753 Park Place, Escondido, CA 92025

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Kobe Zimmerman

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

$1,139,250

Est. payment - /mo

5 Beds

3 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 $1,424

Subdivision East Escondido

MLS Listing ID 240028104

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 1965

Property Description

**PLEASE DO NOT DISTURB THE TENANTS** Turn-Key 3-Unit Investment Opportunity in East Escondido This fully tenant-occupied property is a prime investment opportunity, delivering immediate cash flow and strong returns. With long-term tenants in place, the property generates over $6,000 in monthly rents, offering investors reliable income from day one. The front unit is a 2-bedroom single-family home, while the rear building, constructed around 1979, features a 1-bedroom, 1-bath unit on the ground floor and a 2-bedroom, 1-bath unit upstairs. Designed with functionality and tenant appeal in mind, the property includes off-street parking, an on-site coin-operated laundry, and private outdoor spaces. The front and ground-floor rear units feature separate yards, while the upstairs unit benefits from a 10x20 covered deck above the carport. Located on a quiet residential street with a Walk Score of 80, the property is close to stores, restaurants, and public transportation, attracting tenants who value convenience and walkability. This low-maintenance, turn-key asset is ideal for investors looking to add a high-performing property to their portfolio. Its strong rental income, tenant stability, and desirable location make it a rare find in East Escondido. Don't miss this opportunity to secure a tenant-occupied property with immediate income and long-term growth potential!
Turn-Key 3-Unit Investment Opportunity in East Escondido This fully tenant-occupied property is a prime investment opportunity, delivering immediate cash flow and strong returns. With long-term tenants in place, the property generates over $6,000 in monthly rents, offering investors reliable income from day one. The front unit is a 2-bedroom single-family home, while the rear building, constructed around 1979, features a 1-bedroom, 1-bath unit on the ground floor and a 2-bedroom, 1-bath unit upstairs. Designed with functionality and tenant appeal in mind, the property includes off-street parking, an on-site coin-operated laundry, and private outdoor spaces. The front and ground-floor rear units feature separate yards, while the upstairs unit benefits from a 10x20 covered deck above the carport. Located on a quiet residential street with a Walk Score of 80, the property is close to stores, restaurants, and public transportation, attracting tenants who value convenience and walkability. This low-maintenance, turn-key asset is ideal for investors looking to add a high-performing property to their portfolio. Its strong rental income, tenant stability, and desirable location make it a rare find in East Escondido. Don't miss this opportunity to secure a tenant-occupied property with immediate income and long-term growth potential!

Location

State CA

County San Diego

Community East Escondido

Area Escondido (92025)

Building/Complex Name Escondido

Interior

Cooling Wall/Window

Exterior

Exterior Feature Stucco, Wood

Fence Cross Fencing

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 $2,190

Listing Terms Cash, Conventional

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Listed by Bob Davie • SD Residential Property Mgmt

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