Property Detail

Description

We are proud to present the 1101-1107 Chestnut Street Apartments for sale in Escondido. This 4-unit opportunity is comprised of two 3 bedroom/2 bath units and two 2 bedroom/1 bath units. The property can be purchased together with the adjacent 4 units at 419-449 11th Avenue. The apartments were built in 1958 and the interiors have been remodeled and all the plumbing, including waterlines and drains, was replaced last year. New kitchens, bathrooms, flooring, roofs, skylights, wall heaters, windows, and doors were also recently installed. A new laundry was also installed. There are carports and on-site parking spaces for residents. The property is currently master-leased to one sober living operator, but the lease is month-to-month and can be terminated at the close of escrow, or renewed at the Buyer's election.