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1108 E Ohio Avenue

Escondido, CA 92025
  • $949,000
  • STATUS: ACTIVE
  • ON SITE: 37 Days
  • ID#: NDP2408056
Price Reduced
UPDATED: 47 min ago
$949,000
  • 4
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Great Investment Opportunity! Three units - 1 BR/1 BA with a garage, 2BR/1 BA and a 1BR/2 BA with a large attached storage room. Needs some fixing but loads of potential. The adjoining vacant lot creates a country in the city feel as the vacant lot is dressed with green lawns and trees. Keep the lot as a yard or develop into your dream. Currently all units are rented. City zoning is restricted commercial with the new Urban lV/V overlay which permits Single family, Multi-family, Residential Care Facility, Community Gardens and more. Photos are combined to include adjoining vacant lot which must be purchased in conjunction with this lot and triplex. Great Investment Opportunity! Three units - 1 BR/1 BA with a garage, 2BR/1 BA and a 1BR/2 BA with a large attached storage room. Needs some fixing but loads of potential. The adjoining vacant lot creates a country in the city feel as the vacant lot is dressed with green lawns and trees. Keep the lot as a yard or develop into your dream. Currently all units are rented. City zoning is restricted commercial with the new Urban lV/V overlay which permits Single family, Multi-family, Residential Care Facility, Community Gardens and more. Photos are combined to include adjoining vacant lot which must be purchased in conjunction with this lot and triplex.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
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1108 E Ohio Avenue Escondido, CA 92025

  • Price: $949,000
  • Status: ACTIVE
  • On Site: 37 Days
  • Updated: 47 min ago
  • ID#: NDP2408056
4
Beds
0
Baths
0
½ Baths
0.16
Acres
Neighborhood:
Escondido
County:
San Diego
Area:
Escondido (92025)
Property Description
Great Investment Opportunity! Three units - 1 BR/1 BA with a garage, 2BR/1 BA and a 1BR/2 BA with a large attached storage room. Needs some fixing but loads of potential. The adjoining vacant lot creates a country in the city feel as the vacant lot is dressed with green lawns and trees. Keep the lot as a yard or develop into your dream. Currently all units are rented. City zoning is restricted commercial with the new Urban lV/V overlay which permits Single family, Multi-family, Residential Care Facility, Community Gardens and more. Photos are combined to include adjoining vacant lot which must be purchased in conjunction with this lot and triplex. Great Investment Opportunity! Three units - 1 BR/1 BA with a garage, 2BR/1 BA and a 1BR/2 BA with a large attached storage room. Needs some fixing but loads of potential. The adjoining vacant lot creates a country in the city feel as the vacant lot is dressed with green lawns and trees. Keep the lot as a yard or develop into your dream. Currently all units are rented. City zoning is restricted commercial with the new Urban lV/V overlay which permits Single family, Multi-family, Residential Care Facility, Community Gardens and more. Photos are combined to include adjoining vacant lot which must be purchased in conjunction with this lot and triplex.
Exterior Features

Pool N/K

Interior Features

Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 2

Property Features

Actual Cap Rate 2.0 Annual Expense Actual 2995 Buildings 1 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 48840 Home Owners Fees 0.0 Terms CashConventional Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit1 Rent Actual 1140.0 Unit2 Rent Actual 1750.0 Unit3 Rent Actual 1180.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Riga Moore of Morgan Brown Real Estate, Inc: 760-746-5795. Listing information © 2024 San Diego MLS Inc. Source: CR Paragon
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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Yarbrough Group
2445 Truxtun Rd., Ste 108
San Diego CA, 92106