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$1,250,000
Est. payment /mo
8 Beds
5 Baths
1,200 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $1,041
Subdivision East Escondido
MLS Listing ID 250023510
Bedrooms 8
Full Baths 5
HOA Y/N No
Year Built 1957
Lot Size 6,262 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
This property features a favorable unit mix, including two 3BD/2BA units and one 2BD/1BA unit. The asset offers immediate cash flow with additional upside potential through garage conversions and strategic renovations. Roof was replaced in 2020 and sellers have made recent upgrades to plumbing throughout. All units have scheduled increases of 8% in the coming months. 209 (to $2,800 as of 5/1) 860 Ohio (to $2,350 as of 6/1) 215 (to $2,900 as of 7/1). Positioned in central Escondido, a rapidly developing neighborhood, 209-15 N Date St benefits from strong tenant demand, proximity to key employment hubs like Palomar Health and Stone Brewing, and a walkable environment with nearby public spaces and amenities such as Grape Day Park and the California Center for the Arts.
Location
State CA
County San Diego
Community East Escondido
Area Escondido (92025)
Building/Complex Name Central Escondido
Interior
Cooling Other/Remarks
Fireplaces Number 3
Exterior
Exterior Feature Other/Remarks
Garage Spaces 3.0
Fence Other/Remarks
Roof Type Other/Remarks
Building
Story 1
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Acceptable Financing Other/Remarks
Space Rent $2,600
Listing Terms Other/Remarks
Special Listing Condition Other/Remarks
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Listed by Miles S Slater • JLM Real Estate Inc
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