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    1312 S Juniper Street

    Escondido, CA 92925
    • $2,850,000
    • STATUS: Active Under Contract
    • ON SITE: 115 days
    • ID#: PW20106662
    Under Contract
    $2,850,000
    • 0
      BEDS
    • 0.86
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,483
      SQFT
    • $301
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    We are pleased to present the beautiful single story Juniper Village apartments. Sitting on 3 parcels of land with a half acre dedicated to the tenants community area and being majority two bedroom units, this property offers tenants a home like feel. The property boasts an abundance amount of cashflow with RUBS implemented and strong rents. Located minutes from the historic downtown Escondido and the I-15/78 Corridor gives tenants easy access to entertainment and employment. An investor can enjoy owning a extremely well maintained property that still offers a significant amount of upside, but can purchased at over a 5 CAP rate.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-27T00:28:25.74. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or First Team Real Estate. Licensed in the State of California, USA.

    www.theashleycooperteam.com/homes/106509260
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    1312 S Juniper Street Escondido, CA 92925

    • Price: $2,850,000
    • Status: Active Under Contract
    • ID#: PW20106662
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.86
    Acres
    9,483
    SQFT
    $301
    $/SQFT
    1964
    Built
    Neighborhood:
    ESC - Escondido
    County:
    San Diego
    Area:
    ESC - Escondido
    Property Description
    We are pleased to present the beautiful single story Juniper Village apartments. Sitting on 3 parcels of land with a half acre dedicated to the tenants community area and being majority two bedroom units, this property offers tenants a home like feel. The property boasts an abundance amount of cashflow with RUBS implemented and strong rents. Located minutes from the historic downtown Escondido and the I-15/78 Corridor gives tenants easy access to entertainment and employment. An investor can enjoy owning a extremely well maintained property that still offers a significant amount of upside, but can purchased at over a 5 CAP rate.
    Exterior Features

    Carport Spaces 5.00 Garage Spaces 5.00 Lot Features Landscaped Lot Size Units Square Feet Parking Total 10.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features Community

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 5.10 Community Features Suburban Country Us Elevation Units Feet Gross Income 218664.00 Gross Multiplier 13.03 Gross Operating Income 212104.00 Gross Scheduled Income 218664.00 Insurance Expense 3319.00 Land Lease YN No Laundry YN Yes Net Operating Income 145021.00 New Construction YN No New Taxes Expense 32894.00 Number Of Separate Electric Meters 10 Number Of Separate Gas Meters 10 Number Of Separate Water Meters 0 Operating Expense 67083.00 Professional Management Expense 0.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 67083.00 Trash Expense 0.00 Vacancy Allowance 6560 Water Sewer Expense 0.00 Water Source Public Year Built Source Public Records Zoning R2

    Listing provided courtesy of Gary Tolfa of Triqor Group


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-27T00:28:25.74. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or First Team Real Estate. Licensed in the State of California, USA.

     
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