405 N Juniper Street, Escondido, CA 92025

$899,000

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List Price
$899,000
Price Change
▼ $26,000 1784265561
Status
PENDING
MLS#
NDP2604351
Year Built
2010
Lot Location
0-1 Unit/Acre
Days on Market
65
Property Type
Multifamily

Property Description

Here's a rare opportunity to own a sought-after multi-residential income property in the thriving heart of Downtown Escondido. This two-story multifamily asset features three total units: two 1-bedroom units on the lower level and one 2-bedroom unit upstairs, offering strong rental appeal and steady income history. The property is thoughtfully configured with a practical layout that maximizes privacy and functionality. Its two-story design allows for separation between units, while the fenced on-site parking adds a layer of convenience and security that is highly desirable in a downtown setting. The overall setup supports consistent occupancy, catering to tenants seeking comfortable living in a central location with easy access to everyday essentials. Ideally positioned near shopping centers, restaurants, and local services, the property benefits from its placement in a vibrant and walkable neighborhood. Residents will appreciate and enjoy the convenience of nearby retail and dining options, along with access to public transportation and major commuter routes, making it an attractive choice for a wide range of renters. This property, located in a high-demand rental market, combined with its functional layout and tenant-friendly amenities, presents a compelling opportunity for investors seeking stable cash flow with potential for future upside.

Additional Information

Appliances
Convection Oven, Gas Range, Refrigerator, Water Heater
Pool Description
None
Heat
Wall Furnace
Exterior Construction
Drywall
Patio
Balcony
Interior Features
Ceiling Fan(s), Unfurnished
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$60,360
Operating Expense
6398

Listing courtesy of Listing Agent: John Boruff (john@palomarps2.com) from Listing Office: Palomar Property Services.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.