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422 S Date St - Two Houses + Studio 3 Unit Apartment Building Offered at $950,000 at a 5.14% Cap Rate Escondido, CA 92025
Investment Highlights
- Separate houses.
- Upgraded.
- Excellent in-place income.
Executive Summary
3 bed, 2 bath front house, 2 bed, 1 bath rear house + studio. Upgraded homes. Fully occupied. Excellent cash flow. Each home enjoys a private fenced rear yard and ample parking. New windows, refinished hard wood floors, w/d hook-ups, pitched composite shingle roofs. Please drive by discreetly without disturbing the residents. Property can be shown with an acceptable offer.
Property Facts
| Price | $950,000 | Apartment Style | Single-Family Home |
| Price Per Unit | $316,667 | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 2,150 SF |
| Cap Rate | 5.14% | Average Occupancy | 100% |
| Gross Rent Multiplier | 13 | No. Stories | 1 |
| No. Units | 3 | Year Built/Renovated | 1957/2025 |
| Property Type | Multifamily |
| Price | $950,000 |
| Price Per Unit | $316,667 |
| Sale Type | Investment |
| Cap Rate | 5.14% |
| Gross Rent Multiplier | 13 |
| No. Units | 3 |
| Property Type | Multifamily |
| Apartment Style | Single-Family Home |
| Lot Size | 0.16 AC |
| Building Size | 2,150 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1957/2025 |
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Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
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