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542 W 8th Escondido, CA 92025
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Key Details
Sold Price $1,056,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NDP2502512
Year Built 1946
Lot Size 6,956 Sqft
Property Sub-Type Triplex
Property Description
Incredible investment opportunity in Escondido! This fully occupied triplex generates $6,850+ per month in rental income, with additional income from the leased washer/dryer unit for even greater cash flow. The property features three separate units across two structures, including a 3-bedroom, 2-bath home and two studio units, each with their own private entrances and outdoor spaces. A brand-new HVAC system has been recently installed, reducing future capital expenditures while ensuring comfort and energy efficiency for tenants. Paid-for solar helps minimize utility costs, further enhancing profitability. Please do not disturb tenants.
Location
State CA
County San Diego
Area 92025 - Escondido
Zoning R-2: Minor Multiple
Interior
Laundry Common Area
Exterior
Pool None
Community Features Street Lights, Sidewalks
View Y/N No
Building
Lot Description Level
Story 1
Sewer Public Sewer
Others
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
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Bought with Rigo Romanillo Alcaraz • Real Broker