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136-140 W 3rd Avenue
Escondido, CA 92025
Asking Price
$1.63M
Asset Type
Traditional Office Office
Class
Class B
What's Special
136-140 W 3rd Avenue, Escondido, CA 92025 <ul><li>±4,350 SF Improvement on a ±14,300 SF Lot</li><li>Residential & Office Historic Site</li><li>Owner/User or Investment</li><li>Reduced Price: $1,625,000</li><li>Potential Residential Income: $3,000 Monthly (from 138 W 3rd Ave.)</li><li>Potential Site Income: $9,500 Monthly (Pro Forma Return 3.6%)</li><li>10 Parking Spaces</li><li>Fenced Secured Area ±2,622 SF. 54.5' long.</li><li>Zoning Allows: Residential, Office and Medical Uses allowed. Schools, churches, daycare and wedding v
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NOI
$80,000
Cap Rate
4.92%
DSCR
0.83
Underwater
Cash-on-Cash
-3.38%
Monthly Payment
$8,039.613
Annual Cash Flow
$-16,475.36
