1130 E Lincoln Ave

    Escondido, CA 92026
    • $1,699,000
    • STATUS: ACTIVE
    • ON SITE: 81 days
    • ID#: 180054314
    UPDATED: 38 min ago
    $1,699,000
    • 11
      BEDS
    • 2
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    INVESTOR'S DREAM! Zoned R-1(6) can be subdivided into (up to) 14 lots. As it stands there are 5 occupied rental units. The entire 2 acre parcel is flat and ready for use with all utilities hooked up. BEST USE: This property is an especially good investment opportunity for developers and/or someone looking to subdivide into (up to) 14 x 6,000 ft2 lots and build new homes for resale. It does have 3 dwellings currently on the property with a total of 5 individual units.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2018 San Diego MLS, Inc. Licensed in the state of California.
    www.impactca.com/homes/88002307

    1130 E Lincoln Ave Escondido, CA 92026

    • Price: $1,699,000
    • Status: ACTIVE
    • Updated: 38 min ago
    • ID#: 180054314
    11
    Beds
    5
    Baths
    0
    ½ Baths
    2
    Acres
    Neighborhood:
    Escondido (92026)
    County:
    San Diego
    Area:
    Escondido (92026)
    Property Description
    INVESTOR'S DREAM! Zoned R-1(6) can be subdivided into (up to) 14 lots. As it stands there are 5 occupied rental units. The entire 2 acre parcel is flat and ready for use with all utilities hooked up. BEST USE: This property is an especially good investment opportunity for developers and/or someone looking to subdivide into (up to) 14 x 6,000 ft2 lots and build new homes for resale. It does have 3 dwellings currently on the property with a total of 5 individual units.
    Exterior Features

    Carports 0 Construction Stucco Exterior No Landscaping Parking Other/Remarks Parking Spaces Total 16 Roof CompositionOther/Remarks Units With Garages 0

    Interior Features

    Cooling None Floor Coverings Other/Remarks Heating Central Forced Air Gas Laundry Owned Sq Ft Of Improvement 5044 Stories 1 Story

    Property Features

    Actual Gross Scheduled Income 95400 Actual Operating Expense 7800 Assumable Finance 0 Buildings 3 Complex Features Other/Remarks Existing Financing ClearOther/Remarks Financial Information Source Limited InfoOwnerOther/Remarks Gross Equity 1300000 Gross Multiplier 1850000 Have N/A Mandatory Remarks None Known Market Area North County Monthly Rent Total 7850 Motive Want Sell Special Other/Remarks Sq Ft Source Buyer To Verify Terms CashOther/Remarks Unit Number1 1 Unit Number2 1 Unit Number3 1 Unit Number4 1 Unit Number5 1 Unit Rent Total1 1550 Unit Rent Total2 1550 Unit Rent Total3 1650 Unit Rent Total4 1650 Unit Rent Total5 1550 Unit Type DuplexFree StandingOther/Remarks Zoning R-1(6)

    Listing provided courtesy of Windermere Homes & Estates. Listing information © 2018 San Diego MLS, Inc.
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2018 San Diego MLS, Inc. Licensed in the state of California.
     
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