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Escondido, CA 92025 304 20 S Grape

$1,400,000

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Presented By: Dave Plutner with DP Properties; dplutner@gmail.com
  • MLS# NDP2403419
  • 04/23/2024
  • Request Tour
  • Request Info
  • BedBeds • 4
  • BathBaths • 4
  • FootageSQFT • 2,350
  • GarageGarage • 5

Home Details

Value-add "4 Plex" in the heart of Escondido. Consisting of (2) two Duplexes, (5) five garages and (1) one Extra-large storage area on a large lot makes this a prime candidate for adding a nice ADU for extra cashflow. The investment opportunity consists of all 1 bedroom/1 bath units with a laundry room. Currently, each unit gets 1 garage included in their rent. The 5th garage is rent ready. The 600-foot storage room is the perfect space for a legal ADU. Buyer to verify with the city. There is a laundry room for the tenants to use, free of charge.
Presented By: Dave Plutner with DP Properties; dplutner@gmail.com

Interior Features for 304 20 S Grape

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem1CommonWall
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2

Other Rooms

Entry Level1

General for 304 20 S Grape

Additional Parcels Y/NNo
Attached Garage No
Cap Rate3.0
Carport Y/NNo
CityEscondido
Community FeaturesSidewalks
CountySan Diego
Days on Market1
DirectionsGoogle maps
Electric Expense5584.0
Entry Location1
Garage Spaces5.0
Garage Y/NYes
Gross Income76380.0
HOA0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense1800.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCashtoNewLoan
Lot Size Square Feet8723.0
MLS Area92025 - Escondido
MobileHomeRemainsYNNo
Net Operating Income42456.0
New ConstructionNo
Number of Units Leased4
Open Parking Spaces4.0
Operating Expense31632.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameGrape
Tax Lot00
Taxes$15,904
Total Actual Rent6365.0
Total Units4
Trash Expense0.0
View Y/NNo
Virtual TourClick here
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1950
ZoningR-3

Exterior for 304 20 S Grape

Building Area Total2350.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions57x151
Lot FeaturesRectangularLot
Lot Size Acres0.2003
Lot Size Area8723.0
Lot Size SourcePublicRecords
Lot Size UnitsSquareFeet
LotDimensionsSourcePublicRecords
Number of Buildings2
Number of Separate Electric Meters5
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking9.0

Additional Details

Price History

1527188455

First Team Client Services

Price $1,400,000
MLS#NDP2403419
List Date 04/23/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors