposit 1550 Unit4 Occupied Tenant Unit4 Projected Rent 1650 Unit4 Rent Actual 1550 Water District City Of Escondido Zoning R-1-6

    Listing provided courtesy of Apartment Realty Group (Arg). 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.
     
    Keller Williams - Triolo Realty Group
    12780 High Bluff Drive, Suite 130
    San Diego CA, 92130