Property Description

Easy cash flow opportunity in East Escondido. The Cambria Townhomes is a 5 unit apartment building that has been 80%(4 of the 5) renovated by the current ownership. Upgrades include but are not limited to quartz countertops in kitchens and baths as well as new cabinets, in unit washers and dryers, luxury vinyl plank flooring, dual pane vinyl windows, new exterior fencing for the back of the units, upgraded appliances and fixtures. Built in 1973, the property has spacious units with 3 of the 5 units townhouse style and the remaining 2 being flats. There is a direct entrance from the parking area into each unit for resident’s convenience. The 5th unit was remodeled in 2018. Current ownership replaced the roof and fascia of the building in December 2023 and at the same time replaced the roof of the carports. There are RUBS in place that generate an additional $300 monthly offsetting the water, sewer, and trash expense. Walking distance to Orange Glen High School, this property is a cash cow with upside by completing the renovation of the 5th unit and raising rents over time knowing that there will be little ongoing maintenance due to the renovations. There are no balconies so no issues with SB 721.

Features
: Wood
: Carport, Spaces
5
: Vinyl
: Owned
Appliances
: Dishwasher, Disposal, Refrigerator, Range
Address Map
US
CA
SD
Escondido
92027
Bear Valley Parkway
2222
W118° 57' 20.3''
N33° 8' 7.1''
Corner of Grand and Bear Valley Parkway. Drive by only. Do not disturb tenants. Shown with accepted offer.
North County
Additional Info
South Coast Commercial, Inc.
Additional Information
: Stucco, Drywall, Frame
: Two
: Landscaped
5
2
Listing Information
646893
69464
ACTIVE
2025-02-28T04:15:15Z
sdmls
: N/K

Residential Income Additional

2222 Bear Valley Parkway, Escondido Ca 92027

6 Bedrooms
4,267
$1,799,000
Listing ID #250020076
Basic Details
Property Type : Residential Income Additional
Listing Type : For Sale
Listing ID : 250020076
Price : $1,799,000
Bedrooms : 6
Square Footage : 4,267
Lot Area : 0.36 Acre
Status : Active
Property Sub Type : Com-Res Income
Roof : Composition
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