801 W 2nd Ave
Escondido, CA 92025
Potential Rehabilitation / Assisted Living · Health Care Property For Sale
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14 Beds
Property Facts
About 801 W 2ND AVE , ESCONDIDO, CA 92025
BJ Delhamer & GRE Commercial Real Estate are pleased to offer the opportunity to purchase this ideal building for an Assisted Living Facility/Rehabilitation Center. Purchase price includes land and building. City of Escondido allows 6-beds immediately, requires a conditional use permit to increase the number of beds, and stated the process should only take 2-3 months to approve the CUP. This facility can easily accommodate 14-beds for a Residential Care Facility for the Elderly. With and average income per bed of +/-$4,000/mo, the facility will gross $50,000-$54,000/mo. Seller is willing to help with licensing. ————————————————————————————————– BUYER BROKER CO-OP COMMISSION: 2.5% ————————————————————————————————– PROPERTY OVERVIEW: Price: $799,000 (Includes land and building) Type: Owner/User or Investor Unit Size: 3,340 SF Address: 801 W 2nd Ave, Escondido, CA 92025 APN: 232-220-09 ———————————————————————————————— PROPERTY HIGHLIGHTS: *12 Bedrooms & 6 Bathrooms *2 Laundry areas *Minutes walk to the Escondido Transit Center *This facility can easily accommodate 14-beds for a Rehabilitation Center/Residential Care Facility for the Elderly *Seller is willing to help with licensing. ———————————————————————————————— FINANCING: *Seller will entertain carrying a note with proper pricing and terms. *Conventional, SBA, & more financing available – starting as low as 10% down ———————————————————————————————— FREQUENTLY ASKED QUESTIONS (FAQ): ————————————————————————————————
Property Taxes
| Parcel Number | 232-220-09 | Improvements Assessment | $289,231 |
| Land Assessment | $613,836 | Total Assessment | $903,067 |
