***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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Schools
Interior
Cooling
None
Exterior
Parking Spots
0.00
Roof
Composition
Stories Total
1
Financial
Association Fee
0.00
Tenant Pays
Sewer, Trash Collection, Water, Cable T V, Electricity, Gas
Map
Community
- Address904 Chestnut Street Escondido CA
- Area92025 – Escondido
- SubdivisionEast Escondido
- CityEscondido
- CountySan Diego
- Zip Code92025
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Courtesy of SD Residential Property Mgmt. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
904 Chestnut Street
Escondido, CA
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