Listing provided courtesy of Kathleen Nguyen of eXp Realty of California Inc. Last updated 2019-02-07 10:25:50.000000. Listing information © 2017 Client MLS.
Asking Price: $2,145,000
125 Mission Ave, Escondido CA 92025
Community: North County
This Commercial-Off/Rtl/Ind property was built in 1974 and is priced at $2,145,000. Please see the additional details below.
- 0 Sq Ft
- 2 bathrooms
- MLS#: 180065736
- Type: Commercial-Off/Rtl/Ind
- Year Built: 1974
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.
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