Single Family Home $ 725,000

351 55 W 8th Ave

Escondido, CA 92025

  • 7,052 Lot Size
  • 1958 Year Built
2 Homes on One Lot for the Price of One! A rare Escondido opportunity: TWO detached single-story homes on one R-3 zoned lot. Each home offers 2 bedrooms, 1 bath, its own separate utilities, and its own private yard a level of flexibility you almost never find at this price. Occupied by the same long-term tenants for more than 20 years, both homes are now available and ready for a new owner's vision. They do need repairs and remodeling, and the asking price reflects both the current condition and the real opportunity to add value. The possibilities are wide open. Live in one home and rent the other to offset your mortgage. Hold both as an investor for dual rental income. Or use the two-home layout for extended-family and multigenerational living with everyone under separate roofs, separate meters, and their own outdoor space. R-3 zoning also opens the door to future potential (buyer to verify with the City). Seller will entertain offers between $699,000 and $725,000.
Listed by Luda Phipps of Luda Phipps, Broker

PROPERTY DETAIL

  • Key Details

    Property Type Single Family Home

    Listing Status Active Under Contract

    Purchase Type For Sale

    MLS Listing ID PTP2604604

    HOA Y/N No

    Year Built 1958

    Lot Size 7,052 Sqft

  • Location

    State CA

    County San Diego

    Area 92025 - Escondido

    Zoning R-3:Restricted Multiple

  • Building

    Lot Description 2-5 Units/Acre

    Story 1

    Sewer Public Sewer

    New Construction No

  • Interior

    Heating Wall Furnace

    Fireplace No

    Laundry Inside

  • Exterior

    Garage Spaces 1.0

    Garage Description 1.0

    Pool None

    Community Features Sidewalks

    View Y/N No

    Total Parking Spaces 5

    Private Pool No

  • Others

    Senior Community No

    Tax ID 2333710200

    Acceptable Financing Cash, Conventional, Submit

    Listing Terms Cash, Conventional, Submit

    Special Listing Condition Standard

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CONTACT

Luda Phipps
Luda Phipps

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