1060 Hamilton Lane, Escondido, CA 92029

$999,000 Asking Price

3 beds
3 baths
1,850  sqft
Built in 1957

Spacious 1/2-Acre Corner Lot presents an incredible Investment Opportunity in the Desirable Location of West Escondido! With ample room for Expansion, this property is perfect for building an ADU or Other Income-Generating Structures. Whether youre an Investor looking for a Rental Property with High-Income Potential or a Homeowner looking to build your dream Multi-Unit Home for the entire familythis property has Endless Possibilities! This REMODELED 1,850 sq ft Modern home impresses with a bright Open Floorplan, Laminate Flooring and High-End Fixtures throughout. High Wood-Beamed Ceilings and a Marble Tile Fireplace grab your attention as you walk through the door. Chefs Kitchen with Quartz Waterfall Edge Countertops, Floating Shelves, Large Farmhouse Sink, Commercial Grade Stove and Hood. With 3 Generously-Sized Bedrooms, Large Walk-In Closets and 3 Full Bathrooms, there is Plenty of Room for a Large Family or Multi-Roommate Situation. The Lot itself offers Flexibility and Favorable Zoning Potential to Maximize its Valuewith Features such as Multiple Entry Points from 2 Streets, Excellent Parking Potential (including RV), R-E Zoning (Residential Estate) for Additional Dwellings, Structures and Development Opportunities (i.e. Day Care, Residential Care, Agricultural Crops, Orchards, Vineyards and more). Being conveniently located just minutes from Shopping, Restaurants and Schools, makes this an attractive Rental or Residential Hot Spot. Dont Miss Out on this RARE OPPORTUNITY with Excellent Potential for Growth and Long-Term VALUE! **See County of San Diego's Zoning info fo

Features & Amenities

Interior

General:
Beamed Ceilings,Recessed Lighting
Laundry:
Garage
Flooring:
Laminate
A/C:
Central Forced Air
Heating:
Forced Air Unit, Natural Gas
Fireplace:
FP in Living Room

Exterior

General:
Stucco
Style:
Ranch
Pool:
N/K
Parking:
Parking spaces: 2

Construction

Roofing:
Composition
General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
San Diego

Lot

Zoning:
E1 (Estate, 2381012200
View:
Neighborhood,Trees/Woods
Fencing:
Chain Link

Utilities

Utilities:
Electricity Connected,Natural Gas Connected,Water Connected
Water:
Public
Sewer:
Conventional Septic

Financial

Source:
California Regional MLS

This listing courtesy of:
Allison James Estates & Homes, April Denson

About Escondido, CA

Housing

Number of Units
63,924
Median Home Value
$541,579
Median Rent
$1,464

40.98% of housing units are renter occupied.

3.83% are vacant.

Commute

Car
73.44%
Public Transportation
1.55%
Walk to Work
1.38%
Work from Home
21.28%
Other
1.77%

The median travel time to work is 24 minutes.

People

Population
186,034
Median Age
36.60
Median Household Size
3.02

Education

High School
21.30%
Associate’s Degree
6.83%
Bachelor’s Degree
18.76%
Graduate Degree
10.68%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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