904 Chestnut Street
Escondido, CA 92025
#240028103SD
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!
Property Details
- Property SubtypeResidentialIncome
- SubdivisionEast Escondido
- Property TypeMulti-Family
- MLS #240028103SD
- MLS #240028103SD
- Original List Price$1,013,250
- CountySan Diego
- Cost1013250
- Year Built1948
- Stories1
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Bob Davie (#SAND-650245)
Listing Office: SD Residential Property Mgmt (#SAND-4220)
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