The Boulevard

| | |


×

Confidentiality Agreement

Confidentiality agreement sub heading

Auto Signature Draw Signature
I have read and agree to the Confidentiality Agreement

Agreement

property galery image property galery image property galery image property galery image

Property Highlights

    • Mixed-use property: Built in 1953, featuring 5 apartment units and 2 retail units across 6,692 sq. ft.
    • Large parcel: Situated on a 14,206 sq. ft. lot with three separate structures.
    • RUBS income: Currently collecting additional revenue through a Ratio Utility Billing System (RUBS).
    • Income potential: Immediate opportunities to generate additional revenue from laundry and garage rentals.
    • Parking & storage: Includes two two-car garages, a one-car garage, and ample off-street parking.
    • Prime location: Located in the desirable Escondido marketplace in San Diego County.

Property Details

  • Price: $ 1,600,000
  • Price Per Unit: $ 228,571.43
  • Units: 7
  • Transaction Type: For Sale
  • Property Type: Multi-Family
  • Building Size: 6,692 SF
  • Lot Size: .33 AC
  • Cap Rate: 6.21%
  • Availability: Sold

Property Description

Built in 1953, this distinctive 4,868 sq. ft. mixed-use property in Escondido offers a compelling blend of residential and retail spaces on a spacious 14,206 sq. ft. parcel. The property consists of three structures, featuring five apartment units and two retail units, set within a tranquil, single-story garden community. It includes two two-car garages, a one-car garage, and plenty of off-street parking for added convenience. The property currently generates additional income through a RUBS (Ratio Utility Billing System), and a new owner can further capitalize on immediate revenue
opportunities from laundry and garage rentals.

×

Share this property with your friends

Please type comma separated emails if you want to share these properties with multiple people.
×

Download File

×

Download File

×

Download Offering Memorandum

×

3D Tour



Financial Summary

Investment Highlights

Price $1,600,000.00
Price / Unit $228,571.43
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $1,600,000.00

 

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