752 W 9th Ave 4 Unit Apartment Building $2,395,623 CAD ($598,906 CAD/Unit) 6.26% Cap Rate Escondido, CA 92025

We're pleased to present 752 W 9th Ave, Escondido. The subject property consists of four (4) total units; two (2) ground up new construction structures comprising of 2 - 3bed/2bath units and a 2bed/1bath with a completely remodeled detached 1bed/1bath at the rear of the lot. The units have spacious floorplans with high ceilings, washer/dryers in unit, mini-splits, brand new appliances, recessed lighting and high end finishes. The 2nd story 2bed/1ba has a spacious front deck with mountain views and the 3bed/2ba a spacious front yard for the tenants and guests to enjoy. No expense was spared on this build and that is reflected in the quality of both the interiors and exteriors of the units. This is a turn key asset that would make a great investment opportunity for a buyer seeking a strong cash-flowing property with little to no maintenance needed over the coming years and/or an owner/user that can occupy a unit and supplement the rental income from the other three units to pay the mortgage.
The property is well located a few minutes from the freeway within close proximity to major employment hubs off Centre City Parkway. The region is quickly gentrifying as a central location with a strong tenant base due to the great schools, places of employment, proximity to city transit and restaurant/entertainment venues.
Please do not walk on property or disturb tenants. Please contact agent Cameron Ebrahimi for showing instructions.