Escondido, CA 92025,1001 -1019 S Orange St
Escondido, CA 92025,1001 -1019 S Orange St
2
$1,050,000
$1,050,000
Est.Price: ?

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5 BD
3 BA
600 SqFt

1001 -1019 S Orange St Escondido, CA 92025

Est. payment /mo
SOLD DATE : 06/17/2024

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Key Details

Sold Price $1,050,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

Square Footage 600 sqft

Price per Sqft $1,750

Subdivision South Escondido

MLS Listing ID 240010376

Bedrooms 5

Full Baths 3

Year Built 1948

Property Description

The property is a 3 unit triplex in a quiet South Escondido neighborhood. There are two1 bedroom 1 bath units and a 3 bedroom 1 bath unit. Each unit has a 1 car garage. The property has a cash on cash cap rate of 4.4% and a projected cap rate of 5.8%. It is approximately 5 minutes from I-15 and a few additional minutes to freeway 78. It is close to downtown Escondido, North County Mall, and the San Marcos Costco, Walmart, and Home Depot. The units are occupied by long term tenants who pay all utilities except water. The property can only be viewed with an accepted offer which must also include a pre approval loan letter and proof of funds. The Seller will not make any repairs or alterations. Seller to select all services.

Location

State CA

County San Diego

Community South Escondido

Area Escondido (92025)

Building/Complex Name NK

Interior

Heating Natural Gas

Exterior

Exterior Feature Stucco

Fence Partial

Roof Type Tile/Clay

Building

Story 1

Sewer Sewer Connected

Others

Acceptable Financing Cash, Conventional

Space Rent $1,320

Listing Terms Cash, Conventional

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San Diego Regional MLS (SDMLS)
Listed by George G Gigliotti • Century 21 Masters
Bought with Farid Khayamian • Bluxen, Inc.

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Dave Dennis

Agent | License ID: 01343870

+1(619) 987-9484

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