385 Lake Drive

Escondido, CA 92029

$1,275,000
Last Sold Price
Beds
2,024 Sq. Ft.
$630 / Sq. Ft.
2,024
Sq. Ft.
$630
per Sq. Ft.

Description

Rare find! Check out this beautifully remodeled 3-unit property in the charming Del Dios neighborhood next to Lake Hodges. It's perfect for an owner-occupant, a short-term rental or a long-term rental. Or, you could create a compound with extended family. Lots of possibilities! Front unit is a 3bed/2ba with new quartz countertops, flooring, new appliances, and much more -- plus THREE garaged parking spaces. Each of the two back units are also newly remodeled 1bedroom/1baths, with bonus rooms. Plus,...Rare find! Check out this beautifully remodeled 3-unit property in the charming Del Dios neighborhood next to Lake Hodges. It's perfect for an owner-occupant, a short-term rental or a long-term rental. Or, you could create a compound with extended family. Lots of possibilities! Front unit is a 3bed/2ba with new quartz countertops, flooring, new appliances, and much more -- plus THREE garaged parking spaces. Each of the two back units are also newly remodeled 1bedroom/1baths, with bonus rooms. Plus, they have their own private patios. Best of all, Seller is offering a 2-point loan rate buydown for offers with favorable price/terms! And, you get the small-town atmosphere of Del Dios, with tons of hiking and biking options at your doorstep -- yet you're still only minutes away from Rancho Santa Fe AND the heart of Escondido. Submit your offer today!
  1. Listed by Sean Hillier • DRE #01872754 • Brokerage DRE #02122566 • Realty Partners Services Inc. • seanhillier62@gmail.com

Property Details for 385 Lake Drive

Parking Spaces Total
3
Private Pool
No
Total Units
3.0
Building Type
Attached
Lot Size Source
Public Records
Living Area
2024
Assessor Parcel Number
270-086-03-00
Property Attached YN
true
LISTING UPDATED: 11/01/2024 05:03 AM

Property Details for 385 Lake Drive

StatusClosed
MLS #PTP2405731
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1929
Lot Size0.12 AC / 5,254 SF
CountySan Diego County

Building Information for 385 Lake Drive

Stories2Residences-Year Built1929Building Size-Lot Size0.12 AC / 5,254 SF

Property Information for 385 Lake Drive

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $7,950
  • Net Operating Income: $0
  • Cap Rate: 15.1
Expense Details
  • Operating Expense: $0
  • New Taxes Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 204.01
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 74004
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Horse Trails, Mountainous, Valley, Fishing, Hiking, Lake
  • Complex Features: Horse Trails
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Heating Type: Propane Gas
  • Heat Source: Propane
  • Heating: Propane
Exterior Features
  • Entry Location: Front door
  • Fence: No
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Rectangular Lot, Park Nearby, Yard
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
Parking Info
  • Garage Spaces: 3
  • Parking: No
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
Unit Information
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 385 Lake 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 385 Lake Drive

Taxable ValueLand$700,000Additions$160,000Total$860,000
Tax Record2024$9,883 ($824 / month)
Home Facts
Total Finished SqFt2,024 SqFtAbove Grade Finished SqFt2,024 SqFtLot Size5,254 SqFtStyleMulti-Family Dwelling (2-4)Year Built1929ZoningR-1:SINGLE FACountySAN DIEGOAPN270-086-03-00

Schools near 385 Lake 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
Public - 9 to 12
Rating
School
Distance
Bernardo Elementary School
PublicK to 5

Bear Valley Middle School
Public6 to 8

San Pasqual High School
Public9 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.

Similar Homes

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Similar Sold Homes

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Listing Courtesy of Realty Partners Services Inc., Sean Hillier, DRE #01872754

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