938 N Fig, Escondido, CA 92026

$7,900,000
3
BD
2
BA
17,650
SqFt

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Sold Price
$7,900,000
List Price
$7,900,000
Status
CLOSED
Days on Market
169
Closing Date
Sep 25, 2024
MLS#
240007524
Subtype
Residential Income
Bedrooms
3
Bathrooms
2
Living Area
17,650
MLS Area Major
North County Inland

Property Description

938 North Fig is an extensively renovated 14 Unit, 100% 3BR/2.5BA Townhome project with attached garages & private yards/patios located in Escondido, CA – North County San Diego. The property was originally built in 1991 and boasts large floorplans, central AC & Heat, large back patios, pitched tile roofs, concrete driveway and low maintenance landscaping. The property has undergone recent comprehensive upgrades and is fully rented and stabilized with attractive current and market cap rates. Extensively Renovated in 2022 & 2023. Newer 1991 Construction. Large Townhomes. Priced $163k/unit below median for sale 3BR homes/townhomes/condos (+/- 1,440 SF Avg) within 0.5 miles of the property. All new full size in-unit washer/dryers 100% large 2-story 3BR units | Less than 6% of all rental stock in San Diego County are 3BR’s. Attached 1 & 2-car garages & Private yards / patios. 2.2% vacancy rate for 3BR's in city of Escondido. Please contact listing agent for details and Offering Memorandum.

Additional Information

Stories
2
Levels
Two
Parking Features
Multiple Garages, Parking Spaces

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Corey McHenry (619-565-0179) from Listing Office: David Santistevan.

Selling Office: David Santistevan.

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