355 8th Avenue, Escondido, CA 92025
List Price: $740K
Listing Status: Active
Original List Price: $775K
0Days on Market: 2
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1958
Lot Size: 7,052 sq ft
Private Pool: Yes
MLS Number: 260008793SD
About This Property
Investor Special – Value-Add Duplex on Large Lot in 92025 Rare opportunity to acquire a tenant-occupied duplex on a spacious ~7,052 sq ft lot in a desirable Escondido location. Property features two separate houses 2BR/1BA each (approx. 716 sq ft front house and 715 sq ft rear house), each with private yard space and strong long-term occupancy. Current rents total $3,700/month with tenants in place over 20 years, offering immediate income and significant upside potential. Major fixer – property requires full renovation (plumbing, kitchen, baths, and overall interior/exterior upgrades). Ideal for experienced investors, contractors, or buyers seeking a value-add opportunity with the ability to reposition and increase rents over time. Large lot provides excellent potential expansion opportunities Sold AS-IS. Tenant occupied. Do not disturb occupants. Interior inspection subject to accepted offer. Buyer to verify all information, including zoning, permits, and development potential. Opportunity highlights: Duplex: Two 2BR/1BA units (~1,431 sq ft total) Approx. 7,052 sq ft lot Strong upside in rents after renovation Long-term tenants provide stable baseline income Potential expansion (buyer to verify) Bring your vision and unlock the full potential of this centrally located investment property.
Listing provided by: Sandy Biondo DRE #01172865 619-447-1417 sandy@consolidatedlenders.com, Three Coins Realty
Source: CRMLS