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Now shovel-ready with fully approved plans. Located in the heart of Old Escondido, 321 E 8th Ave presents a rare urban redevelopment opportunity—thoughtfully transformed from a single-family residence into a modern, well-designed triplex. The approved plans feature one 2-bed/2-bath unit, one spacious 2-bed/1-bath unit, and one expansive 3-bed/2.5-bath residence. Each unit is designed with open-concept living spaces, contemporary finishes, clean architectural lines, and abundant natural light. All three units offer private entrances, dedicated parking, and generous outdoor patios or yard areas, delivering exceptional privacy and livability for a property in such a central location. The elevated primary residence captures impressive southwest-facing views, including city lights, downtown San Diego, and ocean glimpses on clear days—an outstanding feature that enhances both lifestyle and long-term value. Designed with sustainability in mind, the project incorporates energy-efficient systems, eco-conscious materials, and durable construction aimed at reducing long-term operating costs. The contemporary two-story architecture and efficient layouts create bright, open, and highly functional living environments throughout. Situated in a high-demand rental market and surrounded by the historic charm of Old Escondido, this versatile triplex offers excellent potential for investors, multi-generational living, or an owner-occupant seeking supplemental income. A unique opportunity combining modern design, strong rental appeal, and a prime location.
Listing agent: Steve Hasani DRE #01317967 steveh@flfcorp.com, Listing office: First Liberty Real Estate
MLS data updated 10/19/2026, 4:30:39 AM PT
Source: CRMLS, MLS #: 250046083SD
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Apr 28, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$585,000Closed sale · Apr 28, 2026ZIP 92025 · Apr 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.