251-257 N Cedar Street, Escondido, CA

$1,396,500

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8

Beds

4

Baths

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
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
City Escondido
County San Diego
State CA
Zip Code 92025

Amenities

Amenities Laundry Facilities
Is Waterfront No
Has Pool Yes

Interior

Cooling Other/Remarks
Fireplace Yes
Stories 2 Story

Exterior

Roof Composition
Construction Stucco

Additional Information

Date Listed December 6th, 2024
Days on Market 10
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeSD Residential Property Mgmt

Listing Map

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