345 E Park Avenue $8,325,000

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    345 E Park Avenue Escondido, CA 92025

    Sold
    SOLD 11/17/2019

    $8,325,000

    • 0 Beds
    • 0 Baths
    • Multi-Family
    • Listing# 190032975
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    Property Details

    We have been selected to exclusively market for sale La Serena, a well-maintained 37-unit multifamily property in the city of Escondido, California. Built in 1977, La Serena is located at 345 East Park Avenue and is a true value-add opportunity that is being offered free and clear of debt. La Serena is situated on 1.69 acres and is comprised of 7 one-story and two-story buildings with flat roofs. The unit mix includes 37 two-bedroom/one-bathroom units plus a non-conforming two-bedroom/one-bathroom unit. Property amenities include carports, a community courtyard, a swimming pool and barbeque area, lush landscaping, and an on-site laundry facility. Tenants at La Serena enjoy easy access to retailers and restaurants along Valley Parkway such as Walmart, Vallarta Supermarket, CVS Pharmacy, Home Depot, IHOP, Chipotle and many more. Escondido is located in the northern portion of San Diego County, about 30 miles north of downtown San Diego and 18 miles east of the Pacific Coast. Th

    Neighborhood

    92025 (Escondido) Demographics

    31 Median Age
    2,438 Population Density (per sq. mile)
    30% College Educated
    $50,774 Estimated Median Income
    6,114 Estimated Total Home Owners
    9,070 Estimated Total Renters
    40% / 60% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    53,742 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $525,000 Median Sales Price
    48 Homes Sold
    33 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source New Value: $0 -100%
        11/17/2019 3:00:00 AM Sold Source New Value: $8,325,000
        This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by the San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc.

        Data Last Updated: 12/2/2020 9:56:54 AM.



        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.