509 Aster St

Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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...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
  1. Listed by Omid Maghamfar • DRE #01996440 • Brokerage DRE #00616212 • Coldwell Banker Realty

Property Details for 509 Aster Street

Cooling Type
Wall/Window Unit(s)
Total Units
4.0
Lot Size Source
Assessor
Stories Total
1
Subdivision Name
South Escondido
Subdivision Name Other
South Escondido
Senior Community
No
Parcel Number
2313111100
LISTING UPDATED: 12/31/2020 06:34 AM

Property Details for 509 Aster Street

StatusClosed
MLS #200016796
Days on Market8
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1964
Lot Size-
CountySan Diego County

Location

Listing Courtesy of Coldwell Banker Realty, Omid Maghamfar, DRE #01996440

Sold By Compass, Katie Pond, DRE #01372991

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Building Information for 509 Aster Street

Stories1Residences-Year Built1964Building Size-Lot Size-

Payment Calculator

$4,149 per month

30 year fixed, 6.11% Interest

Principal and Interest

$4,149

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 509 Aster Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Scheduled Income: $61,200
  • Net Operating Income: $51,200
  • Cap Rate: 6.4
Community / Development
Community / Development
  • Park Name: Vista Del Cerritos
Property / Structure Info
Interior Features
  • Appliances: Gas Water Heater
  • Cooling: Wall/Window Unit(s)
Exterior Features
  • Roof: Composition
Land/Lot Info
  • Lot Features: Sprinklers Manual
  • Levels: One
Unit Information
Unit 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Actual Rent: $1,275
  • Unit Type Pro Forma: 1600
  • Unit Type Type: 1
Unit 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Actual Rent: $1,275
  • Unit Type Pro Forma: 1600
  • Unit Type Type: 2
Unit 3
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Actual Rent: $1,275
  • Unit Type Pro Forma: 1600
  • Unit Type Type: 3
Unit 4
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Actual Rent: $1,275
  • Unit Type Pro Forma: 1600
  • Unit Type Type: 4
Unit Information
  • Number Of Buildings: 1
  • Number With Dishwasher: 4
  • Number With Range: 4
  • Number With Refrigerator: 0
  • Number With Patio: 2

Property History for 509 Aster Street

DateEvent & SourcePriceAppreciation
May 13, 2020

Sold

CRMLS #200016796

$855,000
Apr 18, 2020

Pending

CRMLS #200016796

Apr 10, 2020

Listed (Active)

CRMLS #200016796

$899,000
DateEvent & SourcePrice
05/13/2020

Sold

CRMLS #200016796

$855,000
04/18/2020

Pending

CRMLS #200016796

04/10/2020

Listed (Active)

CRMLS #200016796

$899,000

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

Schools near 509 Aster Street

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
Rose Elementary School
PublicK to 5

Mission Middle School
Public6 to 8

Orange Glen High School
Public9 to 12

Escondido Charter 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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Listing Courtesy of Coldwell Banker Realty, Omid Maghamfar, DRE #01996440

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