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Sold on 10/30/2024
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385 Lake Dr, Escondido, CA 92029

$1,275,000

Last sold 10/30/2024 after 46 Days

  • —

    bed

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    bath

Multi-family not for sale
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About 385 Lake Dr

Property type Multi-family
Neighborhood
Year built 1929
HOA fee $0/month
Lot size 5,254 Sqft
Parking 3 garage spaces
Rental estimate
Property description
Rare find! Check out this beautifully remodeled 3-unit property in the charming Del Dios neighborhood next to Lake Hodges. It's perfect for an owner-occupant, a short-term rental or a long-term rental. Or, you could create a compound with extended family. Lots of possibilities! Front unit is a 3bed/2ba with new quartz countertops, flooring, new appliances, and much more -- plus THREE garaged parking spaces. Each of the two back units are also newly remodeled 1bedroom/1baths, with bonus rooms. Plus, they have their own private patios. Best of all, Seller is offering a 2-point loan rate buydown for offers with favorable price/terms! And, you get the small-town atmosphere of Del Dios, with tons of hiking and biking options at your doorstep -- yet you're still only minutes away from Rancho Santa Fe AND the heart of Escondido. Submit your offer today!
Listed by
Listing Agent - Sean Hillier
Listing Agent Contact: Seanhillier62@gmail.com
Listing Office - Realty Partners Services Inc.
Source: CRMLS mls logo
MLS#PTP2405731 • last updated 2 years ago
Movoto checked CRMLS for data 1 minute ago
Overview
Type Residential Income
SubType Triplex
Status Closed
Lot Size (Acres) 0.1206
Lot Size (SqFt) 5254
Year Built 1929
Interior
Exterior
Building Area 2024
# Parking Spaces 3
# Garage Spaces 3
Lot Description Rectangular Lot, Park Nearby, Yard
Amenities / Utilities
Pool None
Location
County San Diego
Community Features Horse Trails, Mountainous, Valley, Fishing, Hiking, Lake
Neighborhood Del Dios
Zoning Check With County.
Directions Take Del Dios Highway To Elm Lane Or Rancho Dr. Either Street Goes To Lake Drive. Or, Use GPS.
APN 2700860300
Multifamily Details
Cap Rate 15.1
Gross Scheduled Income 7950
We are not permitted to show value estimates for this property.
  • Nov 2024
    mls logo MLS # PTP2405731
  • Nov 1, 2024 Sold
    $1,275,000
  • Sep 19, 2024 Pending
    —
  • Sep 14, 2024 Listed
    $1,275,000 (-0.8%)
  • Oct 2024
    Public Records
  • Oct 30, 2024 Sold
    $1,275,000
  • Sep 2024
    mls logo MLS # 240019780
  • Sep 16, 2024 Canceled
    —
  • Aug 21, 2024 Listed
    $1,285,000 (-0.8%)
  • Aug 2024
    mls logo MLS # 240015888
  • Aug 21, 2024 Expired
    —
  • Jul 10, 2024 Listed
    $1,295,000 (-2.3%)
  • Jul 2024
    mls logo MLS # 240007626
  • Jul 10, 2024 Canceled
    —
  • May 14, 2024 Price Change
    $1,395,000 (-6.7%)
  • Apr 10, 2024 Listed
    $1,495,000 (+73.8%)
  • Jul 2024
    mls logo MLS # 240013409
  • Jul 10, 2024 Canceled
    —
  • Jun 12, 2024 Listed
    $1,395,000
  • Jun 2024
    mls logo MLS # 240013409SD
  • Jun 18, 2024 Price Change
    $1,325,000 (-5.0%)
  • Jun 12, 2024 Listed
    $1,395,000
  • Oct 2023
    mls logo MLS # 230015581
  • Oct 26, 2023 Sold
    $860,000
  • Aug 10, 2023 Listed
    $995,000
  • Oct 2023
    Public Records
  • Oct 24, 2023 Sold
    $860,000 (-13.6%)
  • Year Property taxes Tax assessment
  • 2024
    $9,883 +78.1%
    $860,000 +81.93%
  • 2023
    $5,548 +1.3%
    $472,716 +2.0%
  • 2022
    $5,475 +1.7%
    $463,448
  • 2021
    $5,382 +0.8%
    $463,448 +2.0%
  • 2020
    $5,340 +2.5%
    $454,362 +1.04%
  • 2019
    $5,210 +2.9%
    $449,704 +2.0%
  • 2018
    $5,061 +3.9%
    $440,888 +4.04%
  • 2016
    $4,873 +1.0%
    $423,769
  • 2015
    $4,827
    —
  • 385 Lake Dr
    $1.27M
  • West Ridge
    $1.12M -5% y/y
  • 92029
    $1.17M 0% y/y
  • Escondido
    $749K -5% y/y
No chart available
Statistics calculated by Movoto

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6/10
Bernardo Elementary School
public Grades K-5
Escondido Union School District
4/10
Bear Valley Middle School
public Grades 6-8
Escondido Union School District
6/10
San Pasqual High School
public Grades 9-12
Escondido Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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