Introducing a prime investment opportunity in the heart of Escondido, San Diego County. This 5-unit rental property offers a robust income potential with a gross rent of $14,500. The property features a diverse mix of units, including 2 spacious 3-bedroom homes, a charming 2-bedroom, 1-bath house at the rear, and two newly constructed ADUs, catering to the increasing demand for flexible living spaces.
Currently, the front house and both studios are generating solid rental income, with the house commanding $4,100, Studio #1 at $2,000, and Studio #2 at $1,695, reflecting the strong rental market in the area.
Nestled in close proximity to the historical downtown Escondido, this property offers the allure of a vibrant community and the convenience of urban amenities. With its strategic location and solid cash return, this investment opportunity presents a compelling prospect in the thriving Escondido rental market.