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136 E 5th Ave
Escondido, CA 92025

$1,089,000 USD

Apartments For Sale • 2,009 SF

Property Details

Property Type Apartments
Total Building Size 2,009 SF
Lot Size 0.17 AC
Building Class C
Year Built 1945
Cap Rate 5.20 %
Zoning R-4 Multiple Residential

46 Transit Score

89 Walk Score

                
                    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

Financial Summary (Proforma)

Net Operating Income: $56,573 USD (2024)

Cap Rate:	5.20 %
Total Expenses:	$23,743 USD

Public Transportation

Transit/Subway	Drive	Walk	Distance
Escondido Transit Center (Sprinter - San Diego North County Transit District (Coaster/Sprinter/Breeze))	3 min	20 min	1.0 mi
Airport	Drive	Walk	Distance
San Diego International	39 min	-	30.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	4
Type:	Surface
Included in Rent:	Yes

Jason Lee 858-336-9688 JLM Real Estate Inc.

136 E 5th Ave Escondido, CA 92025