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Sold on 02/07/2022
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656 E Mission Ave, Escondido, CA 92025

$704,000

Last sold 02/07/2022 for $1.1M

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    bed

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    bath

Multi-family not for sale
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About 656 E Mission Ave

Property type Multi-family
Neighborhood
Year built 2018
HOA fee $0/month
Lot size 7,373 Sqft
Movoto estimate
Parking 4 garage spaces
Rental estimate
Property description
Great Central Escondido opportunity for buy-and-hold investors! 2 Separate detached single family homes each on their separate lots with SEPARATE Parcel numbers and own fully fenced yards. Both homes are identical with 3 beds 2.5 baths 1574sqft soaring ceilings, lots of natural light, attached garages and private yards ready for buyer customization. 656 E Mission Ave - APN#229-160-55-00 Tenant lease until Sept 2023. Current rent $2708/Month. 660 E Mission Ave - APN#229-160-56-00 Tenant lease until Sept 2022. Current Rent $2729.50/Month. Please do not disturb the tenants, DRIVE BY ONLY. Walkthrough with an Accepted Offer.
Listed by
Listing Agent - Sonal Kanodia
Listing Office - Willis Allen Real Estate
Source: CRMLS mls logo
MLS#NDP2200226 • last updated 4 years ago
Movoto checked CRMLS for data 2 minutes ago
Overview
Type Residential Income
Status Closed
Lot Size (Acres) 0.1693
Lot Size (SqFt) 7373
Year Built 2018
Interior
Laundry Individual Room
Exterior
Building Area Square Feet, 3148
Parking Garage
# Uncovered Spaces 6
# Parking Spaces 10
# Garage Spaces 4
Lot Description Level, No Landscaping, Yard
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Spa None
Pool None
Location
View None
County San Diego
Community Features Curbs, Sidewalks, Street Lights
Neighborhood Escondido
Zoning R-1 SINGLE
Directions Corner Of E Mission & Fig St
APN 2291605500
Multifamily Details
Operating Expense 11048
Cap Rate 4.94
Expense: Insurance 1600
Total Expenses 11048
Gross Income 54250
Gross Scheduled Income 65250
$704K
Range: $633K-$774K
Last 30 days 
Rental est.: $1,600/month
Gross rent multiplier: 57.3
  • Feb 2022
    Public Records
  • Feb 7, 2022 Sold
    $550,000 (-50.0%)
  • Feb 2022
    mls logo MLS # NDP2200226
  • Feb 7, 2022 Sold
    $1,100,000 (+0.2%)
  • Jan 19, 2022 Active
    —
  • Jan 3, 2022 Listed
    $1,098,000 (+92.6%)
  • Oct 2021
    mls logo MLS # NDP2111718
  • Oct 15, 2021 Contingent
    —
  • Oct 15, 2021 Active
    —
  • Oct 14, 2021 Listed
    $570,000
  • Oct 14, 2021 Listed
    $570,000 (-4.2%)
  • Jun 2020
    mls logo MLS # 200027119
  • Jun 12, 2020 Listed
    $594,999
  • Jun 8, 2020 Listed
    $594,999
  • Jun 8, 2020 Listed
    $594,999 (+14.4%)
  • Jun 2017
    mls logo MLS # 170032839
  • Jun 23, 2017 Listed
    $520,000
  • Jun 23, 2017 Listed
    $520,000
  • Year Property taxes Tax assessment
  • 2024
    $6,554 +11.4%
    $572,220
  • 2023
    $5,883 -8.3%
    $572,220 +2.82%
  • 2022
    $6,413 +1.6%
    $556,504 +2.0%
  • 2021
    $6,309 +71.4%
    $545,593 +72.83%
  • 2020
    $3,680 +2.5%
    $315,678
  • 2019
    $3,592 +16.2%
    $315,678 +2.0%
  • 2018
    $3,090
    $309,489
  • 656 E Mission Ave
    $1.1M
  • Central Escondido
    $449K 0% y/y
  • 92025
    $650K -10% y/y
  • Escondido
    $749K -5% y/y
No chart available
Statistics calculated by Movoto

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4/10
Farr Avenue Elementary School
public Grades K-5
Escondido Union School District
5/10
Mission Middle School
public Grades 6-8
Escondido Union School District
5/10
Escondido High School
public Grades 9-12
Escondido Union High School District
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 11/3/2026. 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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