228 E 15th Ave, Escondido, CA 92025

Escondido
Local realty services provided by:ERA North Orange County Real Estate
228 E 15th Ave,Escondido, CA 92025
$899,000
  • 4 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: mark j schwartz, lucca t grassi
Office: compass
MLS#:260014598
Source:San Diego MLS via CRMLS

Price summary

  • Price:$899,000

About this home

Investor and developer opportunity! Situated on a spacious 9,000 SF R-2 lot, this income-producing property features a 3-bedroom home plus a detached guest unit generating a combined $5,800/month in rental income. The oversized lot offers excellent potential for expansion, including the possibility of adding an ADU, increasing rental income, or exploring additional development opportunities (buyer to verify with local planning and zoning authorities). Whether you're seeking strong cash flow, value-add upside, or long-term development potential, this versatile property presents a rare opportunity in a desirable location. Highlights: 3-bedroom main residence + guest unit 9,000 SF R-2 zoned lot $5,800/month current gross rental income Potential to add an ADU Expansion and redevelopment possibilities Ideal for investors, owner-users, or developers

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Home facts

  • Year built:1955
  • Listing ID #:260014598
  • Added:1 day(s) ago
  • Updated:June 17, 2026 at 03:41 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2

Heating and cooling

  • Heating:Floor Furnace

Structure and exterior

  • Roof:Composition
  • Year built:1955
  • Construction Materials:Stucco
  • Levels:1 Story

Utilities

  • Water:Available
  • Sewer:Sewer Available

Finances and disclosures

  • Price:$899,000
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