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385 Lake Dr.
Escondido, CA 92029
Multifamily Property For Sale · 3 Units

Investment Highlights

  • Fully renovated units with both interior and exterior renovations
  • Potential to convert basement to a 3BED/2BA ADU to make this a 4-unit property
  • Prime location in Del Dios, nestled next to Lake Hodges with stunning views and located in quiet, serene community
  • Owner can reside in main house and rent out other units as short or long-term rentals

Property Facts

No. Units 3
Property Type Multifamily
Lot Size 0.12 AC
Building Size 2,024 SF
Average Occupancy 0%
No. Stories 2
Year Built/Renovated 1929/2023
Parking Ratio 2.96/1,000 SF
Zoning R-1

Amenities

Unit Amenities

  • Balcony
  • Fireplace
  • Refrigerator
  • Yard
  • Patio

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 $2,250 -
2+1 1 $2,450 -
3+2 1 $3,550 -

Property Taxes

Property Taxes

Parcel Number
270-086-03
Land Assessment
$900,000
Improvements Assessment
$375,000
Total Assessment
$1,275,000
  • Listing ID: 31471183

  • Date on Market: 4/10/2024

  • Last Updated:

  • Address: 385 Lake Dr., Escondido, CA 92029

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