351 55 W 8th Ave, Escondido, CA 92025
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Brittan Anderson

Brittan Anderson

+1(760) 766-1609
$ 699,000
Est. payment | /mo

7,052 Sqft Lot

Save
$ 699,000
Est. payment | /mo
Save

7,052 Sqft Lot

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID PTP2604604

HOA Y/N No

Year Built 1958

Lot Size 7,052 Sqft

Property Description

Opportunity to acquire two detached 2-bedroom, 1-bath homes with separate utilities situated on a 7,052 sq. ft. R-3 zoned lot in a centrally located Escondido neighborhood. Conveniently located near schools, shopping, restaurants, and major transportation corridors. Each unit offers private yard space, creating strong tenant appeal and long-term rental potential. Currently generating income with an estimated 6% cap rate, this property presents an excellent value-add opportunity for investors seeking to increase cash flow through renovations and rental repositioning. The large R-3 zoned lot may offer future expansion or redevelopment possibilities (buyer to verify). Whether you are seeking a long-term hold, a value-add renovation project, or a future development , this property offers multiple avenues to maximize returns. Ideal for investors, contractors, buyer's that are ready to roll up their sleeves, implement improvements, and unlock the property's full potential.

Location

State CA

County San Diego

Area 92025 - Escondido

Zoning R-3:Restricted Multiple

Interior

Heating Wall Furnace

Fireplace No

Laundry Inside

Exterior

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Sidewalks

View Y/N No

Total Parking Spaces 5

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 1

Sewer Public Sewer

New Construction No

Others

Senior Community No

Tax ID 2333710200

Acceptable Financing Cash, Conventional, Submit

Listing Terms Cash, Conventional, Submit

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Luda Phipps Luda Phipps, Broker 619-277-5474, DRE #02139266

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Brittan Anderson

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+1(760) 766-1609

banderson.ca@gmail.com

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351 55 W 8th Ave