Listing provided courtesy of Cody Evans of South Coast Commercial, Inc.. Last updated 2024-11-06 10:14:25.000000. Listing information © 2024 Sandicor.
Asking Price: $1,399,000
355 Lansing Circle, Escondido CA 92025
Community: Escondido
This Res Income 2-4 Units property was built in 1964 and is priced at $1,399,000. Please see the additional details below.
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.
