351-55 W 8th Ave, Escondido, CA 92025
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
Kobe Zimmerman

Kobe Zimmerman

+1(858) 753-3353
$699,000
Est. payment /mo
4 Beds
2 Baths
7,052 Sqft Lot
Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PTP2604604

Bedrooms 4

Lot Size 7,052 Sqft

Property Sub-Type Res Income 2-4 Units

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

Zoning Assessor

Direction Centre City Parkway, go east on 9th to Orange Avenue, Go North on 8th Avenue, East on 8th and the property is to the right

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 2333710200

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Read Less Info
MLS Router / San Diego MLS
Listed by Luda Phipps, DRE#02139266 Luda Phipps, Broker 

MORTGAGE CALCULATOR

The rate, insurance and terms in the calculator are placeholders and should be adjusted to reflect current market and legislative changes.  
$
$
%
%
Advanced
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.

NEARBY SCHOOLS & PROPERTIES

Go tour this home

351-55 W 8th Ave