505 San Pasqual valley Rd 172, Escondido, CA 92027

Property Description

Upper level 2br Unit in interior location of the quaint Heritage at Canyon Pointe complex. This original owner has multiple units in the complex and is offering two for sale. Currently rented to a long term tenant that would like to stay but is below market at $1,400. Current market is $1,650 to $1,750. Cute unit with split bedrooms, granite counters, washer dryer in unit, view deck. Due to the owner occupancy ratio, conventional financing may be difficult to obtain, please see supplement for comments. [Supplement]: Due to the owner current owner occupancy ratio (one owner holds a large portion of the units), conventional financing is diffficult to obtain. with the exception of VA.(new note! we are in escrow with unit number 160 and found a portfolio lender that will lend to owner occupied with 10 per cent down). This results in the lower comparable prices here to similar complexes and provides a great value opportunity for cash buyers. NOTE we are currently working with a lender that has portfolio money at market rates and claims they can finance for owner occupied only. call dale for scoop. Complex features two pools and spas, BBQ area as well as a clubhouse.