Cozy Three-Unit
For Sale
$975,000
Pending
403 11 4th Ave, Escondido, CA 92025
Well-maintained three-unit complex in an ideal, always-rented location.
Property Size1,884 SF
Days on Market192
Property Features for 403 11 4th Ave
General Information
Standard status
Pending
Size
1,884 SF
Property subtype
Investment
Building Details
Building Size
1,884 SF
Year Built
1952
Units
3
Listed By:
Dallas Woodring
(760) 500-1456
Source:
Elliman
Added: Apr 24
Changed: Oct 30
Last Checked: Nov 1 at 7:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dallas Woodring
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a three-unit complex in a cozy area. The units are well-maintained and comfortable. The location is ideal, resulting in consistent occupancy. The bike score is 37, indicating it is somewhat bikeable. The walk score is 21, signifying car-dependent accessibility. The transit score is 29, suggesting some transit options are available.
Key Highlights
- Well‑maintained units.
- Ideal location.
- Always rented, offering immediate income.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,749
Cap Rate
3.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$674,980
$675.0K
Cap Rate 7%
$482,129
$482.1K
Cap Rate 9%
$374,989
$375.0K
Market Conditions
NOI Build-Up for 1,884 SF
Gross rent
$50.9K $27.00/SF
− Vacancy
−$2.7K −$1.41/SF
EGI
$48.2K $25.59/SF
− OpEx
−$14.5K −$7.68/SF
NOI
$33.7K $17.91/SF
Area
Escondido, CA
Vacancy
5.22%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$674,980
Cap Rate 7%
$482,129
Cap Rate 9%
$374,989
Alternative Uses
Best Use
Multifamily LT 5
$482.1K
$421.9K – $562.5K
NOI $33,749 @ 7.0% cap · market cap 3.46%
Second Best
Apartment 5plus
$444.8K
$389.2K – $519.0K
NOI $31,139 @ 7.0% cap · market cap 3.19%
Theoretical Best
Office A
$665.1K
$581.9K – $775.9K
NOI $46,554 @ 7.0% cap · market cap 4.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Location Intelligence
Trade Area within ½ mile
3,259
Businesses Nearby
Explore this area
Business Placement
Demographics for 92025, CA
51,586
Population
17,376
Households
3
Avg Household Size
35
Median Age
28%
College-Educated
78%
High-School Grad
22.4 sq mi
ZIP Area
2,303
Density / Sq Mi
$71,716
Median Household Income
$41,218
Median Earnings
$1,823
Median Rent
$767,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Well-maintained three-unit complex in an ideal, always-rented location.
Where is this triplex located?
The property is located at 403 11 4th Ave Escondido, CA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Well‑maintained units.; Ideal location.; Always rented, offering immediate income.
