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Escondido, CA 92025,251 257 N Cedar Street
Escondido, CA 92025,251 257 N Cedar Street
Escondido, CA 92025,251 257 N Cedar Street
$1,288,000
Est. payment /mo
$1,396,500
7.8%
Est.Price: ?

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SOLD DATE : 01/24/2025

Key Details

Sold Price $1,288,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision East Escondido

MLS Listing ID 240028102SD

Year Built 1963

Property Description

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. 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.

Location

State CA

County San Diego

Area 92025 - Escondido

Building/Complex Name Escondido

Interior

Cooling See Remarks

Exterior

View Y/N No

Roof Type Composition

Building

Story 2

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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California Regional MLS (CRMLS)
Listed by Bob Davie • SD Residential Property Mgmt
Bought with Farid Khayamian • Bluxen, Inc
agent
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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