About 251-257 N Cedar Street
Turn-Key 4-Unit Investment Property in East Escondido – Immediate Cash Flow! Discover an incredible investment opportunity with this fully tenant-occupied 4-unit property in desirable East Escondido. Generating nearly $8,000 in monthly rental income, this property offers long-term tenants and a prime location, making it a rare find for savvy investors. This well-maintained building consists of three 2-bedroom, 1-bathroom units located downstairs, and one 2-bedroom, 1-bathroom unit upstairs. The upstairs unit features a private patio, while all tenants enjoy the common fenced yard. The property’s low-maintenance nature ensures a hassle-free investment, offering steady returns for years to come. Situated on a quiet residential street with a Walk Score of 71, the property is ideally located near stores, restaurants, and public transportation, making it a highly desirable place for tenants to call home. This turn-key asset is perfect for investors looking to add a high-performing property to their portfolio. With tenant stability, strong rental income, and a prime location, this investment offers both immediate cash flow and long-term growth potential.
Features of 251-257 N Cedar Street
MLS® # | 240028102 |
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Price | $1,396,500 |
Bedrooms | 8 |
Bathrooms | 4.00 |
Full Baths | 4 |
Year Built | 1963 |
Type | Residential Income |
Sub-Type | Res Income 2-4 Units |
Status | Closed |
Community Information
Address | 251-257 N Cedar Street |
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City | Escondido |
County | San Diego |
State | CA |
Zip Code | 92025 |
Amenities
Amenities | Laundry Facilities |
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Is Waterfront | No |
Has Pool | Yes |
Interior
Cooling | Other/Remarks |
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Fireplace | Yes |
Stories | 2 Story |
Exterior
Roof | Composition |
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Construction | Stucco |
Additional Information
Date Listed | December 6th, 2024 |
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Days on Market | 10 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | SD Residential Property Mgmt |
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