Property Description

Large 2 bedroom/1 bath units in a rapidly gentrifying, quiet, unique HOA community of sixteen 4-plexes. All the units were rehabbed over the last few years. Tenants move in and almost never leave. Upside on the rents. Four large single car garages. Potential to turn one or more of the garages into ADU. (Already happening in the neighborhood). The building has its own laundry room with coin operated washer/dryer. Additional storage room for owner. The HOA pays for common area landscape/maintenance, trash, and an onsite manager. Located in an opportunity zone. Property can be purchased individually or with another 4-plex at 340 Lansing Circle. Buyer to cooperate with sellers 1031 exchange.

Features
: None
: None
: Garage
Appliances
: Range/Oven, Refrigerator
Address Map
US
CA
SD
Escondido
South Escondido
92025
Lansing Circle
355
W118° 55' 14.8''
N33° 7' 36.2''
North County
Additional Info
South Coast Commercial, Inc.
Additional Information
: Stucco
: One
4
1
https://www.propertypanorama.com/instaview/snd/240026078
Listing Information
635581
69464
ACTIVE
2024-11-05T21:21:35Z
sdmls
: N/K

Residential Income

355 Lansing Circle, Escondido Ca 92025

8 Bedrooms
4 Bathrooms
3,500
$1,399,000
Listing ID #240026078
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 240026078
Price : $1,399,000
Bedrooms : 8
Bathrooms : 4
Square Footage : 3,500
Year Built : 1964
Status : Active
Full Bathrooms : 4
Property Sub Type : Multi Family
Roof : Composition
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