Residential Income For Sale – – – – Price $1,399,000 – 240026078
Property Description

Large 2 bedroom/1 bath units in a rapidly gentrifying, quiet, unique HOA community of sixteen 4-plexes. All the units were rehabbed over the last few years. Tenants move in and almost never leave. Upside on the rents. Four large single car garages. Potential to turn one or more of the garages into ADU. (Already happening in the neighborhood). The building has its own laundry room with coin operated washer/dryer. Additional storage room for owner. The HOA pays for common area landscape/maintenance, trash, and an onsite manager. Located in an opportunity zone. Property can be purchased individually or with another 4-plex at 340 Lansing Circle. Buyer to cooperate with sellers 1031 exchange.

Features
: 1 story
Address Map
US
California
San Diego
Escondido
92025
Lansing Circle
355
W118° 55' 14.7''
N33° 7' 36.1''
Neighborhood
Neighborhood
Additional Information
1
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Cody
Evans
South Coast Commercial, Inc.
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7,500-10,889 sf
Escondido
South escondido
Fallbrook union elementary distr
: N/k
Fallbrook union elementary distr
Fallbrook union high school dist
1

Residential Income For Sale

355 Lansing Circle, Escondido, California 92025

8,313 Sqft
$1,399,000
Listing ID #240026078
Basic Details
Property Description :

Large 2 bedroom/1 bath units in a rapidly gentrifying, quiet, unique HOA community of sixteen 4-plexes. All the units were rehabbed over the last few years. Tenants move in and almost never leave. Upside on the rents. Four large single car garages. Potential to turn one or more of the garages into ADU. (Already happening in the neighborhood). The building has its own laundry room with coin operated washer/dryer. Additional storage room for owner. The HOA pays for common area landscape/maintenance, trash, and an onsite manager. Located in an opportunity zone. Property can be purchased individually or with another 4-plex at 340 Lansing Circle. Buyer to cooperate with sellers 1031 exchange.

Status : Active
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 240026078
Price : $1,399,000
Year Built : 1964
Lot Sq Ft : 8,313 Sqft
Style : Res income 2-4 units
Unit 1 # Bedrooms : 2
Unit 2 # Bedrooms : 2
Unit 3 # Bedrooms : 2
Unit 4 # Bedrooms : 2
Unit 1 # Total Baths : 1
Unit 2 # Total Baths : 1
Unit 3 # Total Baths : 1
Unit 4 # Total Baths : 1
Unit 1 # of Full Baths : 1
Unit 2 # of Full Baths : 1
Unit 3 # of Full Baths : 1
Unit 4 # of Full Baths : 1
Unit 1 Estimated SqFt : 875 Sqft
Unit 2 Estimated SqFt : 875 Sqft
Unit 3 Estimated SqFt : 875 Sqft
Unit 4 Estimated SqFt : 875 Sqft
Agent info
Berkshire Hathaway HomeServices California Properties
6027 Paseo Delicias, Rancho Santa Fe, CA 92067
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