Listed by: Bill Morton, eXp Realty of California, Inc.
$525,000
●
Mobile Manufactured -
Off Market
1716 Toyon Gln
Escondido, CA 92026
2 Beds
2 Baths
1,584 Ft²
$2,743
Est. Monthly
$165
HOA / Fees
5.79%
Cap Rate
About This Property
Welcome to the beautiful Senior Community of Citrus Gardens
featuring a very low home owners association, but will all the
amenities. This absolutely Stunning Home has been completely
renovated in and out! Featuring 2 bedrooms (3rd bedroom option of a
California/Sun Room), 2 bath home is extremely open, spacious and
light and bright with its white paint, new LED lighting and
fixtures. This home has been completely renovated and
remodeled from head to toe with features including an updated open
Kitchen with new light and bright white cabinets, quartz
counter-tops with farmhouse sink, new stainless steel appliances,
high grade plank flooring, new light fixtures throughout and a
fully fenced in yard. The permanent foundation has been completely
replaced and permitted per 433A by the best in the business,
sub-floor replaced and upgraded, new air conditioning unit as well
as a brand new roof. The community of Citrus Gardens has many
amenities including a pool & hot tub, shuffleboard courts, outdoor
seating and more. This home is a must see!!! Welcome to the
beautiful Senior Community of Citrus Gardens. This absolutely
Stunning Home has been completely renovated! 2 bedroom 2 bath home
with an additional spacious California room, this home features an
updated open Kitchen with new light and bright white cabinets,
quartz counter-tops, new stainless steel appliances, high grade
plank flooring, new light fixtures and fully fenced in yard. The
foundation has been completely replaced and upgraded as well as a
brand new roof. The community of Citrus Gardens has many
amenities including a pool & hot tub, shuffleboard courts, outdoor
seating. There is a great clubhouse that includes a large meeting
room & socializing area, a library, pool room, & large kitchen.
Unit Size
1,584 Ft²
Days on Market
59 days
Land Size
0.16 acres
Price per sqft
$331
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
$165
Year Built
1984
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (CRMLS #240012840SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 19, 2024 | Sold | ||
| Sold | |||
| Jun 6, 2024 | Listed by eXp Realty of California, Inc. | $525,000 | |
| Listed by eXp Realty of California, Inc. | |||
| Apr 20, 2024 | No longer available | - | |
| No longer available | |||
| Jan 29, 2024 | In contract | - | |
| In contract | |||
| Jan 16, 2024 | Listed by Keller Williams San Diego Metro | $300,000 | |
| Listed by Keller Williams San Diego Metro | |||
| | |||
|
**INVESTOR SPECIAL** This diamond in the rough is ready for your creative ideas! The home is in a 55+ senior living community & you own the land-no land lease! It is located next to amenities & guest parking. The monthly HOA is low @ $165 & covers trash, basic cable, & amenities including a clubhouse, library, card room, full kitchen, community gym, & TV lounge that opens up to a sundeck w/pool, spa, & shuffleboard. The backyard has room for entertaining & gardening. There is also a 2-car garage w/storage space. The manager has listed the unit size as 1584 square feet.
| |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Country Club
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Listed by: Bill Morton, eXp Realty of California, Inc.
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 240012840SD
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 240012840SD
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