125 W Mission Ave $2,145,000


    125 W Mission Ave Escondido, CA 92025

    • Commercial Lease
    MLS# 180065736 | Pending
    Days On Market: 288 0 Views
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    Property Details

    16 Unit Office Building in the Opportunity Zone Area. Ideal for long term investors and 1031 Exchange. Current sellers have not raised rents for a long time and have included all utilities in the low price per sq ft. Property has potential to increase income with value add (remodeling and net leases to increase value). Most of current tenants have been long term. All leases are now month to month so will have few issues for new investor to modify lease. Price includes adjacent lot approx. 8000 sq ft (229-180-61-00). Total sq ft for both lots=almost 1 acre. Extra lot is currently used as additional parking- may be buildable but buyer to do own and full due diligence.



    92025 (Escondido) Demographics

    32Median Age
    2,438Population Density (per sq. mile)
    30%College Educated
    $50,774 Estimated Median Income
    6,114Estimated Total Home Owners
    9,070Estimated Total Renters
    40% / 60%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    53,742Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $577,500 Median Sales Price
    32 Homes Sold
    52 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $2,145,000
        12/1/2018 2:18:00 PM New in Database Source

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        Based on information from California Regional Multiple Listing Service, Inc. as of 9/15/2019 4:47:59 PM. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.