355 Lansing Circle, Escondido, CA 92025 - MLS#240026078

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 1,399,000

Est. payment | -/mo

8 Beds

4 Baths

875 SqFt

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$ 1,399,000

Est. payment | -/mo

Save Virtual Tour Video Tour

8 Beds

4 Baths

875 SqFt

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

Listed by Cody J Evans • South Coast Commercial, Inc.

+1(619) 302-3010

matt@homecrave.com

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