406 Grape St

406 Grape St #426

D

Escondido, CA 92025

$1,300,000

Beds

Baths

Sqft

2,410

Year Built

1957

Days on Market

9

Property Type

Multi-Family

HOA/mo

N/A

MLS ID

PTP2602178

Description

OWNER-USER GEM IN THE HEART OF DOWNTOWN ESCONDIDO – This well-maintained triplex lives like individual homes. Each unit features spacious layouts, large private yards both front and back, individual indoor laundry rooms, and attached garages. Recent upgrades include rerouted plumbing, new fencing, and fully separated SDG&E meters. Unit 426 has been extensively renovated with new hardwood floors, a complete kitchen and bath remodel, and modern finishes throughout. Current rents are below market: Unit 406 – $2,695, Unit 416 – $2,595, Unit 426 – $2,999, offering excellent upside potential. Located in a highly walkable area close to shopping, dining, and freeway access. Whether you're expanding your portfolio or seeking an owner-occupied opportunity, this high-demand triplex delivers stable income, long-term growth, and significant value-add potential.

Mortgage Calculator

Est. Monthly Payment

$8,253

Principal & Interest$6,574
Property Tax$1,300
Insurance$379
%($260,000)
%

Investment Score

1D
Est. Monthly Rent
$3,833
Monthly Cashflow

Rent − PITI − HOA

$-4,420
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,384

Mortgage (P+I)
$6,574
Cap Rate
0.17%
Cash-on-Cash
-29.47%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.46
Break-even Rent
$12,124

NOI (Annual)
$2,269
Price-to-Rent

Lower = better for investors

28.3

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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