$890,000
Est. payment /mo
4 Beds
2 Baths
5,825 Sqft Lot
New
845 W 3Rd Escondido, CA 92025
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Southeast Escondido
MLS Listing ID 260017933
Bedrooms 4
Full Baths 2
Year Built 1931
Lot Size 5,825 Sqft
Lot Dimensions 54X105
Property Sub-Type Res Income 2-4 Units
Property Description
Rare opportunity to own a versatile income-producing property featuring two detached residences on one lot, with fully approved plans and building permits for a third unit. The front unit currently generates approximately $3,800 per month, and the detached back unit generates approximately $1,900 per month, for a total current rental income of approximately $5,700 per month.The approved 600 sq. ft. ADU is ready for immediate construction and will be attached to the back unit. The best part is that neither the front unit nor the back unit needs to be vacated during construction of the third unit, allowing you to continue collecting rental income while the project is being built.
Location
State CA
County San Diego
Area North County
Zoning R-2:MINOR
Interior
Heating Wall/Gravity
Fireplace No
Exterior
Fence Partial
Utilities Available Sewer Connected
View Y/N Yes
Water Access Desc Meter on Property
View Other/Remarks
Roof Type Composition
Building
Story 1
Water Meter on Property
Level or Stories 1
Schools
School District Escondido Union High School Dist
Others
Senior Community No
Tax ID 232-290-05-00
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Listed by Elaheh Shaubani, DRE#02431112 Bluxen, Inc.