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$ 1,049,000
Est. payment | /mo
6,904 Sqft Lot
$ 1,049,000
Est. payment | /mo
6,904 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision South Escondido
MLS Listing ID 250027109SD
HOA Y/N No
Year Built 1970
Lot Size 6,904 Sqft
Property Description
Detached Duplex with $87K+ Annual Income in Revitalized Downtown Escondido. Unlock rare versatility with this private, income-producing duplex—two fully detached homes on one lot—set in the heart of Escondido's walkable downtown. Whether you're an investor seeking strong returns or a buyer looking to offset your mortgage, this property offers a unique blend of financial power and lifestyle comfort. Each single-story unit enjoys private yards, separate entrances, and its own laundry. The front 3BD/2BA unit boasts over 1,400 sq ft of bright, open living space, while the 2BD/2BA rear unit (with separate address) functions as a high-performing rental, guesthouse, or home office. With over $87K/year in verified income and tenants covering most utilities, the cash flow makes sense from day one. Tucked behind a stylish modern fence on a nearly 7,000 sq ft lot, the property features updated landscaping, newer appliances, smart lighting, energy-efficient windows, and over $89K in recent upgrades. Minutes to Grand Ave's cafes, Sprouts, parks, and the I-15, this location delivers both charm and convenience. Highlights: Gross rents of $7,300/month; Potential 8%+ cap rate; Perfect for house hacking, multigenerational living, or passive income; Zoned for growth near the Grand Ave Vision Project and Palomar Heights redevelopment. Live in one, rent the other—or grow your portfolio with a turnkey, high-yield asset in one of North County's fastest-rising urban hubs. *Some photos are virtually staged.
Location
State CA
County San Diego
Area 92025 - Escondido
Building/Complex Name Escondido
Interior
Cooling See Remarks
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 2360510700
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Listed by Jesse Morrison • HomeSmart Realty West
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
25101 The Old Road Suite 240, Ranch, Ca, 91381, United States