406-416 East 10th Avenue

Escondido, CA 92025

$2,595,000
Price
3
Beds
2.5
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

7-UNIT prime investment opportunity in the heart of Escondido, a vibrant city known for its rich history, cultural attractions, and scenic surroundings. This 7-unit multi-family property presents an excellent chance for astute investors seeking both stability and growth in their portfolio. Nestled in a desirable neighborhood, this well-maintained multi-family property boasts units that are strategically positioned to optimize privacy while offering residents easy access to local amenities. The property...7-UNIT prime investment opportunity in the heart of Escondido, a vibrant city known for its rich history, cultural attractions, and scenic surroundings. This 7-unit multi-family property presents an excellent chance for astute investors seeking both stability and growth in their portfolio. Nestled in a desirable neighborhood, this well-maintained multi-family property boasts units that are strategically positioned to optimize privacy while offering residents easy access to local amenities. The property is enhanced by parking for each unit, communal green space, convenient on-site laundry facilities, and limited storage availability. These features contribute to the overall appeal of the property, ensuring tenant satisfaction and retention. The property's strong financial performance and potential for further growth make it a compelling investment option in the Escondido real estate market. Don't miss the chance to add this exceptional 7-unit multi-family property to your investment portfolio. Whether you're a seasoned investor or exploring new opportunities, this property represents a solid foundation for long-term success in the dynamic Escondido real estate market.
  1. Listed by Kyle Stoner • DRE #01839034 • Brokerage DRE #01417209 • Keller Williams Realty

Property Details for 406-416 East 10th Avenue

City Postal ID
ESCONDIDO (92025)

Location

Listing Courtesy of Keller Williams Realty, Kyle Stoner, DRE #01839034
Add your commute
LISTING UPDATED: 02/13/2024 11:28 AM

Property Details for 406-416 East 10th Avenue

StatusActive
MLS #230024225
Days on Market131
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial-Res Income / Apartment
Year Built-
Lot Size0.46 AC / 20,037 SF
CountySan Diego County

Location

Listing Courtesy of Keller Williams Realty, Kyle Stoner, DRE #01839034
Add your commute

Building Information for 406-416 East 10th Avenue

Stories-Residences-Year Built-Building Size-Lot Size0.46 AC / 20,037 SF

Payment Calculator

$14,162 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,162

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 406-416 East 10th Avenue

Summary Information
Property and Location
  • System ID: 230024225
  • Class: COMMERCIAL-RES INCOME
  • Street Number Numeric: 406
  • Street Direction: E
  • Street Name: 10TH Ave
  • Market Area: North County
  • Directions To Property: Centre City Parkway to 9th Avenue. 9th Avenue to S Juniper Street. S Juniper Street to E 10th Avenue.
Interior and Exterior Features
Interior Features
  • Num of Units w/Dishwashers: 0
Exterior Features
  • Exterior: Front Sprinklers, Fully Landscaped, Part Fenced, Wood Deck
  • Roof: Composition
Property Information
Property and Assessments
  • Entry Only: No
  • Lot Size: .25 through .50 Acres
  • Assessors Parcel Num: 2335501400
Multi Family Information
Unit 1
  • Unit Furnished: 0
  • Unit Rent Total: $11,180
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Number of Bathrooms: 2
Unit 2
  • Unit Furnished: 0
  • Unit Rent Total: $1,450
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Number of Bathrooms: 1
Building Details
  • Unit Type: Apartment, Fourplex, Triplex
  • Age: 1965
  • Construction: Drywall, Frame, Stucco
  • Floor Covering: Hardwood, Tile, Vinyl, Wall to Wall Carpet
  • Have: 7 Units
  • Motive/Want: 1031
  • Parking: Garages, Spaces
  • SqFt of Improvement: 5,376
  • Tenant Pays Electric: Y
  • Tenant Pays Gas: Y
  • Tenant Pays Water: Y

Property History for 406-416 East 10th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 406-416 East 10th Avenue

This home is within Escondido Union School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Juniper Elementary School
PublicK to 5

Bear Valley Middle School
Public6 to 8

Orange Glen High School
Public9 to 12

Classical Academy High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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406-416 East 10th Avenue is a multi-family home for sale in Escondido, CA 92025. This property was listed for sale on December 19, 2023 by Keller Williams Realty, it's currently listed at $2,595,000. This listing's school districts are Escondido Union School District, Escondido Union High School District. Nearby schools include Juniper Elementary School, Bear Valley Middle School and Orange Glen High School. 406-416 East 10th Avenue is a 3-bed, 2.5-bath, multi-family home.

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Listing Courtesy of Keller Williams Realty, Kyle Stoner, DRE #01839034

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