340 Lansing Cir

The city of Escondido occupies a shallow valley ringed by rocky hills, just north of the city of San Diego, California. Founded in 1888, it is one of the oldest cities in San Diego County. The city is growing at a rapid rate with lots of new communities such as Downtown Escondido coupled with original communities such as Old Escondido.  More and more people are making Escondido their "City of Choice." As the heart of San Diego North, it is one of the few remaining communities where people of all income levels can enjoy the Southern California lifestyle. It offers attractive homes in a wide range of prices, two lakes, several parks, a sports center, golf courses, restaurants, wineries, shopping centers, comprehensive healthcare and the nearby San Diego Zoo Safari Park. In addition, the California Center for the Arts, Escondido, brings world class entertainment to the area along with Queen Califia's Magical Circle, a sculpture garden in Kit Carson Park donated by late internationally renowned artist Niki de Saint Phalle.340 Lansing Circle is a 4-plex located in North County San Diego Community of Escondido. The complex consists of all large 2 bedroom 1 bath units in a rapidly gentrifying area of central Escondido. The spacious rentals are approx. 875 sq ft each. Included with this particular parcel is an additional approx. 6,300 sq ft of level land that could be an excellent location for potential ADUs. The building has its own laundry room with coin operated washer/dryer. Additional storage room for owner. The HOA pays for common area landscape/maintenance, trash, and an onsite manager. Property can be purchased individually or with another 4-plex at 355 Lansing Circle. Take advantage of this high demand asset with significant value add potential.