Listing provided courtesy of Ryan Merriken of JLM Real Estate Inc.. Last updated 2024-08-20 09:14:35.000000. Listing information © 2024 Sandicor.
Asking Price: $1,050,000 | Active
136 E 5th Ave, Escondido CA 92025
Community: Escondido
This Res Income 2-4 Units property was built in 1945 and is priced at $1,050,000. Please see the additional details below.
Discover an exceptional investment opportunity in the heart of Escondido with this meticulously renovated three-unit property. Featuring a spacious 3-bedroom, 2-bathroom front house and two charming studio back units, each residence boasts high-end marble kitchen finishes and stylish new flooring throughout. Set on over 7,000 sq ft of prime real estate, the property offers ample yard space and generates attractive market rate rents with a solid 5% cap rate. Perfect for investors seeking a blend of modern amenities and substantial rental income, this gem is poised to deliver both immediate and long-term value.