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$890,000
Est. payment /mo
5,823 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Southeast Escondido
MLS Listing ID 260017933SD
HOA Y/N No
Year Built 1931
Lot Size 5,823 Sqft
Property Description
INVESTOR ALERT – CASH FLOW TODAY, EVEN GREATER RETURNS TOMORROW Exceptional investment opportunity in the heart of Escondido. This income-producing property features two detached residences currently generating approximately $5,700 per month in rental income, providing immediate cash flow from day one. What truly sets this property apart is the fully approved plans and permits for a new 634 SF ADU. Investors can begin construction while continuing to collect rental income from the existing units, creating a rare opportunity to increase cash flow without interrupting current revenue. Investment Highlights • Two detached income-producing residences • Approximately $5,700/month current rental income • Fully approved and permitted 634 SF ADU • Opportunity to add a third income-producing unit • Continue collecting rent during ADU construction • Strong long-term appreciation potential • Excellent opportunity for investors seeking immediate income and future upside Whether you're expanding your real estate portfolio, completing a 1031 exchange, or searching for a high-potential value-add asset, this property offers an exceptional combination of current income, approved expansion, and long-term growth. Properties offering existing cash flow together with shovel-ready expansion opportunities rarely become available. Contact the listing agent today for rental information, approved ADU plans, and additional investment details.
Location
State CA
County San Diego
Area 92025 - Escondido
Building/Complex Name N
Zoning R-2:MINOR
Interior
Heating 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
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 2322900500
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Virtual Tour https://www.propertypanorama.com/instaview/snd/260017933
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Listed by Elaheh Shaabani Bluxen, Inc. #02431112
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