753 Park Place , Escondido, CA 92025

  • $1,139,250
EAST ESCONDIDO
Closed
753 Park Place , Escondido, CA 92025
EAST ESCONDIDO
  • $1,139,250

Overview

Property ID: HZ240028104
  • Res Income 2-4 Units, Residential Income
  • Property Type
  • 5
  • Bedrooms
  • 3
  • Bathrooms
  • 2250
  • Sqft
  • 1965
  • Year Built

Description

**PLEASE DO NOT DISTURB THE TENANTS** Turn-Key 3-Unit Investment Opportunity in East Escondido This fully tenant-occupied property is a prime investment opportunity, delivering immediate cash flow and strong returns. With long-term tenants in place, the property generates over $6,000 in monthly rents, offering investors reliable income from day one. The front unit is a 2-bedroom single-family home, while the rear building, constructed around 1979, features a 1-bedroom, 1-bath unit on the ground floor and a 2-bedroom, 1-bath unit upstairs. Designed with functionality and tenant appeal in mind, the property includes off-street parking, an on-site coin-operated laundry, and private outdoor spaces. The front and ground-floor rear units feature separate yards, while the upstairs unit benefits from a 10×20 covered deck above the carport. Located on a quiet residential street with a Walk Score of 80, the property is close to stores, restaurants, and public transportation, attracting tenants who value convenience and walkability. This low-maintenance, turn-key asset is ideal for investors looking to add a high-performing property to their portfolio. Its strong rental income, tenant stability, and desirable location make it a rare find in East Escondido. Don’t miss this opportunity to secure a tenant-occupied property with immediate income and long-term growth potential!

  • Address 753 Park Place
  • City Escondido
  • State/county CA
  • Zip/Postal Code 92025
  • Area EAST ESCONDIDO

Details

Updated on January 23, 2025 at 11:16 pm
  • Property ID: HZ240028104
  • Price: $1,139,250
  • Property Size: 2250 Sqft
  • Bedrooms: 5
  • Bathrooms: 3
  • Garage Size: x x
  • Year Built: 1965
  • Property Type: Res Income 2-4 Units, Residential Income
  • Property Status: Closed

Additional details

  • Listing Terms: Cash,Conventional
  • Roof: Composition
  • Cooling: Wall/Window
  • County: San Diego
  • Property Type: Residential Income
  • Community Features: Laundry Facilities
  • Agent Name: Bob Davie
  • MLS Agent ID: 650245

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