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Listed by Steve Brant • Instaclose R.E. Enterprises
$800,000
Est. payment /mo
5 Beds
4 Baths
2,652 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,652 sqft
Price per Sqft $301
MLS Listing ID CRPT25105669
Bedrooms 5
Full Baths 4
Year Built 1952
Lot Size 6,996 Sqft
Property Sub-Type Single Family Home
Source California Regional MLS
Property Description
Prime Escondido Opportunity with Income-Producing ADU & Expansion Potential. - Unlock the full potential of a multi-family estate in vibrant Central Escondido, offering unmatched versatility for homeowners and investors. This property features a 3-bedroom, 2¾-bath main home (1,802 sq. ft.) and a fully permitted, detached 2/2 Accessory Dwelling Unit (ADU) at 224 W. 8th with. With a 7,000 sq. ft. lot zoned for single-family and ADU use, this property not only delivers immediate rental income but also offers the exciting possibility of adding additional ADUs, subject to City of Escondido regulations. The main house, equipped with central HVAC, a spacious master suite, and a private yard with a newer roof, provides a solid foundation for your vision. While it retains its original character and may benefit from updates, it's a blank canvas to create your dream home. The detached ADU, built in 2021 with stainless steel appliances, hardwood flooring, LED rain showers, and zoned ductless HVAC, is a phenomenal revenue source or home. With its own address, separate electric meter, washer/dryer hookups, and private courtyard, it's ideal for tenants or family. Both homes are leased through November 2025, generating $4,250/month for the main house and $2,850/month for the ADU-totali
Location
State CA
County San Diego
Area 92025 - Escondido
Zoning R1
Rooms
Family Room Other
Kitchen Other
Interior
Heating Forced Air
Cooling Central AC
Fireplaces Type None
Laundry Gas Hookup, Other
Exterior
Parking Features Off-Street Parking, Uncovered Parking
Pool None
View None
Building
Lot Description Grade - Level
Story One Story
Water District - Public
Others
Tax ID 2333620800
Special Listing Condition Not Applicable
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