CA > Escondido > East Escondido
Escondido, CA 92025,904 912 Chestnut Street
Escondido, CA 92025,904 912 Chestnut Street
Escondido, CA 92025,904 912 Chestnut Street
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Paul Ward

Paul Ward

+1(805) 479-5004
$1,013,250
Est. payment /mo
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UPDATED:

12/16/2024 07:41 PM

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Subdivision East Escondido

MLS Listing ID 240028103SD

HOA Y/N No

Year Built 1948

Property Description

***PLEASE DO NOT DISTURB THE TENANTS*** Prime 4-Unit Tenant-Occupied Investment Opportunity in Old Escondido. This fully tenant-occupied, turn-key property is a rare gem in the heart of Old Escondido, offering immediate and consistent income from day one. All four units are leased by long-term tenants, generating over $6,000 in monthly rents, with a strong cap rate that makes this an exceptional opportunity for investors seeking stable cash flow and high returns. The property features one 2-bedroom, 1-bath unit, two 1-bedroom, 1-bath units, and a non-conforming studio all with significant rental upside. Additional amenities include three single-car garages, off-street parking, and private and communal outdoor spaces, all enhancing tenant retention and property value. Located on a quiet residential street this property is perfect for investors looking for a hands-off, income-generating asset in one of Escondido's great neighborhoods. Seize this rare opportunity to own a fully tenant-occupied property with immediate income and long-term value!

Location

State CA

County San Diego

Area 92025 - Escondido

Building/Complex Name Escondido

Interior

Cooling None

Fireplace No

Exterior

View Y/N No

Roof Type Composition

Building

Story 1

Entry Level One

Level or Stories One

Others

Senior Community No

Tax ID 2336303600

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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California Regional MLS (CRMLS)
Listed by Bob Davie • SD Residential Property Mgmt

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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