Listing provided courtesy of Bob Davie of SD Residential Property Mgmt. Last updated 2024-12-26 10:14:32.000000. Listing information © 2024 Sandicor.
Asking Price: $1,396,500 | Pending
251-257 N Cedar Street, Escondido CA 92025
Community: Escondido
This Res Income 2-4 Units property was built in 1963 and is priced at $1,396,500. Please see the additional details below.
Turn-Key 4-Unit Investment Property in East Escondido – Immediate Cash Flow! Discover an incredible investment opportunity with this fully tenant-occupied 4-unit property in desirable East Escondido. Generating nearly $8,000 in monthly rental income, this property offers long-term tenants and a prime location, making it a rare find for savvy investors. This well-maintained building consists of three 2-bedroom, 1-bathroom units located downstairs, and one 2-bedroom, 1-bathroom unit upstairs. The upstairs unit features a private patio, while all tenants enjoy the common fenced yard. The property’s low-maintenance nature ensures a hassle-free investment, offering steady returns for years to come. Situated on a quiet residential street with a Walk Score of 71, the property is ideally located near stores, restaurants, and public transportation, making it a highly desirable place for tenants to call home. This turn-key asset is perfect for investors looking to add a high-performing property to their portfolio. With tenant stability, strong rental income, and a prime location, this investment offers both immediate cash flow and long-term growth potential.