Property Detail

Description

Built in 2025, this modern fourplex features 4 fully leased 2 bed, 2 bath units across 2 separate buildings on a spacious lot. These upgraded units have 9' and 10' ceilings, Milgard windows, recessed lighting with skylights, central A/C, stainless steel appliances, in-unit full laundry, tankless water heaters and individual, outdoor private storage. Upstairs units enjoy large balconies off the back, while ground floor units have covered patios that open to the backyard. The property includes 8 parking spaces, with 4 covered steel carports. Utilities are separately metered for gas and electric with water sub-metered to each building for added efficiency. Centrally located near Downtown Escondido with local attractions such as San Diego Zoo Safari Park, breweries, wineries, restaurants, shopping and more. Approved ADU plans for a 5th unit can be provided, offering extra potential rental income. This is an excellent opportunity for investors seeking strong cash flow on a low-maintenance asset!