841 45 4th Ave Escondido, CA $ 1,850,000
841 45 4th Ave
$ 1,850,000
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841 45 4th Ave

Escondido, CA, 92025
$ 1,850,000
Bedrooms11 Baths6.0 Sq 4,400

Monthly Estimate*

$ 12,296

Listed by Francis Taylor Properties
841 45 4th Ave, Escondido, CA 92025 - Image 1
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841 45 4th Ave, Escondido, CA 92025 - Image 15
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Multi-Family Home for sale in Escondido, CA

for $1,850,000 with 11 bedrooms and 6 full baths. This 4,400 square foot home was built in 1977 on a lot size of 0.3486.

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%!

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Multi-Family Pending

Price

$ 1,850,000

Bedrooms

11

Full Bath

6

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.3486

Year Built

1977

Town/City

Escondido

County/Region

San Diego

MLS | Web ID

NDP2401724

Days on Market

96

Features
General
Sewer PublicSewer
Zoning Multi
HOA 0.0
Garage Spaces 9.0
Pool Features Community
Year Built 1977
Levels MultiSplit
Gross Income 122860.0
Community Features Urban Pool
County San Diego
Net Operating Income 0.0
Operating Expense 0.0
Insurance Expense 0.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard
Status Pending
Directions E 4th Ave and Date
City Escondido
Entry Location 1
View Y/N N
Senior Community Y/N N
NumberOfUnitsTotal 6
MLS Area 92025 - Escondido
Lot Size Units SquareFeet
Lot Size Square Feet 15185.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 6
Street Name 4th Ave
Listing Terms Cash Conventional Item1031Exchange
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Trash Expense 0.0
Water Sewer Expense 0.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2401724
Days on Market 60
Standard Status Pending
Tax Lot 230321040
Taxes 0.0
Cap Rate 3.38
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Exterior
Lot Features SprinklerSystem
Total Parking 9.0
Lot Size Area 15185.0
Number of Buildings 2
Spa N
Building Area Total 4400.0
Lot Size Acres 0.3486
Lot Size Source PublicRecords
Number of Separate Water Meters 1
Number of Separate Gas Meters 6
Number of Separate Electric Meters 6
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Laundry Features CommonArea
Entry Level 1
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 841
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* Excluded Features
List By
Francis Taylor Properties

Broker

(760) 497-3664

Phone

Affordability Calculator

$12,296
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,296
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/23/2024$1,850,000 -11.90% Price Down
3/28/2024$2,100,000 -19.23% Price Down
3/2/2024$2,600,000 Listed Price

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841 45 4th Ave, Escondido, CA, 92025 is a Multi-Family Home for sale at $1,850,000 with 4,400 sqft and a lot size of 0.3486. 841 45 4th Ave has 11 bedrooms, 6.0 baths, and was built in 1977. The property's zip code is 92025 which is in Escondido, CA