238 E 15th Ave, Escondido, CA 92025

$1,850,000

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List Price
$1,850,000
Status
ACTIVE
MLS#
260004807SD
Days on Market
148
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

Presenting a well-maintained 5-unit multifamily property, each unit offering 2 bedrooms with thoughtful updates throughout — including modern flooring, fresh paint, and renovated kitchens and bathrooms. Every unit features in-unit washer/dryer hookups and private yard space, adding a level of comfort and convenience that tenants value. The property includes five garages — two 2-car garages and three single-car garages — providing ample parking and potential for additional rental income. Situated on an expansive 16,000+ square foot lot, there is meaningful upside through a potential ADU addition, making this an attractive opportunity for investors looking to grow cash flow.

Additional Information

Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Attached Structure
Detached
Number Of Units Total
5
Gross Scheduled Income
$142,656
Operating Expense
46210

Listing courtesy of Listing Agent: Anthony Burman (apartmentanton@gmail.com) from Listing Office: PROPR Real Estate Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.