The tenants enjoy the view from the property across Escondido looking toward Palomar Mountain. There's great curb appeal, well maintained, with two, one bedroom duplexes, built in 1954. The living quarters are all on one level and you'll appreciate the recent upgrades.

Look at this investment carefully:
4 units, 5 gas and electric meters, and 5 garages--what about leasing out the fifth garage? Plus, there is another large storage area with original square footage newly converted to a studio (without permits).

This fifth storage area/studio has been a rental in the past, and is the same size as the unit above. What would YOUR plans be? Paid office? Rental storage? Owner's quarters? 

The property is centrally located up on Grape Street. It is to the south of Palomar Hospital, with very easy access, close to the downtown area with revitalization plans in progress.

You'll find a freshly painted exterior, and it now has a nice, newly installed coin operated laundry room.

The four units are all presently rented.
You are invited to drive by.
Please do not disturb the tenants.
Want more information? Let's talk. 

Reduced to $748,000
304 to 320 South Grape Street
APN 230-271-0100
Escondido


The Bonnie Phelps Team 

Proven Professionals with a
  refreshingly different approach to Real Estate

In the Cities and Above the Clouds
Call toll free 888 718-5358  bonnie@palomarproperties.com

Your business and referrals are sincerely appreciated!