904-912 Chestnut Street, Escondido, CA 92025

REQUEST A TOUR

Mon

Dec

Tue

Dec

Wed

Dec

Kobe Zimmerman

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

$1,013,250

Est. payment - /mo

4 Beds

4 Baths

750 SqFt

Save Virtual Tour Video Tour

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 750 sqft

Price per Sqft $1,351

Subdivision East Escondido

MLS Listing ID 240028103

Bedrooms 4

Full Baths 4

HOA Y/N No

Year Built 1948

Property Description

***PLEASE DO NOT DISTURB THE TENANTS*** Prime 4-Unit Tenant-Occupied Investment Opportunity in Old Escondido. This fully tenant-occupied, turn-key property is a rare gem in the heart of Old Escondido, offering immediate and consistent income from day one. All four units are leased by long-term tenants, generating over $6,000 in monthly rents, with a strong cap rate that makes this an exceptional opportunity for investors seeking stable cash flow and high returns. The property features one 2-bedroom, 1-bath unit, two 1-bedroom, 1-bath units, and a non-conforming studio all with significant rental upside. Additional amenities include three single-car garages, off-street parking, and private and communal outdoor spaces, all enhancing tenant retention and property value. Located on a quiet residential street this property is perfect for investors looking for a hands-off, income-generating asset in one of Escondido's great neighborhoods. Seize this rare opportunity to own a fully tenant-occupied property with immediate income and long-term value!

Location

State CA

County San Diego

Community East Escondido

Area Escondido (92025)

Building/Complex Name Escondido

Exterior

Exterior Feature Stucco

Parking Features Unit1:Detached Unit3:Detached Unit4:Detached

Fence Full

Roof Type Composition

Building

Story 1

Lot Size Range 4000-7499 SF

Level or Stories 1 Story

Others

Acceptable Financing Cash, Conventional

Space Rent $2,015

Listing Terms Cash, Conventional

Read Less Info

Listed by Bob Davie • SD Residential Property Mgmt

MORTGAGE CALCULATOR

Payment

Schedule

Your mortgage payments over 30 years will add up to $0.

Get Pre-Approved

in Minutes!

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.