228 E 15th Ave, Escondido, CA 92025
228 E 15th Ave, Escondido, CA 92025
228 E 15th Ave, Escondido, CA 92025
228 E 15th Ave, Escondido, CA 92025
228 E 15th Ave, Escondido, CA 92025
228 E 15th Ave, Escondido, CA 92025
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Brittan Anderson

Brittan Anderson

+1(760) 766-1609
$ 899,000
Est. payment | /mo
Save Virtual Tour
$ 899,000
Est. payment | /mo
Save Virtual Tour

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision South Escondido

MLS Listing ID 260014598SD

HOA Y/N No

Year Built 1955

Property Description

Investor and developer opportunity! Situated on a spacious 9,000 SF R-2 lot, this income-producing property features a 3-bedroom home plus a detached guest unit generating a combined $5,800/month in rental income. The oversized lot offers excellent potential for expansion, including the possibility of adding an ADU, increasing rental income, or exploring additional development opportunities (buyer to verify with local planning and zoning authorities). Whether you're seeking strong cash flow, value-add upside, or long-term development potential, this versatile property presents a rare opportunity in a desirable location. Highlights: 3-bedroom main residence + guest unit 9,000 SF R-2 zoned lot $5,800/month current gross rental income Potential to add an ADU Expansion and redevelopment possibilities Ideal for investors, owner-users, or developers

Location

State CA

County San Diego

Area 92025 - Escondido

Zoning R-2

Interior

Heating Floor Furnace, Natural Gas

Cooling None

Fireplace No

Appliance Gas Water Heater

Exterior

Fence Partial

Pool None

View Y/N Yes

Roof Type Composition

Private Pool No

Building

Lot Description Sprinkler System

Story 1

Entry Level One

Level or Stories One

Others

Senior Community No

Tax ID 2335931000

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/snd/260014598

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Mark Schwartz Compass #01001222

Schools and Properties Nearby

Brittan Anderson

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(760) 766-1609

banderson.ca@gmail.com

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228 E 15th Ave