Escondido, CA 92025,101 E 15th Avenue
Escondido, CA 92025,101 E 15th Avenue
Escondido, CA 92025,101 E 15th Avenue
Escondido, CA 92025,101 E 15th Avenue
Escondido, CA 92025,101 E 15th Avenue
Escondido, CA 92025,101 E 15th Avenue
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$ 2,900,000
Est. payment | /mo

7,608 SqFt


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$ 2,900,000
Est. payment | /mo
Save

7,608 SqFt

Key Details

Property Type Commercial

Sub Type Comm Ind For Sale

Listing Status Active

Purchase Type For Sale

Square Footage 7,608 sqft

Price per Sqft $381

MLS Listing ID CRND25109847

HOA Y/N No

Lot Size 0.970 Acres

Acres 0.97

Property Sub-Type Comm Ind For Sale

Property Description

MULTI- FAMILY COMPLEX FOR SALE. This complex is on a 42,200 SQ. FT. LOT. 10 LIVING UNITS TOTAL. It has 2 Single Family Homes - 4 duplexes and 2 additional free standing apartments. 1 OUTBUILDING is on a LONG TERM LEASE as Contracted Storage and rented by the Quarter. Another STORAGE is a LARGE TUFF SHED currently used for Tools and Building Supplies. The CAP Rate for 2024 was .032. Stable tenants; no turnover in last 4 years. All Tenants are on Month to Month Contracts. Rents below market - POTENTIAL INVESTOR UPSIDE. Two Front Houses are SFR's. One home is 4 BR 2 BA 1200 SQ. FT. Other SFR is 3 BR 1 BA at 782 SQ. FT.; 5 UNITS are 900 Square Feet; 2 UNITS are 720 SQ. FT.;1 Apartment is a 2 Story, 3 BR 2 BA at 1200 SQ. FT. TWO FRONT HOMES have smaller backyards but extra storage built on site. ALL APARTMENTS have LARGE FENCED BACKYARDS;. EVERY Home has a Minimum of 2 PARKING SPACES. Most Homes have installed LUXUARY VINYL PLANKING FLOORING FOR waterproof and long lasting quality. Many have had upgrades inside the units. (See Photos).

Location

State CA

County San Diego

Zoning R-2:

Interior

Heating Wall Furnace

Cooling Window Unit(s)

Fireplace No

Exterior

Utilities Available Electricity Connected

Total Parking Spaces 25

Building

New Construction No

Others

Tax ID 2364500400

Bridge MLS
Listed by Nancy Howard • Howard West Coast Realty
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(925) 565-8336

nicole@nicolealexishomes.com

39899 Balentine Dr. Suite 200, Newark Ca. 94560

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101 E 15th Avenue