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1935 Miller Avenue
Escondido, CA 92025
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 4 Units <ul><li>Fully Entitled & De-Risked - Tentative Parcel Map, CUP, Administrative Adjustment, and CEQA exemption in place for a streamlined path to development</li><li>Two Approved Lots - Approved subdivision creates two independent parcels, each exceeding the 7,000 SF minimum lot size</li><li>Four Units at Full Buildout - Existing SFR + approved ADU on Parcel 1 and new SFR + ADU on Parcel 2 for a total of 4 residential units</li><li>Prime Escondido Infill Location - Established neighborhood ne
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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
