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Property Description

938 North Fig is an extensively renovated 14 Unit, 100% 3BR/2.5BA Townhome project with attached garages & private yards/patios located in Escondido, CA – North County San Diego. The property was originally built in 1991 and boasts large floorplans, central AC & Heat, large back patios, pitched tile roofs, concrete driveway and low maintenance landscaping. The property has undergone recent comprehensive upgrades and is fully rented and stabilized with attractive current and market cap rates. Extensively Renovated in 2022 & 2023. Newer 1991 Construction. Large Townhomes. Priced $163k/unit below median for sale 3BR homes/townhomes/condos (+/- 1,440 SF Avg) within 0.5 miles of the property. All new full size in-unit washer/dryers 100% large 2-story 3BR units | Less than 6% of all rental stock in San Diego County are 3BR’s. Attached 1 & 2-car garages & Private yards / patios. 2.2% vacancy rate for 3BR’s in city of Escondido. Please contact listing agent for details and Offering Memorandum.

Additional Information
David Santistevan
0
SAND-677892
SAND-5244
Corey
23001085; 23001086

Commercial Sale For Sale

938 Fig, Escondido, California 92026

$7,995,000
Listing ID #240007524SD
Basic Details
Status : Active
DaysOnMarket : 1
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 240007524SD
Price : $7,995,000
Country : US
State : California
County : San Diego
City : Escondido
Zipcode : 92026
ModificationTimestamp : 2024-04-09 12:54:56
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