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CBRE Facilitates $1.41M Sale Of 5-Unit Multifamily Property In Escondido, CA

Property Image
SOLD
$1,410,000
Daniel (Dan) Blackwell
Amanda Fielder

California

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MultiFamily5,080 SF
Sold 11/13/2023
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Property Image
SOLD

CBRE Facilitates $1.41M Sale Of 5-Unit Multifamily Property In Escondido, CA

419 West Fourth Avenue

See Similar Deals
MultiFamily5,080 SF
Sold 11/13/2023
Daniel (Dan) Blackwell
Amanda Fielder
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$277
Total Square Footage:5,080 SF
Transaction Type:Sale

The $1.41 million sale of a five-unit multifamily property located at 419 West Fourth Avenue in Escondido, California has been announced by CBRE. The property is situated in a strategic location and offers potential for value-add with features such as granite countertops, private patios, and strong rental demand. The property spans a total of 5,080 square feet and is situated on a 0.17-acre lot.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,410,000
  • Address: 419 West Fourth Avenue, Escondido
  • Market: Escondido
  • Acres: 0.17

The sale transaction was facilitated by Amanda Fielder and Daniel Blackwell of CBRE. They represented the seller and the buyer, a private investor engaged in a 1031 exchange.

Players

Daniel (Dan) Blackwell
CBRE
Daniel Blackwell
61 deals$439.4M volume(949) 725-8655
BROKER
Amanda Fielder
CBRE
Amanda Fielder
15 deals$94.7M volume
BROKER

Details

SOLD
IMAGE: Daniel Blackwell & Amanda Fielder DATE: 11/13/2023 ADDRESS: 419 West Fourth Avenue MARKET: Escondido ASSET TYPE: Multifamily ~ ACRES: 0.17 BROKERS: Amanda Fielder (@Amanda_Fielder_) & Daniel Blackwell (@MultiFamilySocal) - CBRE (@CBRE) SALE PRICE: $1,410,000 UNITS: 5 ~ PPU: $282,000 SF: 5,080 ~ PPSF: $278 NOTE: CBRE announced the $1.41 million sale of a five-unit multifamily property in Escondido, California, to a private investor in a 1031 exchange. The strategically located property offers value-add potential with features like granite countertops, private patios, and strong rental demand.

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