340 Lansing Circle new

Escondido,CA 92025

$ 1449000

8 Beds

4 Baths

875 SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 875 sqft

Price per Sqft $1,656

Subdivision South Escondido

MLS Listing ID 240026077

Bedrooms 8

Full Baths 4

HOA Y/N No

Year Built 1964

Lot Size 0.270 Acres

Property Description

Large 2 bedroom/1 bath units (approx 875 sq ft each) 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. Significant upside on the rents. Large unused yard area of over 6,000 sq ft for potential adding one or more ADUs. 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 355 Lansing Circle.

Location

State CA

County San Diego

Community South Escondido

Area Escondido (92025)

Exterior

Exterior Feature Stucco

Roof Type Composition

Building

Story 1

Lot Size Range .25 to .5 AC

Level or Stories 1 Story

Others

Acceptable Financing Cal Vet,Cash,Conventional,Exchange,FHA

Space Rent $1,835

Listing Terms Cal Vet,Cash,Conventional,Exchange,FHA

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