904 Chestnut Street
Escondido, CA, 92025
$1,013,250
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0 Baths
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***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

Price:
$1,013,250
MLS #:
240028103SD
Status:
Pending
Baths:
0
Address:
904 Chestnut Street
Type:
Residential Income
Subdivision:
East Escondido
Neighborhood:
92025escondido
City:
Escondido
Listed Date:
Dec 6, 2024
State:
CA
ZIP:
92025
Year Built:
1948
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