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Sold on 06/03/2024
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304 S Grape, Escondido, CA 92025

$1,275,000

Last sold 06/03/2024 after 41 Days

  • —

    bed

  • —

    bath

Multi-family not for sale

About 304 S Grape

Property type Multi-family
Neighborhood
Year built 1950
HOA fee $0/month
Lot size 8,723 Sqft
Parking 5 garage spaces
Rental estimate
Property description
Value-add "4 Plex" in the heart of Escondido. Consisting of (2) two Duplexes, (5) five garages and (1) one Extra-large storage area on a large lot makes this a prime candidate for adding a nice ADU for extra cashflow. The investment opportunity consists of all 1 bedroom/1 bath units with a laundry room. Currently, each unit gets 1 garage included in their rent. The 5th garage is rent ready. The 600-foot storage room is the perfect space for a legal ADU. Buyer to verify with the city. There is a laundry room for the tenants to use, free of charge.
Listed by
Listing Agent - Dave Plutner
Listing Agent Contact: Dplutner@gmail.com
Listing Office - DP Properties
Source: CRMLS mls logo
MLS#NDP2403419 • last updated 2 years ago
Movoto checked CRMLS for data 2 minutes ago
Overview
Type Residential Income
Virtual Tour N/A
Status Closed
Lot Size (Acres) 0.2003
Lot Size (SqFt) 8723
Year Built 1950
Interior
Laundry Common Area
Exterior
Building Area 2350
# Uncovered Spaces 4
# Parking Spaces 9
# Garage Spaces 5
Lot Description Rectangular Lot
Amenities / Utilities
Sewer/ Septic Public Sewer
Pool None
Location
County San Diego
Community Features Sidewalks
Neighborhood Escondido
Zoning R-3
Directions Google Maps
APN 2302710100
Multifamily Details
Operating Expense 31632
Cap Rate 3
Expense: Insurance 1800
Total Expenses 31632
Gross Income 76380
Expense: Electric 5584
Gross Scheduled Income 76380
Rental est.: $1,600/month
Gross rent multiplier: 66.4
  • Jun 2024
    mls logo MLS # NDP2403419
  • Jun 4, 2024 Sold
    $1,275,000 (-8.9%)
  • May 6, 2024 Pending
    —
  • Apr 23, 2024 Listed
    $1,400,000 (+137.3%)
  • Aug 2019
    mls logo MLS # 140026736
  • Aug 21, 2019 Sold
    $590,000
  • Nov 11, 2014 Sold
    $590,000
  • May 19, 2014 Listed
    $615,000
  • May 19, 2014 Listed
    $615,000 (+55.7%)
  • Nov 2014
    mls logo MLS # TR14105520
  • Nov 11, 2014 Sold
    $590,000 (-4.1%)
  • May 19, 2014 Listed
    $615,000
  • Jan 2010
    mls logo MLS # 100003772
  • Jan 20, 2010 Listed
    $395,000
  • 304 S Grape
    $1.27M
  • Central Escondido
    $449K 0% y/y
  • 92025
    $629K -12% y/y
  • Escondido
    $749K -5% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/5/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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