9888 Nutby Ln Escondido, CA 92026-4500
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 5,442 sqft
Price per Sqft $303
Bedrooms 5
Full Baths 5
Lot Size 9.500 Acres
Property Description
Projected annual rent:
$71,000
Property Tax:
$5,195
Insurance:
$4,400
Regular Maintenance:
$2,800
Reserves for Replacement:
$3,500
Annual Expenses:
$6,945
Net Operating Income:
$52,205
CAP Rate:
4.2%
What Sets It Apart
With 3 rental units, this property is ideal for long-term leases or Airbnb rentals. Zoned for light agriculture, it allows for recreational amenities, animal keeping, and more. Additional features include 25 avocado trees, trailer hookups, and cost-effective utilities via SDG&E's agriculture rate.
Investor HIghlights
Priced at $1,649,000, this property offers a 4.2% cap rate, making it a strong investment opportunity. As a multi-family home, it provides an excellent chance for steady income with its 3 rental units, perfect for long-term tenants or Airbnb. With diverse income potential from both rental and agricultural uses, this property is well-positioned to generate reliable returns.
Location
State CA
County San Diego