385 Lake Dr

Escondido, CA 92029 View Map $1,395,000 Schedule a Tour
Beds6
Baths4
On Site46 days
Year1929
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Robert & Joy Aumann

Robert & Joy Aumann

(858) 752-8730
 
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FOR SALE: 385 Lake Dr Escondido CA 92029 | 240007626 |$1,395,000| Call Rob (858) 752-8730 for a TOUR!

Status: Active
Property Type:Res Income 2-4 Units
MLS #:240007626
On Site:46 Days
County:San Diego

Listing Agent/Office

Agent:Jason Lee
Agent Phone:858-336-9688
Office:Jlm Real Estate Inc.
Happy to present this turnkey investment opportunity near lake Hodges in the heart of Del Dios. Fantastic location for owner occupied buyer or investor. Potential to operate units as short term or Long term rentals and the potential to convert the 1st floor basement to a 3BD/2BA ADU to make this a 4-unit property. Front House was fully renovated sparing no expense with new quartz countertops, appliances, flooring, painted inside and out including fences/decks/stairway, windows, mini split, driveway, recessed lighting, and remodeled bathrooms. Back units feature Kitchen and bathroom remodels, new flooring, interior and exterior paint, new electrical outlets and windows. SELLER WILL BE OFFERING A 2, 1 INTEREST RATE BUYDOWN FOR THE BUYER!

Mortgage Calculator

$000 Monthly Payment
Loan and interest only.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
5/14/2024$1,495,000$1,395,000-6.7%

Community Information

Address:385 Lake Dr, Escondido, CA 92029
County:San Diego
Area (MLS Code):North County
Subdivision:Del Dios
Zip Code:92029
Community:SOUTH ESCONDIDO
Complex:Escondido

Architecture

Bedrooms: 6
Bathrooms: 4
Year Built:1929
Stories:2
Exterior: Wood/Stucco
Total Stories: 2
Unit 1: 3 beds, 2 baths
Unit 2: 2 beds, 1 bath
Unit 3: 1 bed, 1 bath

Features / Amenities

Cooling: Attic Fan, Wall/Window

Rooms

Dimensions
Master
Bedroom 2
Bedroom 3
Bedroom 4
Bedroom 5
Breakfast Area
Dining Room
Kitchen
Living Room
Family Room
Extra Room 1
Extra Room 2
Extra Room 3

Property Features

Lot Dimensions:4,000-7,499 SF
Fencing: Partial
Directions:When mapping the property for directions use 20048 Lake Dr.

Tax and Financial Info

Gross Sched Income Projected: $99, 000
Annual Expense Projected: $33, 454
Cap Rate Projected: $4.20
Terms: Assumable, Cash, Conventional, FHA, VA

Schools

WALKING AND TRANSPORTATION

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385 Lake Dr Escondido,  CA 92029
GO SEE THIS LISTING
385 Lake Dr Escondido, CA 92029
 
ASAP
Sun
26
May
Mon
27
May
Tue
28
May
Wed
29
May
Thu
30
May
Fri
31
May
Sat
1
Jun
Choose Your Date -- It's Free, Cancel Anytime
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Listing information last updated on May 26, 2024 12:45 AM EST.