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Key Details
Sold Price $945,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 1,100 sqft
Price per Sqft $859
Subdivision Southwest Escondido
MLS Listing ID 230018934
Sold Date 11/07/23
Bedrooms 2
Full Baths 2
Half Baths 1
HOA Y/N No
Year Built 1944
Property Description
Stellar investment opportunity in the secluded Escondido community of Del Dios! Property features two fully-remodeled units, an upper space modified by the owner from two bedrooms to one (can easily be changed back) and a fully-contained one-bedroom lower unit with private access and its own driveway that was generating $2500/month when recently rented. Additional bunkhouse/storage unit in back is a great candidate for studio conversion. Property also features multiple outdoor entertaining spaces including spa, fireplace, extra half bath and custom outdoor shower. Many nearby units are occupied by long-term tenants, but others have operated successful short-term rentals in the neighborhood as well. Great location with seclusion and country charm, yet major services and freeway access in Escondido are just a few minutes away.
Location
State CA
County San Diego
Community Southwest Escondido
Area Escondido (92029)
Interior
Cooling Central Forced Air, Heat Pump(s), Other/Remarks
Fireplaces Number 1
Appliance Combination Heating, Fireplace, Forced Air Unit
Exterior
Exterior Feature Wood
Fence Partial
Roof Type Composition
Building
Story 2
Lot Size Range 7500-10889 SF
Sewer Septic Installed
Level or Stories 2 Story
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Loni M Giles • Century 21 Masters