Property Detail

Description

Discover an exceptional investment opportunity in the heart of Escondido! Situated on an approximately 11,859 sq. ft. corner lot, this property features two attached units totaling approximately 1,948 sq. ft. One unit offers 2 bedrooms and 1 bathroom; the other offers 3 bedrooms and 1 bathroom. Both units are occupied by established tenants on month-to-month leases, generating approximately $6,000 in combined monthly rent. According to the property management company, the tenants have generated relatively few maintenance requests over the past eight years. The generous lot and secondary access from the backyard add appeal for investors interested in exploring future development. Buyers may investigate the possibility of adding two ADUs or up to three additional units, subject to zoning, feasibility, permits, and city approval; no additional units are guaranteed. Conveniently located near Downtown Escondido, shopping, dining, parks, schools, and major transportation routes. Whether you're expanding your rental portfolio or seeking a property with long-term upside, this versatile offering combines existing rental income, desirable lot size, and exciting possibilities for the future. Buyer to verify all information, including rents, tenancy, unit details, and development potential.