Escondido, CA 92026,938 N Fig
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Escondido, CA 92026,938 N Fig
Escondido, CA 92026,938 N Fig

$7,900,000

Est. payment /mo

$7,995,000

1.2%
Est.Price: ?

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938 N Fig Escondido, CA 92026

SOLD DATE : 09/25/2024

Key Details

Sold Price $7,900,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 240007524

Property Description

938 North Fig is an extensively renovated 14 Unit, 100% 3BR/2.5BA Townhome project with attached garages & private yards/patios located in Escondido, CA – North County San Diego. The property was originally built in 1991 and boasts large floorplans, central AC & Heat, large back patios, pitched tile roofs, concrete driveway and low maintenance landscaping. The property has undergone recent comprehensive upgrades and is fully rented and stabilized with attractive current and market cap rates. Extensively Renovated in 2022 & 2023. Newer 1991 Construction. Large Townhomes. Priced $163k/unit below median for sale 3BR homes/townhomes/condos (+/- 1,440 SF Avg) within 0.5 miles of the property. All new full size in-unit washer/dryers 100% large 2-story 3BR units | Less than 6% of all rental stock in San Diego County are 3BR’s. Attached 1 & 2-car garages & Private yards / patios. 2.2% vacancy rate for 3BR's in city of Escondido. Please contact listing agent for details and Offering Memorandum.

Location

State CA

County San Diego

Area Escondido (92026)

Exterior

Garage Garages, Spaces

Building

Story 2

Others

Space Rent $592,680

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San Diego Regional MLS (SDMLS)
Listed by Corey McHenry • David Santistevan
Bought with Corey McHenry • David Santistevan

Glen Henderson

Broker Associate | License ID: 01384181

+1(619) 500-3222

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