136 E 5th Ave - Apartments FOR SALE


Escondido, CA 92025
$1,089,000 USD
858-336-9688
136 E 5th Ave, Escondido, CA for Sale
$1,089,000 USD
Apartments - FOR SALE
1/30
null | 5.2% Cap Rate

136 E 5th Ave
Escondido, CA 92025


HIGHLIGHTS

  • Spacious 3-bedroom, 2-bathroom unit, ideal for families or larger households, along with two studio units
  • Renovated in 2024, all units boast updated finishes and are currently achieving market-level rents
  • The expansive yard space provides endless possibilities for outdoor enjoyment, gardening, or even potential future enhancements

OVERVIEW

Discover an exceptional investment opportunity in the heart of Escondido, California! This fully renovated three-unit property offers a perfect blend of modern convenience, excellent rental income, and abundant outdoor space, making it a standout choice for investors or owner-occupants alike. The property features a spacious 3-bedroom, 2-bathroom unit, ideal for families or larger households, along with two studio units that cater perfectly to singles or couples. Renovated in 2024, all units boast updated finishes and are currently achieving market-level rents. The expansive yard space provides endless possibilities for outdoor enjoyment, gardening, or even potential future enhancements. With its modern upgrades and versatile living arrangements, this property is truly a rare find in Escondido.

FOR SALE DETAILS

PRICE

$1,089,000 USD

PRICE/SF

$542 USD /SF

# OF UNITS

3

PRICE/UNIT

$363,000

CAP RATE

5.2%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

136 E 5th Ave

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1945

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,230 SF

ZONING

R-4 Multiple Residential

APN/PARCEL ID

233-172-11

ASK ABOUT THIS PROPERTY

Jason LeeJLM Real Estate Inc.More Info
858-336-9688

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Jason LeeJLM Real Estate Inc.More Info
858-336-9688

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.