3125 31 Borrego Springs Rd, Borrego Springs, CA 92004
$340,000
$395,000
13.9%
Est.Price: ?

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0.53 Acres Lot

3125 31 Borrego Springs Rd Borrego Springs, CA 92004

Est. payment /mo
SOLD DATE : 10/31/2023

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Key Details

Sold Price $340,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID NDP2301917

Sold Date 10/31/23

HOA Y/N No

Year Built 1966

Lot Size 0.530 Acres

Property Sub-Type Quadruplex

Property Description

Fantastic 4 unit property below $500k in the beautiful community of Borrego Springs! All units are 1 bedroom 1 bath. This is ideal situation for investor or live full or part time while paying for itself. The existing property was recently acquired and two of the units have been remodeled and leased to show the substantial increase in income. The two other units can be remodeled for an increase in rent. New septic system has been installed, each unit has 100 amp panels and all have newer split systems for energy efficient cooling/heating. Over a half acre lot. Beautiful views of the mountains and easy bike ride to Borrego Springs, Christmas Circle. Buyer to verify all. Seller may carry.

Location

State CA

County San Diego

Area 92004 - Borrego Springs

Zoning Multi Family Residential

Interior

Fireplace No

Laundry None

Exterior

Carport Spaces 4

Pool None

Community Features Rural

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Lot Description Level

Story 1

Water Public

Others

Senior Community No

Tax ID 1982510500

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

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Listed by Kerry Christenson Coldwell Banker Borrego #01184759
Bought with Kerry Christenson Coldwell Banker Borrego
Jessica Lam

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