9888 Nutby Ln - 9888 Nutby Ln
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9888 Nutby Ln - 9888 Nutby Ln
3 Unit Apartment Building Offered at $1,649,000 in Escondido, CA 92026
Investment Highlights
- Cost-effective utilities with SDGE's agriculture rate, a drilled well, 25 avocado trees, trailer hookups
- Guest living area beneath the main residence, offering an ideal space for guests and privacy
- Opportunity to rent out through long-term leases or short-term Airbnb rentals
- 3 separate structures on a 9.5 acre lot - Main house, 2 rental units, and 4 detached garages
Executive Summary
*PROPERTY IS ON A PRIVATE STREET. PLEASE CONTACT LISTING AGENT BEFORE DRIVING THE PROPERTY*
Discover this unique 9.5 acre property in Lilac Hills! featuring three separate structures – a main house, two rental units, and 4 detached garages. The main residence offers spacious interiors while the additional rental units stand ready to generate income, whether through long-term leases or short-term Airbnb rentals. In addition, there is a guest space located beneath the main residence, offering an ideal space for accommodating guests or providing privacy for family members.
Outside, explore ample outdoor space perfect for personal use or investment ventures. The property is zoned for light agriculture, allowing for many types of land uses such as Recreational amenities like spas and pools, Accessory dwelling units, Animal keeping, Agricultural projects, and much more
Additional highlights include cost-effective utilities with SDG&E's agriculture rate, a drilled well, 25 avocado trees, trailer hookups and much more
Whether you seek a personal retreat, investment opportunity, or both, this Escondido estate awaits you! Please Reach out to The Listing Agent Joey Belcastro with any questions
Discover this unique 9.5 acre property in Lilac Hills! featuring three separate structures – a main house, two rental units, and 4 detached garages. The main residence offers spacious interiors while the additional rental units stand ready to generate income, whether through long-term leases or short-term Airbnb rentals. In addition, there is a guest space located beneath the main residence, offering an ideal space for accommodating guests or providing privacy for family members.
Outside, explore ample outdoor space perfect for personal use or investment ventures. The property is zoned for light agriculture, allowing for many types of land uses such as Recreational amenities like spas and pools, Accessory dwelling units, Animal keeping, Agricultural projects, and much more
Additional highlights include cost-effective utilities with SDG&E's agriculture rate, a drilled well, 25 avocado trees, trailer hookups and much more
Whether you seek a personal retreat, investment opportunity, or both, this Escondido estate awaits you! Please Reach out to The Listing Agent Joey Belcastro with any questions
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
| Price | $1,649,000 | Property Type | Multifamily |
| Price Per Unit | $549,667 | Lot Size | 8.54 AC |
| Sale Type | Investment | Building Size | 4,572 SF |
| Sale Conditions | 1031 Exchange | No. Stories | 2 |
| No. Units | 3 | Year Built | 2003 |
| Price | $1,649,000 |
| Price Per Unit | $549,667 |
| Sale Type | Investment |
| Sale Conditions | 1031 Exchange |
| No. Units | 3 |
| Property Type | Multifamily |
| Lot Size | 8.54 AC |
| Building Size | 4,572 SF |
| No. Stories | 2 |
| Year Built | 2003 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+3 | 1 | $7,535 | 4,178 |
| 1+1 | 1 | $2,400 | 664 |
| Studios | 1 | $1,900 | 600 |
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zoning
| Zoning Code | A70 (The property is zoned for light agriculture, allowing for many types of land uses (ADU's, spas/pools/animal keeping/agricultural projects)) |
| A70 (The property is zoned for light agriculture, allowing for many types of land uses (ADU's, spas/pools/animal keeping/agricultural projects)) |
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9888 Nutby Ln - 9888 Nutby Ln
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