347 Lansing Circle

    Escondido, CA 92025
    • $859,000
    • STATUS: ACTIVE
    • ON SITE: 33 days
    • ID#: 200003858
    UPDATED: 93 min ago
    $859,000
    • 8
      BEDS
    • N/A
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    Easy to rent two bed/one bath units. Some owners are collecting more than $1500 rent on the same street. The location is improving. Tenants will appreciate private garages. Sloped roofs mean lower maintenance cost for owner.

    Monthly Payment Calculator

    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 © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.dreamlivingsd.com/homes/102546385

    347 Lansing Circle Escondido, CA 92025

    • Price: $859,000
    • Status: ACTIVE
    • Updated: 93 min ago
    • ID#: 200003858
    8
    Beds
    4
    Baths
    0
    ½ Baths
    N/A
    Acres
    1964
    Built
    Neighborhood:
    City Of Escondido
    County:
    San Diego
    Area:
    Escondido (92025)
    Property Description
    Easy to rent two bed/one bath units. Some owners are collecting more than $1500 rent on the same street. The location is improving. Tenants will appreciate private garages. Sloped roofs mean lower maintenance cost for owner.
    Exterior Features

    Exterior Stucco Fencing N/K Parking Garage Spaces Unit1 1 Parking Garage Spaces Unit2 1 Parking Garage Spaces Unit3 1 Parking Garage Spaces Unit4 1 Roof Composition Unit1 Exclusive Use Yard No Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Unit4 Exclusive Use Yard No Units With Garages 4 Units With Patios 0

    Interior Features

    Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Unit1 Laundry Hook Ups No Unit2 Laundry Hook Ups No Unit3 Laundry Hook Ups No Unit4 Laundry Hook Ups No Units With Cooling 0 Units With Dishwashers 0 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 0

    Property Features

    Actual Cap Rate 3.8 Age Restrictions N/K Annual Expense Actual 24833 Annual Expense Projected 24833 Association ID San Diego Association Of Realtors (Sdar) Buildings 1 Cfd Mello Roos Fee 0 Community Southeast Escondido Complex Park N/A Cross Streets N Hickory St. & E Pennsylvania Gross Rent Multiplier Actual 14.4 Gross Rent Multiplier Project 13 Gross Scheduled Income Actual 59820 Gross Scheduled Income Project 66120 Home Owners Assoc Fee Includes Common Area MaintenanceExterior (Landscaping)Trash Pickup Home Owners Assoc Payment Freq Monthly Home Owners Fee Reflects Month Home Owners Fees 450 Home Owners Total Fees 5400 Mandatory Remarks None Known Market Area North County Monthly Total Fees 450 Net Operating Income Projected 38643 Other Fees 0 Other Income Actual 2520 Projected Cap Rate 4.5 Projected Other Income 2520 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays ElectricityGas/Propane Terms CashConventional Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Deposit 1000 Unit1 Occupied Tenant Unit1 Projected Rent 1325 Unit1 Rent Actual 1300 Unit2 Deposit 500 Unit2 Occupied Tenant Unit2 Projected Rent 1325 Unit2 Rent Actual 1175 Unit3 Deposit 500 Unit3 Occupied Tenant Unit3 Projected Rent 1325 Unit3 Rent Actual 1175 Unit4 Deposit 500 Unit4 Occupied Tenant Unit4 Projected Rent 1325 Unit4 Rent Actual 1125

    Listing provided courtesy of Apartment Consultants, Inc.. Listing information © 2020 San Diego MLS Inc. Source: SDMLS
    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 © 2020 San Diego MLS, Inc. Licensed in the state of California.
     
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