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Escondido, CA 92029 385 Lake Dr

$1,495,000

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Presented By: JLM Real Estate Inc.;
  • MLS# 240007626
  • 04/10/2024
  • Request Tour
  • Request Info
  • BedBeds • 6
  • BathBaths • 4
  • GarageGarage • 1

Home Details

Happy to present this turnkey investment opportunity near lake Hodges in the heart of Del Dios. Fantastic location for owner occupied buyer or investor. Potential to operate units as short term or Long term rentals and the potential to convert the 1st floor basement to a 3BD/2BA ADU to make this a 4-unit property. Front House was fully renovated sparing no expense with new quartz countertops, appliances, flooring, painted inside and out including fences/decks/stairway, windows, mini split, driveway, recessed lighting, and remodeled bathrooms. Back units feature Kitchen and bathroom remodels, new flooring, interior and exterior paint, new electrical outlets and windows. SELLER WILL BE OFFERING A 2, 1 INTEREST RATE BUYDOWN FOR THE BUYER!
Presented By: JLM Real Estate Inc.;

Interior Features for 385 Lake Dr

Bedrooms

Unit 1 # Bedrooms3
Unit 2 # Bedrooms2
Unit 3 # Bedrooms1

Bathrooms

Unit 3 # of Full Baths1
Unit 2 # of Full Baths1
Unit 1 # of Full Baths2
Unit 1 # Total Baths2
Unit 1 # of Half Baths
Unit 2 # Total Baths1
Unit 3 # Total Baths1
Unit 3 # of Half Baths
Unit 4 # Total Baths

Other Interior Features

Unit 2 Laundry Hook UpsYes
# of Units w/Dryers3
# of Units w/Fireplaces2
# of Units w/Garage1
# of Units w/Range/Oven3
# of Units w/Refrigerator3
# of Units w/Washers3
Unit 1 Laundry Hook UpsYes
Unit 3 Laundry Hook UpsYes
Total Furnished Units
Units w/Cooling3
Units w/Dishwashers3

General for 385 Lake Dr

CFD/Mello-Roos Fee0.0
Community Amenities SOUTH ESCONDIDO
CoolingAttic Fan, Wall/Window
Days on Market15
NeighborhoodDel Dios
Other Fees0.0
RoofOther/Remarks
Sale/RentFor Sale
SecurityN/K, Other/Remarks
Senior Community Y/NYes
Stories2 Story
TermsAssumable, Cash, Conventional, FHA, VA
Total Units3
Year Built1929

Exterior for 385 Lake Dr

# of Units w/Patios3
Complex/ParkEscondido
ExteriorWood/Stucco, Other/Remarks
FencingPartial, N/K
Lot Size Area4, 000-7, 499 SF
Number of Buildings2
Unit 1 Exclusive Use YardYes
Unit 1 Prkng Garage Space3
Unit 2 # of Half Baths0
Unit 2 Exclusive Use YardNo
Unit 3 Exclusive Use YardNo

Additional Details

Price History

1527188455

First Team Client Services

Price $1,495,000
MLS#240007626
List Date 04/10/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors