The free-standing, 2,025-square-foot retail building, at 413-415 W. Grand Ave. in Escondido 92025, has been sold for $1 million.
The buyer was AMS Financial Management Corp., 11838 Bernardo Plaza Court, San Diego 92128. Pauline Gourdie is president of AMS, and Brian Bonar is the secretary.
The seller of the property (assessor's parcel 233-041-06) was William Steven Sapp. The seller took back a trust deed for $750,000.
The building was constructed in 1947 on a 3,484-square-foot lot.
In May 1997, the property was sold for $92,500, with financing of $98,000 from North County Bank. In August 2008, the property was sold for $400,000.
The one-story building is divisible and located in Escondido's historic downtown business district.
The rear of the building includes parking and is served by an alley.
Comments are moderated by SDDT, in accordance with the SDDT Comment Policy, and may not appear on this commentary until they have been reviewed and deemed appropriate for posting. Also, due to the volume of comments we receive, not all comments will be posted.
SDDT Comment Policy: SDDT encourages you to add a comment to this discussion. You may not post any unlawful, threatening, defamatory, obscene, pornographic or other material that would violate the law. All comments should be relevant to the topic and remain respectful of other authors and commenters. You are solely responsible for your own comments, the consequences of posting those comments, and the consequences of any reliance by you on the comments of others. By submitting your comment, you hereby give SDDT the right, but not the obligation, to post, air, edit, exhibit, telecast, cablecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comment(s) and accompanying personal identifying and other information you provide via all forms of media now known or hereafter devised, worldwide, in perpetuity. SDDT Privacy Statement.
All contents herein copyright San Diego Source ® 1994-2016