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$ 1,600,000
$ 1,650,000 3.0%
Est. payment | /mo
0.33 Acres Lot
$ 1,600,000
$ 1,650,000 3.0%
Est. payment | /mo
0.33 Acres Lot
Key Details
Sold Price $1,600,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 240028584SD
Sold Date 02/10/25
HOA Y/N No
Lot Size 0.330 Acres
Property Sub-Type Mixed Use
Property Description
Built in 1953, this distinctive 6,692 sq. ft. mixed-use property in Escondido offers a compelling blend of residential and retail spaces on a spacious 14,206 sq. ft. parcel. The property consists of three structures, featuring five apartment units and two retail units, set within a tranquil, single-story garden community. It includes two two-car garages, a one-car garage, and plenty of off-street parking for added convenience. The property currently generates additional income through a RUBS (Ratio Utility Billing System), and a new owner can further capitalize on immediate revenue opportunities from laundry and garage rentals.
Location
State CA
County San Diego
Area 92025 - Escondido
Interior
Fireplace No
Others
Tax ID 2333621100
Financing Cash
Listed by Bill Anderson • Acre Investment Real Estate
Bought with Craig Stewart • Acre Investment Real Estate
Bought with Craig Stewart • Acre Investment Real Estate
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