304-20 S Grape, Escondido, CA 92025

$1,275,000
4
BD
4
BA

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Sold Price
$1,275,000
List Price
$1,400,000
Closing Date
Jun 03, 2024
Days on Market
41
Status
CLOSED
MLS#
NDP2403419
Bedrooms
4
Bathrooms
4
Lot Size(apprx.)
8,723
City
Escondido
Neighborhood
Escondido
Property Type
Multifamily

Property Description

Value-add "4 Plex" in the heart of Escondido. Consisting of (2) two Duplexes, (5) five garages and (1) one Extra-large storage area on a large lot makes this a prime candidate for adding a nice ADU for extra cashflow. The investment opportunity consists of all 1 bedroom/1 bath units with a laundry room. Currently, each unit gets 1 garage included in their rent. The 5th garage is rent ready. The 600-foot storage room is the perfect space for a legal ADU. Buyer to verify with the city. There is a laundry room for the tenants to use, free of charge. Value-add "4 Plex" in the heart of Escondido. Consisting of (2) two Duplexes, (5) five garages and (1) one Extra-large storage area on a large lot makes this a prime candidate for adding a nice ADU for extra cashflow. The investment opportunity consists of all 1 bedroom/1 bath units with a laundry room. Currently, each unit gets 1 garage included in their rent. The 5th garage is rent ready. The 600-foot storage room is the perfect space for a legal ADU. Buyer to verify with the city. There is a laundry room for the tenants to use, free of charge.

Additional Information

Lot Size
8,723
Neighborhood
Escondido

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Dave Plutner (858-964-8087) from Listing Office: DP Properties.

Selling Office: Apartment Realty Group (ARG).

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