204 Clark St

Escondido, CA 92025

$6,900,000
Last Sold Price
6
Beds
6
Baths
18,300 Sq. Ft.
$377 / Sq. Ft.
18,300
Sq. Ft.
$377
per Sq. Ft.
Sold 11/28/23
Sold 11/28/23
a view of wooden house with large windows and flower plants
a street sign on the side of a building
a front view of a house with parking space
a front view of a house with balcony
a view of a street with sitting area

Description

Clark Terraces Apartments is strategically located in the core business area of Escondido and walking distance to abundant retail. The highly renovated property is comprised of 20 units including 16 2bd/2ba units and four (4) 1bd/1ba units. Originally constructed in 1986, the subject features desirable architecture and quality construction including pitched roofs, central air conditioning, double sink vanities in the 2-bd/2ba units, full security complex with fencing and electronic gates and an ample...Clark Terraces Apartments is strategically located in the core business area of Escondido and walking distance to abundant retail. The highly renovated property is comprised of 20 units including 16 2bd/2ba units and four (4) 1bd/1ba units. Originally constructed in 1986, the subject features desirable architecture and quality construction including pitched roofs, central air conditioning, double sink vanities in the 2-bd/2ba units, full security complex with fencing and electronic gates and an ample parking ratio of two spaces per unit. Clark Terrace Apartments was extensively remodeled beginning in 2022 with a new roof, rebuilt decks, mostly new exterior windows, resurfaced parking lot and hardscape, new paint and drought tolerant landscaping. Interior renovations were completed in 13 of the 20 units at a cost of $50,000/ unit. With an impressive walk score of 94, the property is just one-block from Grape Day Park and Escondido's City Hall and Civic Center. The location is enhanced by the walkability to convenient retail including Northgate Market, Food 4 Less, Stater Bros Markets, Walgreen's and Starbucks to name a few. Residents have easy access to Interstate 15 and the 78 Freeway. This offering is perfect for the long term investor seeking a pride of ownership asset with low maintenance and a strong cash flow.
  1. Listed by Eric D Comer • DRE #00842230 • Eric D. Comer, Broker
    P: (858)-369-3083 C: (858)-369-3084 eric.comer@kidder.com

Property Details for 204 Clark Street

Parking Garage
Carports, Spaces
Area Zip
ESCONDIDO (92025)
Standard Status
Closed
LISTING UPDATED: 07/03/2025 01:07 AM

Property Details for 204 Clark Street

StatusSold
MLS #230012280
Days on Market6
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial-Res Income / Com-Res Income
Year Built-
Lot Size0.71 AC / 30,927 SF
CountySan Diego County

Location

Listing Courtesy of Eric D. Comer, Broker, Eric D Comer, DRE #00842230

Sold By Eric D. Comer, Broker, Eric D Comer, DRE #00842230

Add your commute

Building Information for 204 Clark Street

Stories2Residences20Year Built-Building Size-Lot Size0.71 AC / 30,927 SF

Payment Calculator

$40,239 per month

30 year fixed, 6.15% Interest

Principal and Interest

$33,629

Property Taxes

$6,610

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 204 Clark Street

Summary
Location and General Information
  • Coordinates: -117.081941, 33.126043
  • Latitude: 33.126043
  • Longitude: -117.081941
  • MLS Area Major: North County
Parking
  • Parking Features: Carports, Spaces
  • Parking Total: 40.0
Property
Lot Information
  • Building Area Total: 18300.0
  • Building Area Units: Sqft
  • Living Area: 18300
  • Living Area Units: Sqft
  • Lot Size Area: 0.71
  • Lot Size Units: Acres
  • Lot Size:
  • Building Area Source: Owner
Property and Assessments
  • Property Sub Type: Com-Res Income
  • Property Type: Residential Income
  • Existing Financing: Other/Remarks
  • Year Built: 0
  • Assumable Finance: 3849000.0
Interior and Exterior Features
Exterior Features
  • Structure Type: Apartment
  • Construction Materials: Fully Landscaped, Metal Fence
  • Roof: Composition
  • Number Of Buildings: 3
Interior Features
  • Bathrooms Half: 0
  • Stories: 2
  • Cooling: Central Forced Air Elec
  • Heating: Central Forced Air Elec
  • Bedrooms Count: 6
  • Baths Total: 6.0
Multi Family
Income & Expenses
  • Operating Expense: $335,185
  • Proj Gross Multiplier: 12.6
  • Gross Scheduled Income: $522,420
Multi Family Information
  • Unit Rent1: 1502
  • Unit Rent2: 1995
  • Unit Rent3: 1866
  • Unit Rent4: 2464
  • Num of Units1: 3
  • Num of Units2: 1
  • Num of Units3: 4
  • Num of Units4: 15
  • Unit Rent Total1: $4,505
  • Unit Rent Total2: $1,995
  • Unit Rent Total3: $7,462
  • Unit Rent Total4: $29,573
  • Number Of Units Total: 20

Property History for 204 Clark Street

DateEvent & SourcePriceAppreciation
Nov 28, 2023

Sold

SDMLS #230012280

$6,900,000—
Nov 14, 2023

Sold (Public Record)

Public Record #1522520264

$2,991,500

+6.2% / yr

Jul 3, 2023

Pending

SDMLS #230012280

—
Jun 27, 2023

Listed (Active)

SDMLS #230012280

$7,200,000—
Nov 21, 2017

Sold (Public Record)

Public Record #615478772

$2,082,500

-0.9% / yr

Apr 11, 2008

Sold (Public Record)

Public Record #235199349

$2,269,000—
Mar 11, 2007

Expired

SDMLS #66078368

—
Sep 11, 2006

Listed (Active)

SDMLS #66078368

$2,550,000—
Feb 23, 2006

Withdrawn

SDMLS #56088818

—
Dec 13, 2005

Listed (Active)

SDMLS #56088818

$3,900,000—
DateEvent & SourcePrice
11/28/2023

Sold

SDMLS #230012280

$6,900,000
11/14/2023

Sold (Public Record)

Public Record #1522520264

$2,991,500

+6.2% / yr

07/03/2023

Pending

SDMLS #230012280

—
06/27/2023

Listed (Active)

SDMLS #230012280

$7,200,000
11/21/2017

Sold (Public Record)

Public Record #615478772

$2,082,500

-0.9% / yr

04/11/2008

Sold (Public Record)

Public Record #235199349

$2,269,000
03/11/2007

Expired

SDMLS #66078368

—
09/11/2006

Listed (Active)

SDMLS #66078368

$2,550,000
02/23/2006

Withdrawn

SDMLS #56088818

—
12/13/2005

Listed (Active)

SDMLS #56088818

$3,900,000

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

Public Records for 204 Clark Street

Taxable ValueLand$3,060,000Additions$3,886,710Total$6,946,710
Tax Record2025$79,323 ($6,610 / month)
Home Facts
Total Finished SqFt17,568 SqFtAbove Grade Finished SqFt17,568 SqFtLot Size30,927 SqFtStyleMulti-Family Res (5+ Units)Year Built1986ZoningR-4:MULTIPLECountySAN DIEGOAPN229-301-24-00

Schools near 204 Clark Street

This home is within Escondido Union School District.
Rating
School
Type
Grades
Distance
Central Elementary School
Public - K to 5
Del Dios Middle School
Public - 6 to 8
Escondido High School
Public - 9 to 12
Classical Academy High School
Charter - 9 to 12
Rating
School
Distance
Central Elementary School
PublicK to 5

Del Dios 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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Listing Courtesy of Eric D. Comer, Broker, Eric D Comer, DRE #00842230

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