222-224 W 8th Ave, Escondido, CA 92025

Escondido
Local realty services provided by:ERA North Orange County Real Estate
222-224 W 8th Ave,Escondido, CA 92025
$1,199,999
  • 5 Beds
  • 5 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: taylor d ryan
Office: sundae funding, inc.
MLS#:260004925
Source:San Diego MLS via CRMLS

Price summary

  • Price:$1,199,999

About this home

Income-Producing Duplex with Triplex Layout – 6.84% Cap at $1M Rare opportunity to acquire a cash-flowing property in central Escondido with a versatile 3-unit configuration. Technically a duplex, the property functions as a triplex: the front unit (222) is a spacious 3BD/2.5BA, while the rear structure (224) is divided into two fully independent 1BD/1BA units—each with its own kitchen and full bath. Current total rental income is $6,950/month ($83,400 annually). Projected cap rates: 6.84% at $1,000,000 | 6.21% at $1,100,000 | 5.70% at $1,200,000. Each unit is separately metered for SDG&E, with tenants paying their own gas and electric. Owner expenses are minimal, averaging approximately $500/month in total for water/trash for both units, and $500/month for professional property management of both units. Strong in-place income, flexible layout, and solid cap rate potential make this an excellent opportunity for investors seeking immediate cash flow in a high-demand rental market.

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Home facts

  • Year built:1952
  • Listing ID #:260004925
  • Added:11 day(s) ago
  • Updated:March 15, 2026 at 02:26 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:5
  • Full bathrooms:4
  • Half bathrooms:1

Heating and cooling

  • Cooling:Central Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1952
  • Construction Materials:Stucco
  • Levels:1 Story

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,199,999
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