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$340,000
$395,000
13.9%For more information regarding the value of a property, please contact us for a free consultation.
3125 31 Borrego Springs Rd Borrego Springs, CA 92004
0.53 Acres Lot
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 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
Rooms
Ensuite Laundry None
Interior
Laundry Location None
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
Lease Land No
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Bought with Kerry Christenson • Coldwell Banker Borrego