$1,399,000
355 Lansing Circle Escondido, CA 92025
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$1,399,000
Est. payment /mo
8 Beds
4 Baths
875 SqFt
UPDATED:
11/05/2024 09:25 PM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 875 sqft
Price per Sqft $1,598
Subdivision South Escondido
MLS Listing ID 240026078
Bedrooms 8
Full Baths 4
HOA Y/N No
Year Built 1964
Lot Size 8,313 Sqft
Property Description
Large 2 bedroom/1 bath units in a rapidly gentrifying, quiet, unique HOA community of sixteen 4-plexes. All the units were rehabbed over the last few years. Tenants move in and almost never leave. Upside on the rents. Four large single car garages. Potential to turn one or more of the garages into ADU. (Already happening in the neighborhood). The building has its own laundry room with coin operated washer/dryer. Additional storage room for owner. The HOA pays for common area landscape/maintenance, trash, and an onsite manager. Located in an opportunity zone. Property can be purchased individually or with another 4-plex at 340 Lansing Circle. Buyer to cooperate with sellers 1031 exchange.
Location
State CA
County San Diego
Community South Escondido
Area Escondido (92025)
Exterior
Exterior Feature Stucco
Roof Type Composition
Building
Story 1
Lot Size Range 7500-10889 SF
Level or Stories 1 Story
Others
Acceptable Financing Cal Vet, Cash, Conventional
Space Rent $1,535
Listing Terms Cal Vet, Cash, Conventional
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Listed by Cody J Evans • South Coast Commercial, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "