251 W Lincoln Ave Escondido, CA 92026




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Key Details

Property Type: Multi-Family

Year Built: 1946

Purchase Type: For Sale

Listing Status: Active

MLS Listing ID: 180060123

Price per Sqft: $1,029

Full Baths: 2

Type of Financing: Cash,Conventional,Exchange,FHA,VA

Property Description

Opportunity Zone Investment! Fits Zones Requirements for Tax Credits. The owner has already started the process of getting permits for the new buildings and will be able to transfer all documentation. Site plan and complete design for 3 independent 3BR 2BA stand alone units. Existing Duplex configuration has a 600sqft 1BR 1BA front unit and 900+ sq ft 2BR 1BA back unit can be converted to 3 units. If you Build 1 Low Income Unit you can get up three Bonus Units to a Total of 9.
Located Near Escondido Middle School, Escondido High School, and Arts Center. Rents are very low and have a lot of room for improvement.


State: CA

County: San Diego

Community: Southwest Escondido

Area: Escondido (92026)

Building/Comlex Name: NK

Multi-Unit Info

Total Units: 2.0

Buildings: 2.0

Unit 1 Information: Rents Price: $1,250; SqFt: 675.0; Bedroom: 1.0; Bathroom: 1.0; FullBath: 1.0; HalfBath: 0.0; Occupancy: Tenant

Unit 2 Information: Rents Price: $1,550; SqFt: 900.0; Bedroom: 2.0; Bathroom: 1.0; FullBath: 1.0; HalfBath: 0.0; Occupancy: Tenant

Unit 3 Information: Bathroom: 0.0

Unit 4 Information: Bathroom: 0.0


Heating: Natural Gas


Exterior Feature: Stucco

Fence: Full,Gate

Roof Type: Composition


Story: 1 Story

Lot Size Range: .5 to 1 AC

Sewer: Sewer Available

Water: Meter on Property


Elementary Schools: Lincoln Elementary School

Middle Schools: Mission Middle School

High Schools: Escondido High School

School District: Escondido Union High School District,Escondido Union Elementary School District


Senior Community: no

Acceptable Financing: Cash,Conventional,Exchange,FHA,VA

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Listing Provided By Christian Spicer (CA BRE #01921619) of Source California Realty

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    Glen Henderson Big Block Realty, Inc
    Glen Henderson

    Broker Associate CA BRE # 01384181

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