251-257 N Cedar Street, Escondido, CA 92025

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Kobe Zimmerman

kobezimmerman@bhhscal.com +1(858) 753-3353

$1,396,500

Est. payment - /mo

8 Beds

4 Baths

800 SqFt

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UPDATED:

12/16/2024 07:43 PM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

Square Footage 800 sqft

Price per Sqft $1,745

Subdivision East Escondido

MLS Listing ID 240028102

Bedrooms 8

Full Baths 4

HOA Y/N No

Year Built 1963

Property Description

Turn-Key 4-Unit Investment Property in East Escondido – Immediate Cash Flow! Discover an incredible investment opportunity with this fully tenant-occupied 4-unit property in desirable East Escondido. Generating nearly $8,000 in monthly rental income, this property offers long-term tenants and a prime location, making it a rare find for savvy investors. This well-maintained building consists of three 2-bedroom, 1-bathroom units located downstairs, and one 2-bedroom, 1-bathroom unit upstairs. The upstairs unit features a private patio, while all tenants enjoy the common fenced yard. The property's low-maintenance nature ensures a hassle-free investment, offering steady returns for years to come. Situated on a quiet residential street with a Walk Score of 71, the property is ideally located near stores, restaurants, and public transportation, making it a highly desirable place for tenants to call home. This turn-key asset is perfect for investors looking to add a high-performing property to their portfolio. With tenant stability, strong rental income, and a prime location, this investment offers both immediate cash flow and long-term growth potential.
Turn-Key 4-Unit Investment Property in East Escondido – Immediate Cash Flow! Discover an incredible investment opportunity with this fully tenant-occupied 4-unit property in desirable East Escondido. Generating nearly $8,000 in monthly rental income, this property offers long-term tenants and a prime location, making it a rare find for savvy investors. This well-maintained building consists of three 2-bedroom, 1-bathroom units located downstairs, and one 2-bedroom, 1-bathroom unit upstairs. The upstairs unit features a private patio, while all tenants enjoy the common fenced yard. The property's low-maintenance nature ensures a hassle-free investment, offering steady returns for years to come. Situated on a quiet residential street with a Walk Score of 71, the property is ideally located near stores, restaurants, and public transportation, making it a highly desirable place for tenants to call home. This turn-key asset is perfect for investors looking to add a high-performing property to their portfolio. With tenant stability, strong rental income, and a prime location, this investment offers both immediate cash flow and long-term growth potential.

Location

State CA

County San Diego

Community East Escondido

Area Escondido (92025)

Building/Complex Name Escondido

Interior

Cooling Other/Remarks

Exterior

Exterior Feature Stucco

Parking Features Unit1:Detached Unit2:Detached Unit3:Detached Unit4:Detached

Garage Spaces 4.0

Fence Full

Community Features Laundry Facilities

Complex Features Laundry Facilities

Roof Type Composition

Building

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Acceptable Financing Cash, Conventional

Space Rent $1,945

Listing Terms Cash, Conventional

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Listed by Bob Davie • SD Residential Property Mgmt

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