753 Park Place
Escondido CA 92025
$1,139,250
Status: Active
Property Details
Description
**PLEASE DO NOT DISTURB THE TENANTS** Turn-Key 3-Unit Investment Opportunity in East Escondido This fully tenant-occupied property is a prime investment opportunity, delivering immediate cash flow and strong returns. With long-term tenants in place, the property generates over $6,000 in monthly rents, offering investors reliable income from day one. The front unit is a 2-bedroom single-family home, while the rear building, constructed around 1979, features a 1-bedroom, 1-bath unit on the ground floor and a 2-bedroom, 1-bath unit upstairs. Designed with functionality and tenant appeal in mind, the property includes off-street parking, an on-site coin-operated laundry, and private outdoor spaces. The front and ground-floor rear units feature separate yards, while the upstairs unit benefits from a 10x20 covered deck above the carport. Located on a quiet residential street with a Walk Score of 80, the property is close to stores, restaurants, and public transportation, attracting tenants who value convenience and walkability. This low-maintenance, turn-key asset is ideal for investors looking to add a high-performing property to their portfolio. Its strong rental income, tenant stability, and desirable location make it a rare find in East Escondido. Don’t miss this opportunity to secure a tenant-occupied property with immediate income and long-term growth potential!
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Listing provided courtesy of Bob Davie of SD Residential Property Mgmt. Last updated 2024-12-17 10:14:27.000000. Listing information © 2024 PSIR CREST.
Greg Amat
Realtor
DRE# 02071886
12411 Rancho Bernardo Rd, Village Shopping Center
San Diego, CA 92128
Cellphone:
Moreno Gombia
Realtor
DRE# 02069405
12411 Rancho Bernardo Rd, Village Shopping Center
San Diego, CA 92128
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CA DRE# 683371
12411 Rancho Bernardo Rd, Village Shopping Center
San Diego, CA 92128
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