$1,399,000
For Sale

355 Lansing Circle

Escondido, CA 92025
0.19 acres | #240026078SD
Listing OfficeSouth Coast Commercial, Inc.
Browse 15 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

Large 2 bedroom/1 bath units in a rapidly gentrifying, quiet, unique HOA community of sixteen 4-plexes. All the units were rehabbed over the last few years. Tenants move in and almost never leave. Upside on the rents. Four large single car garages. Potential to turn one or more of the garages into ADU. (Already happening in the neighborhood). The building has its own laundry room with coin operated washer/dryer. Additional storage room for owner. The HOA pays for common area landscape/maintenance, trash, and an onsite manager. Located in an opportunity zone. Property can be purchased individually or with another 4-plex at 340 Lansing Circle. Buyer to cooperate with sellers 1031 exchange.

  • Property Details
      • Property SubtypeResidentialIncome
      • SubdivisionSouth Escondido
      • Property TypeMulti-Family
      • MLS #240026078SD
      • MLS #240026078SD
      • Original List Price$1,399,000
      • CountySan Diego
      • Cost1399000
      • Acres0.1908
      • Year Built1964
      • Stories1

Location

Jessie Espinosa | Century 21 Select Real Estate, TurlockReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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