2222 Bear Valley Parkway, Escondido CA, 92027

Active

2222 Bear Valley Parkway

Escondido CA, 92027

$1,799,000

Active

Commercial

Listed by Gary Kaufman with South Coast Commercial, Inc. 619-226-6011

Easy cash flow opportunity in East Escondido. The Cambria Townhomes is a 5 unit apartment building that has been 80%(4 of the 5) renovated by the current ownership. Upgrades include but are not limited to quartz countertops in kitchens and baths as well as new cabinets, in unit washers and dryers, luxury vinyl plank flooring, dual pane vinyl windows, new exterior fencing for the back of the units, upgraded appliances and fixtures. Built in 1973, the property has spacious units with 3 of the 5 units townhouse style and the remaining 2 being flats. There is a direct entrance from the parking area into each unit for resident's convenience. The 5th unit was remodeled in 2018. Current ownership replaced the roof and fascia of the building in December 2023 and at the same time replaced the roof of the carports. There are RUBS in place that generate an additional $300 monthly offsetting the water, sewer, and trash expense. Walking distance to Orange Glen High School, this property is a cash cow with upside by completing the renovation of the 5th unit and raising rents over time knowing that there will be little ongoing maintenance due to the renovations. There are no balconies so no issues with SB 721.

250020076SD

MLSⓇ ID

February 26, 2025

Listed

February 28, 2025

Updated

Interior Features

Fireplace: No
Cooling: Yes
Heating: No

Exterior/Building Features

Lot Size: 0.36 Acres
Roof: Composition

Other Property Details

Area Name: 92027 - Escondido
Garage: No
Parking Total: 10
View: No
County: San Diego
Pool: No

Listing Contact: 619-226-6011

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/28/2025. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 2/28/2025 at 11:07 AM UTC