921 921-929 W 15th AVE Escondido, CA 92025

921 to 929 WEST 15th sits on a Park Like 3/4 of an ACRE LOT. SEVERAL FACTORS make this an IDEAL PROPERTY for an investor looking for an easy to rent, INCOME PRODUCING, rental property. 100% OCCUPANCY; rents BELOW MARKET RATE and all Units on MONTH TO MONTH Leases. ADDITIONAL UPSIDES of this property are 1) has land to potentially build ADU (need to verify with City of Escondido); 2) one could occupy main home and rent other 4 units; & 3)property is LOCATED CONVENIENTLY close to an elementary school, and a short drive or walk to shopping & transportation & 5) 0% Vacancy rate. Built in 1963, the property has 5 DWELLINGS on the Property. A 1450 sq. ft. SINGLE FAMILY RESIDENCE that shows like a model home has 3 BEDROOMS & 3 BATHROOMS, a 2-CAR Garage & has been BEAUTIFULLY REHABBED. The other 4 units are 850 sq. ft. units, 2 DUPLEXES W/2 BEDROOMS - 2 FULL BATHS, & a 1-CAR garage. Each unit has an ADDITIONAL 3 PARKING SPACES. ALL UNITS have FULLY FENCED front and backyards; on site PRIVATE STORAGE UNITS; WASHER/DRYER hookups. All units have DOUBLE PANED WINDOWS, UPDATED front doors w/SECURITY SCREEN DOORS, UPDATED flooring, and DUSK TO DAWN security lights are located at each end of the PROPERTY near PARKING. DUPLEXES are separated by a LARGE GREEN BELT & there are FRUIT TREES and large SHADE TREES on the property which provides a special environment for Tenants. With RENTS BELOW MKT. this INVESTMENT provides an opportunity for RENTAL UPSIDE & STABLE CASH FLOW.