OPEN HOUSE
Sat May 31, 12:00pm - 12:00pm
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 2,652 sqft
Price per Sqft $301
Subdivision Southwest Escondido
MLS Listing ID PT25105669
Bedrooms 4
Full Baths 3
HOA Y/N No
Year Built 1952
Lot Size 6,995 Sqft
Property Sub-Type Single Family Residence
Property Description
Unlock the full potential of a multi-family estate in vibrant Central Escondido, offering unmatched versatility for homeowners and investors. This property features a 3-bedroom, 2¾-bath main home (1,802 sq. ft.) and a fully permitted, detached 2/2 Accessory Dwelling Unit (ADU) at 224 W. 8th with. With a 7,000 sq. ft. lot zoned for single-family and ADU use, this property not only delivers immediate rental income but also offers the exciting possibility of adding additional ADUs, subject to City of Escondido regulations.
The main house, equipped with central HVAC, a spacious master suite, and a private yard with a newer roof, provides a solid foundation for your vision. While it retains its original character and may benefit from updates, it's a blank canvas to create your dream home. The detached ADU, built in 2021 with stainless steel appliances, hardwood flooring, LED rain showers, and zoned ductless HVAC, is a phenomenal revenue source or home. With its own address, separate electric meter, washer/dryer hookups, and private courtyard, it's ideal for tenants or family.
Both homes are leased through November 2025, generating $4,250/month for the main house and $2,850/month for the ADU—totaling $7,100/month. Leases can be terminated upon sale, allowing you to occupy one or both homes, live in one while renting the other, or continue leasing for cash flow. This property is a standout in the competitive 92025 zip code, where homes sell quickly.
ADU Expansion Potential: Per Escondido's zoning regulations you may be able to add a JADU, provided it meets size, setback (4' side/rear), and utility requirements. Additionally, California's 2025 laws (SB 1211) may allow further ADU development on lots with existing multi-family structures. Confirm feasibility with Escondido's Planning Division.
Located in walkable Central Escondido, enjoy proximity to Felicita and Kit Carson Parks, shopping, and dining. Blocks from revitalized Grand Avenue, you'll find trendy shops, breweries, and restaurants, with ongoing revitalization enhancing the area's historic charm and modern appeal. The Escondido Transit Center, 1.1 miles away, connects to Oceanside and Carlsbad via Sprinter light rail.
Transform the main house, leverage the ADU's income, or explore expansion—seize this rare chance to own a versatile property and create your own bright future.
Location
State CA
County San Diego
Area 92025 - Escondido
Zoning R1
Rooms
Main Level Bedrooms 5
Interior
Interior Features Bedroom on Main Level, Galley Kitchen
Heating Ductless, Forced Air
Cooling Central Air, Ductless
Fireplaces Type None
Fireplace No
Laundry Gas Dryer Hookup, Inside, See Remarks
Exterior
Parking Features On Street, Uncovered
Pool None
Community Features Biking, Curbs, Suburban, Sidewalks
View Y/N No
View None
Private Pool No
Building
Lot Description Lawn, Level, Rectangular Lot
Dwelling Type House
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Schools
School District Escondido Union
Others
Senior Community No
Tax ID 2333620800
Acceptable Financing Cash, Conventional, Cal Vet Loan, 1031 Exchange, FHA 203(b), FHA 203(k), FHA, Fannie Mae, Freddie Mac, VA Loan
Listing Terms Cash, Conventional, Cal Vet Loan, 1031 Exchange, FHA 203(b), FHA 203(k), FHA, Fannie Mae, Freddie Mac, VA Loan
Special Listing Condition Standard
