351-355 W 8th Avenue

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351-355 W 8th Avenue

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
  • Asset features a total of two residential units
  • Investment currently priced at a 4.73% capitalization rate
  • Located within the established 92025 zip code area
  • Well-positioned near primary transit routes in North County

What's Special

Escondido serves as a key residential hub in North County San Diego, benefiting from its strategic position along the I-15 corridor and proximity to major regional employment centers. This multifamily apartment building, situated at 351-355 W 8th Avenue, provides a stable residential investment within this established suburban market. The property consists of two distinct units, appealing to investors seeking a manageable asset in a city characterized by consistent rental demand and a diverse population. Given the configuration and residential nature of the site, this asset is well-suited for long-term hold strategies aimed at providing quality housing in the metro area. Prospective buyers will find this a straightforward addition to a rental portfolio, supported by the ongoing economic growth and infrastructure connectivity inherent to the Escondido region.

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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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