501 N Fig St - Multi-Family FOR SALE


Escondido, CA 92025- Central Escondido
$1,800,000 USD
858-964-8087
501 N Fig St, Escondido, CA for Sale
$1,800,000 USD
Multi-Family - FOR SALE
1/4
null | 5.19% Cap Rate

501 N Fig St
Escondido, CA 92025
Central Escondido


HIGHLIGHTS

  • Condo Quality - Newer 1992 Construction
  • Low Price Per Square Foot - $330
  • Vaulted Ceilings, Fireplaces, and Washer/Dryers

OVERVIEW

We are pleased to offer (4) Condo Quality – Newer Built apartments in beautiful Escondido California. The property consists of extra-large (2) 2 Bedroom + Den / 2 Bath and (2) 2 Bedroom/2 Bath units. Each unit has a fireplace + washer / dryers inside the apartment. The upstairs units have vaulted ceilings. Each unit has a patio or a balcony. The property was constructed in 1992 and includes tile roofs, designer windows, stamped concrete driveway. Tremendous rental upside. The property also provides ample parking spaces with (4) single car garages and additional (8) uncovered parking spaces. This represents a unique opportunity to own a rare Condo-Quality Multi-Family investment property with tremendous upside through rent stabilization. It’s priced well below recent “price per square foot” sale comps. See OM.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$389 USD /SF

# OF UNITS

4

PRICE/UNIT

$450,000

CAP RATE

5.19%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Trophy 4 Plex - Condo Quality

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1992

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,003 SF

ZONING

C

APN/PARCEL ID

230-102-27

ASK ABOUT THIS PROPERTY

Dave PlutnerDP Properties Real Estate Investment BrokerageMore Info
858-964-8087

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Dave PlutnerDP Properties Real Estate Investment BrokerageMore Info
858-964-8087

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.