1015 E Ohio Ave, Escondido, CA 92025

5.22% Cap Rate with Upside! The Bali Apartments is a fully renovated 15-unit apartment building located in the heart of Escondido in North County San Diego. The property features all 1 bed 1 bath units of approximately 630 square feet and abundant parking with 22 surface spaces, 14 of which are covered. Each unit has modern finishes including fully renovated kitchens and bathrooms along with new flooring, fixtures and dual pane vinyl windows. Kitchens feature countertop seating, stainless appliances, luxury gas ranges and floating vent hoods. Each unit also has an air conditioning unit. Major recent improvements include a full roof replacement in 2023 and new electrical panels in all units in 2021.