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$1,599,000
Est. payment /mo
9 Beds
5 Baths
0.71 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Southeast Escondido
MLS Listing ID 260015837
Bedrooms 9
Full Baths 5
Year Built 1956
Lot Size 0.710 Acres
Property Sub-Type Res Income 2-4 Units
Property Type Res Income 2-4 Units
Property Description
401-07 Idaho Ave is a turnkey 4-unit multifamily asset sitting on a rare 0.7-acre lot in one of San Diego's most resilient and sought-after North County rental submarkets. The property features a highly desirable unit mix consisting of (1) 3-bed / 2-bath, (1) 3-bed / 1-bath, (1) 2-bed / 1-bath, and a (1) 1-bed / 1-bath. Each unit is outfitted with premium finishes, new stainless steel appliances, and in-unit washer/dryers, designed to appeal to high-quality tenants and command top-of-market rents. The asset is further enhanced with upgraded electrical, new roofs, and plumbing, dramatically minimizing long-term risk and capex making this a secure long-term investment. Positioned in a high-demand, high-rent-growth corridor, 401-07 Idaho Ave offers investors an upgraded, low-maintenance property with exceptional design, modern construction quality, and strong in-place income. With continued appreciation potential and minimal capital improvement needs, this is a rare opportunity to acquire a stabilized asset in a core San Diego location.
Location
State CA
County San Diego
Area North County
Zoning R-1-6
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 234-390-68-00
Acceptable Financing Conventional
Listing Terms Conventional
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Listed by Dylan C. Ackley, DRE#02139234 Landmark Multifamily and Devel
Nearby School & Business
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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