145 W El Norte Parkway $13,950,000

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    145 W El Norte Parkway Escondido, CA 92026

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    $13,950,000

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    • Commercial Sale
    • MLS# 200048547
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    Views: 34 Days On Market: 49

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    Property Details

    Description Tours

    Hilltop Condos consists of a bulk sale of 51-units in a 105-unit complex built in 1988. All units are two-bedroom, two-bath floor plans with fireplaces and in-unit washer and dryers. The property was highly renovated in 2006 and has numerous amenities including two swimming pools and spas, a fitness center, leasing office and beautifully landscaped grounds. A future investor can enjoy low operating costs due to the age of construction and recent renovation. Further, the Home Owners Association is responsible for the maintenance of the exterior and common areas. Hilltop Condos may be exempt from California's rent control law (AB1482) with proper tenant noticing and vesting. Hilltop Condos is located in a convenient Escondido location with direct freeway access and proximity to convenient shopping and community amenities. Amenities: BBQ,Clubhouse,Rec Room,Spa

    Contact

    John Moes

    John Moes

    Agent

    DRE #01947239

    Carlsbad CA

    Direct: 714-743-8838

    Neighborhood

    92026 (Escondido) Demographics

    38 Median Age
    1,325 Population Density (per sq. mile)
    42% College Educated
    $59,539 Estimated Median Income
    10,158 Estimated Total Home Owners
    6,575 Estimated Total Renters
    61% / 39% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    49,327 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $612,500 Median Sales Price
    76 Homes Sold
    59 New On Market

    Average Days on Market

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $13,950,000
        10/14/2020 3:00:00 PM New in Database Source New Value: $13,950,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Based on information from California Regional Multiple Listing Service, Inc. as of 12/2/2020 10:15:25 AM. 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.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.