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$ 1,139,250
Est. payment /mo
Pending
753 Park Place Escondido, CA 92025
5 Beds
3 Baths
800 SqFt
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!
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
Listed by Bob Davie • SD Residential Property Mgmt