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- LoopNet Team
830 E Washington Ave
Escondido, CA 92025
Cash Flow Property | 3.9% Assumable Loan · Multifamily Property For Sale
·
9 Units
PROPERTY FACTS
| No. Units | 9 | Lot Size | 0.46 AC |
| Property Type | Multifamily | Building Size | 6,765 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1969 |
| Building Class | C | Parking Ratio | 3.4/1,000 SF |
| Zoning | R3 | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 6,765 SF |
| No. Stories | 2 |
| Year Built | 1969 |
| Parking Ratio | 3.4/1,000 SF |
| Zoning | R3 |
AMENITIES
SITE AMENITIES
- Courtyard
- Picnic Area
- Gated
- Laundry Service
ABOUT 830 E WASHINGTON AVE , ESCONDIDO, CA 92025
NORTH SAN DIEGO COUNTY. ATTRACTIVE 3.9% ASSUMABLE LOAN. 830 E Washington Ave is a 9 unit apartment property located in the city of Escondido, within close proximity to schools, shopping along Grand Ave, Sprinter Light Rail Transit Station, California Center for the Arts Escondido, Civic Center, and much more. The property is on a large lot (20k+ SF) which includes 3 - two car garages and 1 - single car garage (total of 7 garage spaces), 8 - carports and several additional off-street parking spaces. Tenant’s also have additional storage for use in each carport. The property includes a community patio, shared grass area and on-site laundry facility. The unit mix includes 6 - 1BR/1BA units, 2 - 2BR/1BA single story units, and 1 - 2BR/2BA spacious unit. The property is well maintained and has newer double-pane windows, exterior paint and landscaping. Several interiors have been upgraded to nice apartment grade level. Further Value-Add potential at the property on market turnover. *LOCATED 4 BLOCKS TO "PALOMAR HEIGHTS" 450 UNIT MIXED USE DEVELOPMENT PROJECT (Former Palomar Hospital Campus).*
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | $1,300 | 550 |
| 2+1 | 2 | $1,413 | 650 |
| 2+2 | 1 | $1,550 | 1,190 |
PROPERTY TAXES
| Parcel Number | 230-052-03 | Improvements Assessment | $1,003,965 |
| Land Assessment | $1,171,292 | Total Assessment | $2,175,257 |
PROPERTY TAXES
