Investment Property for sale with current gross monthly income of $9,810. The property consists of 4 studio apartments and a commercial tenant. The zoning gives the property substantial future upside as a new development of 35 multi-family units has been conditionally approved by the City of Escondido. Possibility for ADUs… Read More given lot size. Read Less
Listing Snapshot
Days Online
115
Last Updated
Property Type
Other
Lot Size
0.21 Acres
Year Built
1954
MLS Number
NDP2504657
30 Days Snapshot Of 92025
$1.03M
+2%
(avg) sold price
9
-55%
homes sold
78
+50%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1954, Building area total: 1,800, 2 buildings, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Community
StreetLights, Sidewalks
Expenses
Electric expense: $500, Insurance expense: $6,000, New taxes expense: $25,635, Operating expense: $41,202, Trash expense: $90, Water sewer expense: $275
Income
Gross income: $9,705, Net operating income: $76,518
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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