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7-UNIT prime investment opportunity in the heart of Escondido, a vibrant city known for its rich history, cultural attractions, and scenic surroundings. This 7-unit multi-family property presents an excellent chance for astute investors seeking both stability and growth in their portfolio. Nestled in a desirable neighborhood, this well-maintained multi-family property boasts units that are strategically positioned to optimize privacy while offering residents easy access to local amenities. The property is enhanced by parking for each unit, communal green space, convenient on-site laundry facilities, and limited storage availability. These features contribute to the overall appeal of the property, ensuring tenant satisfaction and retention. The property's strong financial performance and potential for further growth make it a compelling investment option in the Escondido real estate market. Don't miss the chance to add this exceptional 7-unit multi-family property to your investment portfolio. Whether you're a seasoned investor or exploring new opportunities, this property represents a solid foundation for long-term success in the dynamic Escondido real estate market.
938 North Fig is an extensively renovated 14 Unit, 100% 3BR/2.5BA Townhome project with attached garages & private yards/patios located in Escondido, CA North County San Diego. The property was originally built in 1991 and boasts large floorplans, central AC & Heat, large back patios, pitched tile roofs, concrete driveway and low maintenance landscaping. The property has undergone recent comprehensive upgrades and is fully rented and stabilized with attractive current and market cap rates. Extensively Renovated in 2022 & 2023. Newer 1991 Construction. Large Townhomes. Priced $163k/unit below median for sale 3BR homes/townhomes/condos (+/- 1,440 SF Avg) within 0.5 miles of the property. All new full size in-unit washer/dryers 100% large 2-story 3BR units | Less than 6% of all rental stock in San Diego County are 3BRs. Attached 1 & 2-car garages & Private yards / patios. 2.2% vacancy rate for 3BR's in city of Escondido. Please contact listing agent for details and Offering Memorandum.
We are extremely proud to present 512 June Way , a true Turn-Key / Condo Grade 20 Unit investment property located in the heart of downtown El Cajon. This is by far the easiest opportunity for passive income and effortless upside we have seen in a long time. No deferred maintenance and all tenants happily pay on time. The property was completely renovated ( down to the studs ) in 2007 including but not limited to new plumbing and electrical systems, with the intent of condo conversion. Final Condo Map approved and available for new owner to capitalize if desired.
ASSUMABLE FINANCING AVAILABLE, INQUIRE WITH LISTING AGENT. We are pleased to present the Olive Tree Apartments. The Olive Tree Apartments are located at 8858 Olive Lane Santee, CA 92071. This 26-unit apartment community was built in 1979 and sits on a 43,996 square foot lot. The property is comprised of (1) 1bed+1bath unit, & (25) 2bed+2bath units, and 36 surface level parking spaces. The Olive Tree Apartments include a communal BBQ outdoor area, on site laundry, and private balconies or patios for all units. Recent upgrades include but are not limited to a newer roof, parking lot improvements, and outdoor lighting & landscaping. Held long-term by current ownership, the property represents an excellent value add opportunity for astute investors to fix up the units and increase cash flow. The Olive Tree Apartments are less than a mile away from local shopping including Mission Gorge Square Shopping Center, Santee Trolley Square, and Santee Town Shopping Center and Trolley Station. This superb location offers tenants the ability to walk to local shopping, dining, and more. This location also offers easy access to main thoroughfares such as Mission Gorge Road and State Route 52.
We are pleased to present the Olive Tree Apartments. The Olive Tree Apartments are located at 8858 Olive Lane Santee, CA 92071. This 26-unit apartment community was built in 1979 and sits on a 43,996 square foot lot. The property is comprised of (1) 1bed+1bath unit, & (25) 2bed+2bath units, and 36 surface level parking spaces. The Olive Tree Apartments include a communal BBQ outdoor area, on site laundry, and private balconies or patios for all units. Recent upgrades include but are not limited to a newer roof, parking lot improvements, and outdoor lighting & landscaping. Held long-term by current ownership, the property represents an excellent value add opportunity for astute investors to fix up the units and increase cash flow. The Olive Tree Apartments are less than a mile from local shopping including Mission Gorge Square Shopping Center, Santee Trolley Square, and Santee Town Shopping Center and Trolley Station. This superb location offers tenants the ability to walk to local shopping, dining, and more. This location also offers easy access to main thoroughfares such as Mission Gorge Road and State Route 52.
JUST REDUCED! Excellent and rarely available Poway investment or owner user opportunity. Beautiful free-standing two-story building built in 2000. Just under 5,000 sqft with a combination of office space and warehouse space. The property is currently set up to rent individual office space or could be changed to a new owner's business needs. Nicely landscaped, common area restrooms, 14 parking spaces, dumpster area, possible gated storage area, and plenty of additional street parking. Units are individually metered, have their own ac/heat, and rent out very easily. This is a fantastic opportunity to be located in Poway near shopping, business, high density residential, and easy access to the I-15 freeway.
JUST REDUCED! Excellent and rarely available Poway investment or owner user opportunity. Beautiful free-standing two-story building built in 2000. Just under 5,000 sqft with a combination of office space and warehouse space. The property is currently set up to rent individual office space or could be changed to a new owners business needs. Nicely landscaped, common area restrooms, 14 parking spaces, dumpster area, possible gated storage area, and plenty of additional street parking. Units are individually metered, have their own ac/heat, and rent out very easily. This is a fantastic opportunity to be located in Poway near shopping, business, high density residential, and easy access to the I-15 freeway.
This is an exceptional opportunity for those interested in owner user, investment, or development. The property is situated in the heart of downtown Escondido, within the opportunity zone. It offers a retail/flex/office space with a highly visible storefront, featuring a frontage that expands to 64' on W. Washington Ave. New roof with warranty. The front footage can be split into two retail stores. Separate access to upstairs units. Two back door accesses on the first floor. The location is known for its walkability, excellent location rated at 89 with walking score of 93, and transit score of 51. Easy, quick and convenient access to both Hwy 78 and 15. The building has been an owner user property and has great potential.
**ACCEPTING ALL OFFERS BY QUALIFIED BUYERS** TURN KEY OPERATION, ASSET SALE, EXPERIENCE BUYERS ONLY, NO FINANCIALS* Motivated Seller! Prime Car Wash Opportunity with Potential of Additional Income Streams! Discover the perfect investment and untapped potential! This exceptional car wash facility is now available for sale, presenting an incredible opportunity for savvy entrepreneurs. *4 car wash bays equipped to deliver premium cleaning services or can be used for tire services. *High-traffic corner with excellent visibility, perfectly positioned to attract a steady flow of customers. *1500 sqft interior lobby, providing an ideal space for additional income opportunities for a restaurant, cafe or DMV registration. *Transform the lobby into a welcoming space for customers to relax while their vehicles receive top-notch service. *Capitalize on the growing demand for convenient car care services by expanding operating hours or introducing loyalty programs.
SD Elite Speed & Strength, is the ultimate high-performance sports facility poised to elevate athletes and performers to new heights. Located in a central and accessible location, the state-of-the-art facility is equipped with cutting-edge amenities designed to enhance speed and strength for competitive individuals. The meticulously designed space features top-notch speed training zones, indoor speed turf, advanced cardio equipment, and a comprehensive array of free weights and strength-building apparatus, making it a haven for those striving to achieve peak physical performance. At SD Elite Speed & Strength, they take pride in providing a versatile environment that caters to both individual athletes and group training sessions. The expert staff is committed to delivering personalized coaching, ensuring that every participant receives the attention they need to excel. With ample parking available, accessing the facility is convenient for all. The reputation of SD Elite Speed & Strength precedes itself, with a track record of excellence that speaks volumes. As a business with immense growth potential, this facility is a golden opportunity for entrepreneurs looking to make a mark in the competitive world of sports and fitness. Owners will stay on for proper training and transition. Seller Financing available.
**Prime Commercial Land Opportunity in San Diego County** Discover a rare investment opportunity in San Diego County! We present two commercial parcels, each with a potential high cap rate for land development. The FAA has a preliminary approval approved for storage/equipment parking use on these vacant lots, totaling 1.34 acres. **Key Features:** - Parcel 1 (APN 384-410-76-00): 31,798 sq. ft. - Parcel 2 (APN 3385-410-20-00): 26,571 sq. ft. - FAA Preliminary Approval for Storage Use - Gillespie Field Overlay Zone - Light Industrial Zoning - Triple Net Lease Option: $8,500 for both parcels - Individual Parcel Lease Rates: $3,719 (Parcel 1) and $4,451 (Parcel 2) - Convenient Ingress and Egress on West Side (East May be Availble) **Additional Information:** - The adjacent parcel, grandfathered for two single-family residences, may be available for sale. Call the Agent for details and/or to submit an offer. - Located in the Gillespie Field Compatibility Zone, ensuring strategic development. - Check the Gillespie Community Land Use Plan (Page 32), and Gillespie Field Compatibility Plan (Pages 71-72, 107-112) for detailed zoning insights. **Sales Details:** - Total Sales Price: $1,395,000 - Acreage: 1.34 acres (58,369 sq. ft.) **Important Notes:** - No structures can be built under the Gillespie Community Land Use Plan and avigation easement on this particular property. - Verify all information with the FAA, the County of San Diego, and the city of Santee for approvals.
**Prime Commercial Land Opportunity in San Diego County** Discover a rare investment opportunity in San Diego County! We present two commercial parcels, each with a potential high cap rate for land development. The FAA has a preliminary approval approved for storage/equipment parking use on these vacant lots, totaling 1.34 acres. **Key Features:** - Parcel 1 (APN 384-410-76-00): 31,798 sq. ft. - Parcel 2 (APN 3385-410-20-00): 26,571 sq. ft. - FAA Preliminary Approval for Storage Use - Gillespie Field Overlay Zone - Light Industrial Zoning - Triple Net Lease Option: $8,500 for both parcels - Individual Parcel Lease Rates: $3,719 (Parcel 1) and $4,451 (Parcel 2) - Convenient Ingress and Egress on West Side (East May be Availble) **Additional Information:** - The adjacent parcel, grandfathered for two single-family residences, may be available for sale. Call the Agent for details and/or to submit an offer. - Located in the Gillespie Field Compatibility Zone, ensuring strategic development. - Check the Gillespie Community Land Use Plan (Page 32), and Gillespie Field Compatibility Plan (Pages 71-72, 107-112) for detailed zoning insights. **Sales Details:** - Total Sales Price: $1,395,000 - Acreage: 1.34 acres (58,369 sq. ft.) **Important Notes:** - No structures can be built under the Gillespie Community Land Use Plan and avigation easement on this particular property. - Verify all information with the FAA, the County of San Diego, and the city of Santee for approvals.
We are proud to present Merritt Manor, an extremely well-maintained 18-unit apartment complex in one of the nicest areas of El Cajon. The subject property is close to schools, shopping, and transportation. There is an attractive Fannie Mae loan on this property that can be assumed. The interest rate is 3.32%, fully amortized over 30 years, and due in 2027. The current balance on the loan is $2,466,780. With current interest rates averaging 6% or higher, the assumption of the existing loan creates a desirable return on investment. Merritt Manor consists of eight separate one-story buildings, with each unit having private rear yards/patios. Each unit is separately metered for gas and electricity, with individual water heaters and gas appliances. The tenants reimburse the owner for all utilities, including water, sewer, and trash, through a RUBs system. The two front units have attached garages and washer/ dryer hookups, and all the buildings have newer roofs and paint. All the units have wall A/C units. The property has lush, mature trees and landscaping, with plenty of open space between the buildings. The property shows the overall pride of ownership. This property is perfect for a buyer looking for a turnkey investment with some upside in the rents.
Prime location in Fletcher Hills, close to Freeway 125. Three (3) well maintained freestanding buildings on separate parcels. All leased with long term leases that run through 2024, 2025. Tenants pay for all utilities, water, sewer, trash and landscaping services. Easy access to off street parking in rear of buildings. Age of buildings to be verified by buyer, estimated construction of buildings in late 1950's - early 1960. Square footage of each building range from 1080 to 1248 sq ft. Buildings are sold together.
Stand alone 2 unit commercial building. Dont pay rent build equity & impress clientele! Property offers 6 private & 1 semi-private office or work area(s), large reception area, 2 bath, a kitchen/copier area, storage galore, & 35,000+ cars per day. Great signage & parking. Salon? Dentist? Business professional? Doctor's office? Accountant? Or whatever business you have! Take entire building, or keep current tenants at $2,000 per month ($1,000 each), occupying less than 300 sq ft, offering 1,000 sq ft & signage for business. Perfect property for the owner/user wanting to impress clientele! Beautifully remodeled, ready to do business. In area of Fletcher Parkway where most surrounding businesses have upgraded & remodeled buildings, this is one of the standouts! WOW Private conference room & main office & workstations all designed with feng shui harmony. Must see the very functional floorplan. Plenty of parking. Great for clients from all areas of SD with quick access off the 125 FWY from the 8 or 52! 8+ rooms plus two bathrooms and a kitchen. Come see it - too much to tell! One block West of Garfield on Fletcher Parkway north side. Estimated 35,000 cars per day will see your sign! Rent is estimated - owner/user occupies now. Take entire building, or keep current tenants at $2,000 per month ($1,000 each), occupying less than 300 sq ft, offering 1,000 sq ft & signage for business. With monthly income, you can own for less than you'd pay in rent. Likely will bring $3,500-$5,000 per month if leased. Both Units are open now, but could be closed off for privacy. Use one unit as your business & rent the other out!
Stand alone 2 unit commercial building. Don't pay rent - build equity & impress clientele! Property offers 6 private & 1 semi-private office or work area(s), large reception area, 2 bath, a kitchen/copier area, storage galore, & 35,000+ cars per day. Great signage & parking. Salon? Dentist? Business professional? Doctor's office? Accountant? Or whatever business you have! Take entire building, or keep current tenants at $2,000 per month ($1,000 each), occupying less than 300 sq ft, offering 1,000 sq ft & signage for business.