Lincoln Homes

402 West Lincoln Avenue | Escondido | CA | 92026


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Confidentiality Agreement

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Agreement

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Property Highlights

    • 2008 Construction in a quiet, residential Escondido neighborhood
    • Four (4), three-bedroom/two bath single-family homes
    • Unit square feet range from 1,440 to 1,600
    • Units include A/C and heat, balconies and private yards
    • Interior's off er high-end kitchen and bathroom packages with granite countertops, stainless-steel appliances and 9-ft high ceilings
    • Turnkey with garages and washer and dryer hookups in each home
    • Possibility to lease out individually as furnished Airbnb rentals

Property Details

  • Price: $ 2,150,000
  • Price Per Unit: $ 537,500.00
  • Units: 4
  • Transaction Type: For Sale
  • Property Type: Multi-Family
  • Building Size: 5,760 SF
  • Cap Rate: 5.0%
  • Availability: Sold

Property Description

Welcome to the Lincoln Homes community! Built in 2008, this boutique property boasts high-end living in the highly coveted submarket of Escondido, CA. Nestled amidst the beautiful garden-style setting, the multi-story community features four distinct residences, offering a perfect blend of privacy and exclusivity.

Step inside to discover a collection of four (4), stunning three-bedroom/two-bathroom homes ranging in size from 1,440 to 1,600 square feet. Each residence is thoughtfully designed to offer a premium living experience, complete with upgraded finishes and modern features.

Enjoy a host of upscale amenities, including custom cabinets, granite countertops, stainless steel appliances, upgraded flooring, washer and dryer hookups in each home, central air and heating, 9-foot ceilings, and a private patio or balcony area. The common areas are designed to promote a sense of community and provide residents with multiple spaces to relax and unwind.

With direct access to the I-15 and SR-78 freeways, Lincoln Homes provides easy connectivity to all major job centers in San Diego. Residents can enjoy close proximity to an array of conveniences, ensuring a seamless living experience. Additionally, each home comes with an attached two-car garage and a private backyard, providing ample space for your vehicles and outdoor activities.

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3D Tour

Offering Memorandum

Financial Summary

Investment Highlights

Price $2,150,000.00
Price / Unit $537,500.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $2,150,000.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %

Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

$ 0.00

$ 0.00