351 8th Ave, Escondido, CA 92025

Escondido
Local realty services provided by:ERA North Orange County Real Estate
351 8th Ave,Escondido, CA 92025
$699,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: luda phipps
Office: luda phipps, broker
MLS#:PTP2604604
Source:CAREIL

Price summary

  • Price:$699,000

About this home

Opportunity to acquire two detached 2-bedroom, 1-bath homes with separate utilities situated on a 7,052 sq. ft. R-3 zoned lot in a centrally located Escondido neighborhood. Conveniently located near schools, shopping, restaurants, and major transportation corridors. Each unit offers private yard space, creating strong tenant appeal and long-term rental potential. Currently generating income with an estimated 6% cap rate, this property presents an excellent value-add opportunity for investors seeking to increase cash flow through renovations and rental repositioning. The large R-3 zoned lot may offer future expansion or redevelopment possibilities (buyer to verify). Whether you are seeking a long-term hold, a value-add renovation project, or a future development , this property offers multiple avenues to maximize returns. Ideal for investors, contractors, buyer's that are ready to roll up their sleeves, implement improvements, and unlock the property's full potential.

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Home facts

  • Year built:1958
  • Listing ID #:PTP2604604
  • Added:1 day(s) ago
  • Updated:June 16, 2026 at 04:08 PM

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1958
  • Lot area:0.16 Acres
  • Lot Features:Mid Block

Finances and disclosures

  • Price:$699,000
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