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419-449 E 11th Avenue

Escondido, CA 92025
  • $1,500,000
  • STATUS: ACTIVE
  • ON SITE: 9 Days
  • ID#: 220028529
UPDATED: 45 min ago
$1,500,000
  • 8
    BEDS
  • 0.32
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,360
    SQFT
  • $446
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1958
County:

School Ratings & Info

Description

We are proud to present the 419-449 East 11th Avenue Apartments for sale in Escondido. This 4-unit opportunity is comprised of four 2 bedroom/1 bath units. The property can be purchased together with the adjacent 4 units at 1101-1107 Chestnut Street. The apartments were built in 1958 and the interiors have been remodeled and all the plumbing, including waterlines and drains, was replaced last year. New kitchens, bathrooms, flooring, roofs, skylights, wall heaters, windows, and doors were also recently installed. A new laundry was also installed. There are carports and on-site parking spaces for residents. The property is currently master-leased to one sober living operator, but the lease is month-to-month and can be terminated at the close of escrow, or renewed at the Buyer's election.

Monthly Payment Calculator

San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
www.tolivebythesea.com/homes/134931920
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419-449 E 11th Avenue Escondido, CA 92025

  • Price: $1,500,000
  • Status: ACTIVE
  • On Site: 9 Days
  • Updated: 45 min ago
  • ID#: 220028529
8
Beds
4
Baths
0
½ Baths
0.32
Acres
3,360
SQFT
$446
$/SQFT
1958
Built
Neighborhood:
Olde Escondido
County:
San Diego
Area:
Escondido (92025)
Property Description
We are proud to present the 419-449 East 11th Avenue Apartments for sale in Escondido. This 4-unit opportunity is comprised of four 2 bedroom/1 bath units. The property can be purchased together with the adjacent 4 units at 1101-1107 Chestnut Street. The apartments were built in 1958 and the interiors have been remodeled and all the plumbing, including waterlines and drains, was replaced last year. New kitchens, bathrooms, flooring, roofs, skylights, wall heaters, windows, and doors were also recently installed. A new laundry was also installed. There are carports and on-site parking spaces for residents. The property is currently master-leased to one sober living operator, but the lease is month-to-month and can be terminated at the close of escrow, or renewed at the Buyer's election.
Exterior Features

Exterior StuccoWoodWood/Stucco Fencing Partial Frontage N/K Irrigation Automatic Parking For RV None Known Parking Garage Desc Unit1 N/K Parking Garage Desc Unit2 N/K Parking Garage Desc Unit3 N/K Parking Garage Desc Unit4 N/K Parking Non Garage Desc Unit1 Carport Parking Non Garage Desc Unit2 Carport Parking Non Garage Desc Unit3 None Known Parking Non Garage Desc Unit4 None Known Pool N/K Pool Heat None Known Roof Composition Site Corner Lot Spa N/K Spa Heat None Known Topography Level Unit1 Exclusive Use Yard No Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Unit4 Exclusive Use Yard No Units With Garages 0 Units With Patios 0 View N/K

Interior Features

Cooling Wall/Window Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Equipment Wall/Gravity Heat Source Natural Gas Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Unit1 Laundry Hook Ups No Unit2 Laundry Hook Ups No Unit3 Laundry Hook Ups No Unit4 Laundry Hook Ups No Units With Cooling 0 Units With Dishwashers 4 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 0 Water Heater Type Gas

Property Features

Actual Cap Rate 4.77 Additional Property Use N/K Age Restrictions N/K Annual Expense Actual 22854 Association ID San Diego Association Of Realtors (Sdar) Buildings 1 Cfd Mello Roos Fee 0.0 Community South Escondido Complex Features BbqLaundry Facilities Complex Park 4 Units Cross Streets Chestnut Gross Rent Multiplier Actual 16.37 Gross Scheduled Income Actual 91632 Home Owners Assoc Fee Includes N/K Mandatory Remarks None Known Market Area North County Miscellaneous N/K Monthly Total Fees 0 Other Fee Type N/K Other Fees 0.0 Other Income Actual 0 Possession Close Of Escrow Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Telecommunications Cable (Coaxial)Wired High Speed Internet Tenant Pays Cable TvElectricityGas/PropaneHot Water Terms CashConventional Unit Number For Unit1 A Unit Number For Unit2 B Unit Number For Unit3 C Unit Number4 D Unit1 Deposit 0 Unit1 Occupied Tenant Unit1 Projected Rent 2000.0 Unit1 Rent Actual 1909.0 Unit2 Deposit 0 Unit2 Occupied Tenant Unit2 Projected Rent 2000.0 Unit2 Rent Actual 1909.0 Unit3 Deposit 0 Unit3 Occupied Tenant Unit3 Projected Rent 2000 Unit3 Rent Actual 1909.0 Unit4 Deposit 0 Unit4 Occupied Tenant Unit4 Projected Rent 2000 Unit4 Rent Actual 1909.0 Water Meter On Property Zoning R-1

San Diego MLS logo Listing provided courtesy of Acre Investment Real Estate: [IDXCONTACTINFORMATION]. Listing information © 2022 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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