This Multifamily Property is no longer advertised on LoopNet.com.

139 W 5th Ave
Escondido, CA 92025

Multifamily Property For Sale · 4 Units

PROPERTY FACTS

No. Units 4
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Garden
Lot Size 0.16 AC
Building Size 2,616 SF
No. Stories 2
Year Built/Renovated 1925/2018

ABOUT 139 W 5TH AVE , ESCONDIDO, CA 92025

This is a fantastic opportunity to purchase a low maintenance 4 unit property with many upgrades located in the Old Escondido neighborhood of Escondido with a strong in-place cap rate of 5.86% The front unit is a 3bdrm/1bthrm house with a new kitchen w/ granite, etc, there are two(2) 2bdrm/1bthrm units (one of which was completely remodeled in the rear and one (1) 1bdrm/1bthrm unit with a newer kitchen and a small private fenced yard. There are two (2) single-car garages and an onsite laundry room. Contact agent listing for a complete offering memorandum - please do not disturb tenants. This property is being sold to close in conjunction with the 2-unit property located at 627-629 W. 6th Avenue in Escondido with the purpose of timing a 1031 exchange (this is not a contingency). The two properties can be sold separately or together.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+1 1 $1,750 -
1+1 1 $1,035 -
2+1 2 $1,413 -

PROPERTY TAXES

ZONING

Zoning Code R4
  • Listing ID: 13696195

  • Date on Market: 9/4/2018

  • Last Updated:

  • Address: 139 W 5th Ave, Escondido, CA 92025