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    725 N Quince Street

    Escondido, CA 92025
    • $1,200,000
    • STATUS: Active
    • ON SITE: 526 days
    • ID#: AR19144281
    UPDATED: 34 min ago
    $1,200,000
    • 0
      BEDS
    • 0.39
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,169
      SQFT
    • $147
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Significant Price Reduction ! Motivated Seller. Multi-Tenant commercial building suitable for a wide variety of businesses. Nearby access to and from the 15 Freeway. Convenient location just west of Centre City Parkway and south of Mission Ave. Plenty of on site parking. Two Parcels APN#228-270-38-00 and APN#228-270-44-00 total lot size approximately 17,083 Sq Ft. The income, expenses, and NOI are Pro Forma. Property has tremendous upside to be captured by leasing up the available suites.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-27T11:25:54.33. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor. Licensed in the State of California, USA.

    www.sellinglasouthbay.com/homes/96088390
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    725 N Quince Street Escondido, CA 92025

    • Price: $1,200,000
    • Status: Active
    • Updated: 34 min ago
    • ID#: AR19144281
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.39
    Acres
    8,169
    SQFT
    $147
    $/SQFT
    Neighborhood:
    92025 - Escondido
    County:
    San Diego
    Area:
    92025 - Escondido
    Property Description
    Significant Price Reduction ! Motivated Seller. Multi-Tenant commercial building suitable for a wide variety of businesses. Nearby access to and from the 15 Freeway. Convenient location just west of Centre City Parkway and south of Mission Ave. Plenty of on site parking. Two Parcels APN#228-270-38-00 and APN#228-270-44-00 total lot size approximately 17,083 Sq Ft. The income, expenses, and NOI are Pro Forma. Property has tremendous upside to be captured by leasing up the available suites.
    Exterior Features

    Lot Features Paved Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Laundry Features See Remarks

    Property Features

    Accounting Type Proforma Additional Parcels YN No Building Area Units Square Feet Building Status Existing Cap Rate 5.75 Country Us Effective Gross 114320 Electric Expense 2300.00 Exclusions All Of Tenant's Personal Property Gross Scheduled Income 120420.00 Industrial Type Warehouse/Distribution Insurance Expense 2500.00 Laundry YN Yes Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 80520.00 Operating Expense 33800.00 Other Expense 3000.00 Professional Management Expense 6000.00 Property Sub Type Office Real Estate Tax Expense 16000.00 Special Listing Conditions Standard Trash Expense 1500.00 Vacancy Allowance 6100 Water Sewer Expense 2500.00 Water Source See Remarks

    Listing provided courtesy of Hank Hoang of Re/Max Top Producers


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-27T11:25:54.33. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor. Licensed in the State of California, USA.

     
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    Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor
    28901 S. Western Avenue #139
    Rancho Palos Verdes CA, 90731