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Rick Lee

rickjleehomes@gmail.com +1(714) 943-1598

$ 1,399,000

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355 Lansing Circle Escondido, CA 92025

8,311 Sqft Lot

UPDATED:

12/05/2024 04:35 AM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision South Escondido

MLS Listing ID 240026078SD

HOA Y/N No

Year Built 1964

Lot Size 8,311 Sqft

Property 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.

Location

State CA

County San Diego

Area 92025 - Escondido

Interior

Cooling None

Fireplace No

Exterior

Fence None

View Y/N No

Roof Type Composition

Building

Story 1

Entry Level One

Level or Stories One

Others

Senior Community No

Tax ID 2293110900

Acceptable Financing Cash, Conventional, Cal Vet Loan

Listing Terms Cash, Conventional, Cal Vet Loan

Listed by Cody Evans • South Coast Commercial, Inc.

Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

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Rick Lee

355 Lansing Circle Escondido, CA 92025

Key Details

Location

Interior

Exterior

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Others

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355 Lansing Circle