1973 Felicita Road

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1973 Felicita Road

Escondido, CA 92025
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for sale in Escondido.
  • Property consists of two distinct residential rental units.
  • Current market analysis reflects a 4.00% capitalization rate.
  • Convenient location in the North County area of San Diego.
  • Well-suited for residential investment and portfolio diversification.

What's Special

Investors seeking to expand their residential portfolio will find this two-unit apartment building at 1973 Felicita Road a practical addition. Located in Escondido, California, the property is positioned within a well-established submarket known for its steady demand for rental housing. The asset offers an opportunity for direct income generation through current leasing operations in a region that continues to attract residents due to its proximity to regional employment hubs and transit corridors. The structure serves as an efficient multifamily holding, suited for both long-term buy-and-hold strategies or value-add adjustments depending on management goals. Escondido maintains a diverse economic base and remains a prominent residential choice in the North County area of San Diego. This multifamily asset captures the appeal of a suburban rental market, providing stable utility in a configuration that facilitates straightforward management for a new owner. Its location provides accessible navigation to broader commercial and residential amenities throughout the city.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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