10344 Jesmond Drive

Escondido, CA 92026

$1,325,000
Price
4
Beds
1,891 Sq. Ft.
$701 / Sq. Ft.
1,891
Sq. Ft.
$701
per Sq. Ft.

Description

Nestled on a peaceful hillside in North Escondido, this gorgeous single-story property offers beautiful sunrise and sunset country views! With three separate units in the main house, and additional RV hookups on the back lot, the income potential is a tremendous opportunity for investors. This property boasts THREE separate parcels and legal lots, providing flexibility for future building or expansion: Jesmond Drive AP# 187-151-53 is Approx 13068 sq ft, Poe Street AP# 187-151-52 is Approx 5663 sq...Nestled on a peaceful hillside in North Escondido, this gorgeous single-story property offers beautiful sunrise and sunset country views! With three separate units in the main house, and additional RV hookups on the back lot, the income potential is a tremendous opportunity for investors. This property boasts THREE separate parcels and legal lots, providing flexibility for future building or expansion: Jesmond Drive AP# 187-151-53 is Approx 13068 sq ft, Poe Street AP# 187-151-52 is Approx 5663 sq ft, Hillcrest AP# 187-151-79 is Approx 9583 sq ft. Main Home Features: 2 Bedrooms, 1 Bath with original hardwood floors and charming V-groove wood ceilings. Recently remodeled kitchen featuring quartz countertops, cherry wood cabinetry, stainless steel appliances, and a propane range with a stylish glass tile backsplash. Bright and airy open-concept layout with a large living/family room, and full-size dining area with a cozy wood-burning stove and a decorative stone fireplace wall. Income-Generating ADUs: Unit 2- 1-bedroom, 1-bath with upgraded laminate flooring, a remodeled kitchenette, and bath, accessible through a private entrance. Unit 3- 1 bedroom, 1 bath with its own private entrance, kitchenette, and sliding glass door to private deck off of the bedroom. All three units have ample private decking at each entrance and beyond. Outdoor and Property Highlights: RV enthusiasts rejoice! Full RV hookups and ample space for boats, work trucks, ATVs, and extra vehicles. Stamped concrete driveway and multiple storage solutions, including a large workshop, detached garage, and Tuff shed. Lush grounds with mature landscaping, a variety of fruit trees, and a spacious outdoor patio perfect for entertaining or relaxing under the stars. Additional Perks: NO HOA – saving you thousands annually. Easy access to I-15, yet tucked away in a quiet, rural setting close to all the conveniences of North Escondido. The beauty and charm of this property added with the three large and useable lots make this multi-unit package an investor's dream.
  1. Listed by Damon Parker • DRE #02203187 • Brokerage DRE #02187306 • eXp Realty of Southern CA

Property Details for 10344 Jesmond Drive

Parking Spaces Total
1
Private Pool
No
Total Units
3.0
Building Type
Attached
Lot Size Source
Public Records
Living Area
1891
Assessor Parcel Number
187-151-53-00
Property Attached YN
true
LISTING UPDATED: 11/21/2024 05:15 AM

Property Details for 10344 Jesmond Drive

StatusActive
MLS #NDP2410113
Days on Market13
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1969
Lot Size0.65 AC / 28,314 SF
CountySan Diego County

Building Information for 10344 Jesmond Drive

Stories1Residences-Year Built1969Building Size-Lot Size0.65 AC / 28,314 SF

Property Information for 10344 Jesmond Drive

Income / Expense / Tax Details
Income Details
  • Gross Income: $96,000
  • Gross Scheduled Income: $96,000
  • Vacancy Allowance: 2
  • Net Operating Income: $72,000
  • Cap Rate: 5.3
Expense Details
  • Operating Expense: $24,000
  • New Taxes Expense: $10,500
  • Fuel Expense: $1,400
  • Electric Expense: $7,200
  • Insurance Expense: $4,000
  • Trash Expense: $900
  • Water Sewer Expense: $1,100
  • Total Expenses: $25,000
Tax / Assessment Info
  • Tax Tract Number: 1997
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: Lot 1&2
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Rural, Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, In Garage, Washer Hookup
  • Fireplace Features: Family Room, Wood Burning, Wood Stove Insert
  • Fireplace Rooms: Family Room, Wood Stove Insert
  • Heating Type: Propane Gas
  • Heat Source: Propane
  • Heating: Fireplace(s), Propane
  • Heat Equipment: Fireplace
  • Flooring: Carpet, Vinyl, Wood
Exterior Features
  • Exterior Features: Balcony
  • Roof: Flat
  • Entry Location: N
  • Fence: Yes
  • Fence: Chain Link, Wood
  • Fencing: Chain Link, Wood
  • Foundation Details: Raised
  • Other Structures: Outbuilding
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Additional Parcels Description: 1871517900 and 1871515200 Listing Includes three total Lots. Building on front Jesmond Lot two additional legal lot on Poe Street Lot three on Hillcrest
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Sewer: Conventional Septic
  • Sewer/Septic: Septic Installed
Parking Info
  • Garage Spaces: 1
  • Parking: Yes
  • Parking Garage: Driveway, Garage - 1 Car, RV Hook-Ups
  • Parking Garage Spaces: 1
  • Carport Spaces: 0
  • Parking Features: Detached Carport, Driveway, Garage - Single Door, RV Hook-Ups
Unit Information
Unit 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,800
  • Unit Type Total Rent: $2,800
  • Unit Type Pro Forma: 2800
  • Unit Type Type: 1
Unit 2
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,975
  • Unit Type Total Rent: $1,975
  • Unit Type Pro Forma: 1975
  • Unit Type Type: 2
Unit 3
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,050
  • Unit Type Total Rent: $2,050
  • Unit Type Pro Forma: 2050
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 1
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 1
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Number With Patio: 3
  • Number Wall AC: 3

Property History for 10344 Jesmond Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 10344 Jesmond Drive

Taxable ValueLand$499,392Additions$260,100Total$759,492
Tax Record2024$9,750 ($812 / month)
Home Facts
Total Finished SqFt1,891 SqFtAbove Grade Finished SqFt1,891 SqFtLot Size12,790 SqFtStyleMulti-Family Dwelling (2-4)Year Built1969ZoningR-1:SINGLE FACountySAN DIEGOAPN187-151-53-00

Schools near 10344 Jesmond Drive

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
Reidy Creek Elementary School
PublicK to 5

Rincon Middle School
Public6 to 8

Escondido 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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10344 Jesmond Drive is a multi-family home for sale in Escondido, CA 92026. This property was listed for sale on November 17, 2024 by eXp Realty of Southern CA, it's currently listed at $1,325,000. It has been on the market for a total of 13 days and was last sold on December 3, 2021. This listing's school districts are Escondido Union School District, Escondido Union High School District. Nearby schools include Reidy Creek Elementary School, Rincon Middle School and Escondido High School. 10344 Jesmond Drive is a 4-bed, 0-bath, 1,891 sqft multi-family home built in 1969.

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Listing Courtesy of eXp Realty of Southern CA, Damon Parker, DRE #02203187

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