Escondido, CA 92025,904-912 Chestnut Street
Escondido, CA 92025,904-912 Chestnut Street
Escondido, CA 92025,904-912 Chestnut Street
$915,000
Est. payment /mo
$1,013,250
9.7%
Est.Price: ?

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4 Beds
4 Baths
SOLD DATE : 01/23/2025

Key Details

Sold Price $915,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

Subdivision East Escondido

MLS Listing ID 240028103

Sold Date 01/23/25

Bedrooms 4

Year Built 1948

Property Sub-Type Res Income 2-4 Units

Property Description

***PLEASE DO NOT DISTURB THE TENANTS*** Prime 4-Unit Tenant-Occupied Investment Opportunity in Old Escondido. This fully tenant-occupied, turn-key property is a rare gem in the heart of Old Escondido, offering immediate and consistent income from day one. All four units are leased by long-term tenants, generating over $6,000 in monthly rents, with a strong cap rate that makes this an exceptional opportunity for investors seeking stable cash flow and high returns. The property features one 2-bedroom, 1-bath unit, two 1-bedroom, 1-bath units, and a non-conforming studio all with significant rental upside. Additional amenities include three single-car garages, off-street parking, and private and communal outdoor spaces, all enhancing tenant retention and property value. Located on a quiet residential street this property is perfect for investors looking for a hands-off, income-generating asset in one of Escondido's great neighborhoods. Seize this rare opportunity to own a fully tenant-occupied property with immediate income and long-term value!

Location

State CA

County San Diego

Area North County

Interior

Fireplace No

Exterior

Fence Full

View Y/N No

Roof Type Composition

Building

Story 1

Level or Stories 1

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MLS Router / San Diego MLS
Listed by Bob Davie SD Residential Property Mgmt
Bought with Farid Khayamian Bluxen, Inc

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agent

Ian Collins, MBA

+1(619) 270-5733

Team Lead / Agent | CA DRE# 0202209201858943

Team Lead / Agent CA DRE# 0202209201858943

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