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.
Property Details
Price:
$1,399,000
MLS #:
240026078SD
Status:
Active
Baths:
0
Address:
355 Lansing Circle
Type:
Residential Income
Subdivision:
South Escondido
Neighborhood:
92025escondido
City:
Escondido
Listed Date:
Nov 4, 2024
State:
CA
ZIP:
92025
Lot Size:
8,313 sqft / 0.19 acres (approx)
Year Built:
1964
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Schools
Interior
Cooling
None
Exterior
Fencing
None
Parking Spots
0.00
Roof
Composition
Stories Total
1
Financial
Association Fee
0.00
Tenant Pays
Cable T V, Electricity, Gas
Map
Community
- Address355 Lansing Circle Escondido CA
- Area92025 – Escondido
- SubdivisionSouth Escondido
- CityEscondido
- CountySan Diego
- Zip Code92025
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Courtesy of South Coast Commercial, Inc.. 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.
355 Lansing Circle
Escondido, CA
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