1001 South Orange Street

Escondido, CA 92025

$1,050,000
Price
5
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

The property is a 3 unit triplex in a quiet South Escondido neighborhood. There are two1 bedroom 1 bath units and a 3 bedroom 1 bath unit. Each unit has a 1 car garage. The property has a cash on cash cap rate of 4.4% and a projected cap rate of 5.8%. It is approximately 5 minutes from I-15 and a few additional minutes to freeway 78. It is close to downtown Escondido, North County Mall, and the San Marcos Costco, Walmart, and Home Depot. The units are occupied by long term tenants who pay all utilities...The property is a 3 unit triplex in a quiet South Escondido neighborhood. There are two1 bedroom 1 bath units and a 3 bedroom 1 bath unit. Each unit has a 1 car garage. The property has a cash on cash cap rate of 4.4% and a projected cap rate of 5.8%. It is approximately 5 minutes from I-15 and a few additional minutes to freeway 78. It is close to downtown Escondido, North County Mall, and the San Marcos Costco, Walmart, and Home Depot. The units are occupied by long term tenants who pay all utilities except water. The property can only be viewed with an accepted offer which must also include a pre approval loan letter and proof of funds. The Seller will not make any repairs or alterations. Seller to select all services.
  1. Listed by George Gigliotti • DRE #01351963 • Brokerage DRE #01845716 • Century 21 Masters

Property Details for 1001 South Orange Street

Cross Streets
11th Street
Area
Escondido (ESC)
Home owner Dues
$0
HOA Fee Frequency 1
Monthly
HOA Fee 2
$0
HOA Fee Frequency 2
Monthly
Assessor Parcel Number
236-062-06-00
Directions
GPS

Location

Listing Courtesy of Century 21 Masters, George Gigliotti, DRE #01351963
Add your commute
LISTING UPDATED: 05/20/2024 10:26 AM

Property Details for 1001 South Orange Street

StatusPending
MLS #240010376SD
Days on Market3
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1948
Lot Size-
CountySan Diego County

Location

Listing Courtesy of Century 21 Masters, George Gigliotti, DRE #01351963
Add your commute

Building Information for 1001 South Orange Street

Stories1Residences-Year Built1948Building Size-Lot Size-

Payment Calculator

$6,234 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,730

Property Taxes

$504

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1001 South Orange Street

Community / Development
Community / Development
  • Complex Name: None
  • Number Of Units: 3
  • Home owner assessments: None
  • Builders Tract Name: Old Escondido
  • Earth Quake Insurance: 0
Structure Info
Structure Info
  • Number Of Stories: 1
  • View: No
  • Security Features: None
  • Sewer: Sewer Connected
Contract Info
Contract Info
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $46,420.00
  • Gross Scheduled Income: $58,020
  • Cap Rate: 4.40%
  • Gross Rent Multiplier: $18.10
  • Other Income1: $.00
  • Total Annual Expense: 11600
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Land Included: No
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: None
  • Heating Type: Natural Gas
Exterior Features
Exterior Features
  • Pool: No
  • Spa: No
  • Fence: Partial
Lease Terms
Lease Terms
  • Listing Terms: Cash, Conventional
  • Tenant Pays: Cable TV, Electricity, Gas/Propane, Hot Water

Property History for 1001 South Orange Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1001 South Orange Street

Taxable ValueLand$329,472Additions$205,916Total$535,388
Tax Record2017$6,043 ($504 / month)
Home Facts
Beds5Above Grade Finished SqFt2,088 SqFtStyleMulti-Family Dwelling (2-4)Year Built1948Year Renovated1948ZoningR3CountySAN DIEGOAPN2360620600

Schools near 1001 South Orange Street

This home is within Escondido Union School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Felicita Elementary School
PublicK to 5

Del Dios Middle School
Public6 to 8

San Pasqual High School
Public9 to 12

Classical Academy High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Century 21 Masters, George Gigliotti, DRE #01351963

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