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$1,850,000
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Property Description
Fantastic 6 unit property in Old Escondido. Professionally maintained by owners with kid gloves since 1979. See maintenance history attached. All units occupied with long term leases. Significant rent growth opportunity - can increase rents the maximum allowed for 3 + years straight. All aspects of property professionally maintained including HVAC units, newer vinyl windows throughout, newer roof under warranty, copper plumbing replaced w/PEX, seamless gutters installed, flooring replaced where appropriate. Four 2 bed-1 bath units in Apartment building includes 2 car garage for each unit! House is a 2/1 nicely upgraded with attached garage plus a studio. Quote to remove the pool for $14,000. Proforma CAP Rate w/o Pool = 6.5%!
Full Property Details
Full Property Details for 841 45 4th Ave
General
- Sold For: $1,850,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: NDP2401724
- Added to Site: 700 day(s) ago
Rooms
Other Rooms
- Laundry: Community
Additional Information
- Pool Description: Community
Parking
- Garage Spaces: 9
Location
- Area: 92025 - Escondido
- County: San Diego
- Development Name: 92025 - Escondido
- Driving Directions: E 4th Ave and Date
Utilities
- Sewer: Public Sewer
- # Water Meters: 1
- # Gas Meters: 6
- # Electric Meters: 6
Structural Information
- Entry Location: 1
- Stories/Levels: Multi/Split
- Stories Description: Multi/Split
- Square Feet: 4,400
- Year Built: 1977
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 5
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 6
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.3486
- Lot Size Source: Public Records
- Zoning: Multi
- Lot Description: Sprinkler System
Financial Considerations
- Price Per Sq. Ft.: $420.45
- Price Per Unit: 308333
Listed by Francis Taylor Properties, Ed Swauger
Sold by Hill Realty Group, Carrie Behic
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Schools
Schools serving 841 45 4th Ave
| Name | Grades | Distance |
|---|---|---|
Central Elementary School, Escondido, CA 122 West 4th Avenue, Escondido, CA 92025 | PK-5 | 0.6 mi |
Del Dios Middle School 1400 W. Ninth Ave., Escondido, CA 92025 | 6-8 | 1.9 mi |
Orange Glen High School 2200 Glenridge Road, Escondido, CA 92027 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 841 45 4th Ave
Date
Details
Price
Change
Source
7/11/2024
Sold
$1,850,000
—
MLS
4/22/2024
Price Reduced
$1,850,000
-11.9%
MLS
3/28/2024
Price Reduced
$2,100,000
-19.23%
MLS
3/01/2024
Listed
$2,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
841 45 4th Ave, Escondido, CA 92025 (MLS# NDP2401724) is a Multi-Family property that was sold at $1,850,000 on July 11, 2024. Want to learn more about 841 45 4th Ave? Do you have questions about finding other Multi-Family real estate for sale in North Escondido? You can browse all North Escondido real estate or contact a Coldwell Banker agent to request more information.

