1019 S Orange St, Escondido, CA 92025
- $1,050,000
- 5
- BD
- 3
- BA
- Sold Price
- $1,050,000
- List Price
- $1,050,000
- Closing Date
- Jun 17, 2024
- Days on Market
- 38
- Status
- CLOSED
- MLS#
- 240010376
- Bedrooms
- 5
- Bathrooms
- 3
- City
- Escondido
- Neighborhood
- South Escondido
- Complex/Building Name
- Nk
- Property Type
- Multifamily
- 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.
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Additional Information
- Building Name
- Nk
- Cooling
- None
- Neighborhood
- South Escondido
- Roof
- Tile/Clay
- Year Built
- 1948
Mortgage Calculator
Listing courtesy of Listing Agent: George G Gigliotti (858-487-4329) from Listing Office: Century 21 Masters.
Selling Office: Bluxen, Inc..
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