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Key Details
Sold Price $945,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Southwest Escondido
MLS Listing ID 230018934SD
Year Built 1944
Property Description
Stellar investment opportunity in the secluded Escondido community of Del Dios! Property features two fully-remodeled units, an upper space modified by the owner from two bedrooms to one (can easily be changed back) and a fully-contained one-bedroom lower unit with private access and its own driveway that was generating $2500/month when recently rented. Additional bunkhouse/storage unit in back is a great candidate for studio conversion. Property also features multiple outdoor entertaining spaces including spa, fireplace, extra half bath and custom outdoor shower. Many nearby units are occupied by long-term tenants, but others have operated successful short-term rentals in the neighborhood as well. Great location with seclusion and country charm, yet major services and freeway access in Escondido are just a few minutes away.
Location
State CA
County San Diego
Area 92029 - Escondido
Interior
Heating Combination, Forced Air
Cooling Central Air, Heat Pump, See Remarks
Exterior
Fence Partial
View Y/N No
Roof Type Composition
Building
Story 2
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Loni Giles • Century 21 Masters
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Paul Ward
Broker Associate | License ID: 01354001
Broker Associate License ID: 01354001
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