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$ 725,000
Est. payment /mo
Active
351-55 W 8th Ave Escondido, CA 92025
4 Beds
2 Baths
7,052 Sqft Lot
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
2 Homes on One Lot for the Price of One! A rare Escondido opportunity: TWO detached single-story homes on one R-3 zoned lot. Each home offers 2 bedrooms, 1 bath, its own separate utilities, and its own private yard a level of flexibility you almost never find at this price. Occupied by the same long-term tenants for more than 20 years, both homes are now available and ready for a new owner's vision. They do need repairs and remodeling, and the asking price reflects both the current condition and the real opportunity to add value. The possibilities are wide open. Live in one home and rent the other to offset your mortgage. Hold both as an investor for dual rental income. Or use the two-home layout for extended-family and multigenerational living with everyone under separate roofs, separate meters, and their own outdoor space. R-3 zoning also opens the door to future potential (buyer to verify with the City). Seller will entertain offers between $699,000 and $725,000.
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
Listed by Luda Phipps, DRE#02139266 Luda Phipps, Broker