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Listed by Luda Phipps, DRE #02139266 • Luda Phipps, Broker
$725,000
Est. payment /mo
7,052 Sqft Lot
Active
351 55 W 8th Ave Escondido, CA 92025
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPTP2604604
Year Built 1958
Lot Size 7,052 Sqft
Property Sub-Type Duplex
Source California Regional MLS
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
Area 92025 - Escondido
Interior
Heating Wall Furnace
Laundry Other
Exterior
Garage Spaces 5.0
Pool None
Others
Tax ID 2333710200
Special Listing Condition Not Applicable
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