145-225 El Norte Parkway, Escondido, CA 92026

$13,950,000
6
BD

Property Description

Hilltop Condos consists of a bulk sale of 51-units in a 105-unit complex built in 1988. All units are two-bedroom, two-bath floor plans with fireplaces and in-unit washer and dryers. The property was highly renovated in 2006 and has numerous amenities including two swimming pools and spas, a fitness center, leasing office and beautifully landscaped grounds. A future investor can enjoy low operating costs due to the age of construction and recent renovation. Further, the Home Owners Association is responsible for the maintenance of the exterior and common areas. Hilltop Condos may be exempt from California's rent control law (AB1482) with proper tenant noticing and vesting. Hilltop Condos is located in a convenient Escondido location with direct freeway access and proximity to convenient shopping and community amenities.

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Courtesy of Eric D. Comer, Broker, Eric D Comer.

Last Updated: Source: Sandicor Regional MLS

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange(c) Program of SANDICOR Regional MLS. Real estate listings held by brokerage firms other than the listing office named includes the name of the listing brokers. Information is believed to be reliable, but not guaranteed.