Escondido, CA 92025,251 257 N Cedar Street
Escondido, CA 92025,251 257 N Cedar Street
Escondido, CA 92025,251 257 N Cedar Street
19
$1,288,000
$1,396,500
7.8%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

251 257 N Cedar Street Escondido, CA 92025

Est. payment /mo
SOLD DATE : 01/24/2025

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

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

Sold Date 01/24/25

HOA Y/N No

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

Fireplace No

Exterior

View Y/N No

Roof Type Composition

Building

Story 2

Entry Level Two

Level or Stories Two

Others

Senior Community No

Tax ID 2301720800

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

Read Less


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

GET MORE INFORMATION

agent

Alyssa Stalker

Agent | License ID: 02029894

+1(805) 796-3496

Name
Phone*
Message