101 E 15th AVE Active Save Request In-Person Tour Request Virtual Tour
Escondido,CA 92025
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,608 sqft
Price per Sqft $381
MLS Listing ID ND25109847
HOA Y/N No
Tax Year 2024
Lot Size 0.970 Acres
Acres 0.97
Property Sub-Type Multi Family
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
Area 92025 - Escondido
Zoning R-2: MINOR
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Laundry Electric Dryer Hookup,Gas & Electric Dryer Hookup
Exterior
Fence Good Condition,Vinyl,Wood
Utilities Available Electricity Connected,Sewer Connected,Water Connected
Building
Lot Description Back Yard,Level with Street,Lot Over 40000 Sqft,Rectangular Lot,Near Public Transit,Paved,Sprinkler System,Value In Land
Story 1
Water Public
Others
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
Lease Land No
Confidential INFO
SIGN ON PROPERTY 1
TERMS Conventional
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE Agent
SHOW CONTACT NAME Nancy Howard
SHOW CONTACT PH 7602150615
SHOW INSTRUCTIONS TEXT AGT.760-215-0615 W/ YOUR COMPANY & LICENSE #.I WILL RESPOND ASAP. Please wait for confirmation. Please give 24 hour notice as we have to give tenants 24 hour notice.