Escondido, CA 92025,1001 1019 S Orange St
Escondido, CA 92025,1001 1019 S Orange St
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$1,050,000

$1,050,000

Est.Price: ?

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Est. payment /mo

SOLD DATE : 06/17/2024

Key Details

Sold Price $1,050,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision South Escondido

MLS Listing ID 240010376SD

Sold Date 06/17/24

HOA Y/N No

Year Built 1948

Property Description

The property is a 3 unit triplex in a quiet South Escondido neighborhood. There are two1 bedroom 1 bath units and a 3 bedroom 1 bath unit. Each unit has a 1 car garage. The property has a cash on cash cap rate of 4.4% and a projected cap rate of 5.8%. It is approximately 5 minutes from I-15 and a few additional minutes to freeway 78. It is close to downtown Escondido, North County Mall, and the San Marcos Costco, Walmart, and Home Depot. The units are occupied by long term tenants who pay all utilities except water. The property can only be viewed with an accepted offer which must also include a pre approval loan letter and proof of funds. The Seller will not make any repairs or alterations. Seller to select all services.

Location

State CA

County San Diego

Area 92025 - Escondido

Building/Complex Name NK

Interior

Heating Natural Gas

Cooling None

Fireplace No

Exterior

Fence Partial

View Y/N No

Building

Story 1

Entry Level One

Level or Stories One

Others

HOA Name None

Senior Community No

Tax ID 2360620600

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

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California Regional MLS (CRMLS)
Listed by George Gigliotti • Century 21 Masters
Bought with Farid Khayamian • Bluxen, Inc.
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1644 N El Camino Real, Clemente, CA, 92672, USA

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