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Key Details
Sold Price $855,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision South Escondido
MLS Listing ID 200016796
Sold Date 05/13/20
HOA Y/N No
Year Built 1964
Property Description
Investor ELITE! An ideal investment opportunity with an incredible and rare +6% cap rate for an investor that can maximize the rental potential. This well maintained property includes 4 two bedrooms / two bathrooms units. Newer central water heater, newer roof, newer windows throughout.4 assigned carports have recently replaced roof. Tenants are all on month-to-month tenancy. Minutes to schools, shops, convenient stores. Easy access to public transportation. Seller entertain offers between $799k - $899k. Other Fees: 0 Sewer: Sewer Available Unit # for Unit 2: 2 Unit # for Unit 3: 3 Unit # for Unit 4: 4 Number of Furnished Units: 0
Location
State CA
County San Diego
Area 92027 - Escondido
Building/Complex Name Vista Del Cerritos
Interior
Heating Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Gas Water Heater
Exterior
Roof Type Composition
Building
Lot Description Sprinklers Manual
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 2313111100
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Katie Pond • Compass