2
beds
2
baths
1,108
sqft
Built in
1940
This property presents a unique investment potential in the southern part of Escondido. This opportunity becomes even more compelling when combined with the adjacent lot, which is also available for sale. When both properties are acquired together, there is the potential to develop up to 15 units in accordance with the city's zoning regulations in Escondido. Moreover, by focusing on affordable housing, there may be opportunities to secure additional bonus density units for the project. Alternatively, this property can be developed as a mixed-use space, featuring commercial storefronts at the front of the building and residential units on the upper floors. The possibilities are vast for this versatile investment opportunity. The adjacent lot will be added to the mls shortly as well.
-
Listing Status:
-
Active
-
Date Added:
- April 3, 2025
—
10 days ago
-
Listing Office:
-
Sterling Nests, Vikram Boregowda (858-345-0124)
-
Office Phone:
-
858-345-0124
-
MLS ID:
-
250023511
Features & Amenities
Interior
- Laundry:
- N/K
- A/C:
- Heat Pump(s)
- Heating:
- N/K, Natural Gas
Exterior
- General:
- Stucco
- Pool:
- N/K
- Parking:
- Carport, Parking spaces: 6
Construction
- Roofing:
- Shingle
- General:
- 1 Story
Location
- HOA Amenities:
- 0.0
- Originating MLS:
- SDMLS
- County:
- San Diego
Lot
- Topography:
- Level
- Zoning:
- R3, 236-120-16-00
- Fencing:
- Full
- Restrictions:
- None Known
Utilities
- Water:
- Meter on Property
- Sewer:
- Sewer Connected
Financial
- Source:
- SDMLS
- Ownership:
- Fee Simple
This listing courtesy of:
Sterling Nests, Vikram Boregowda
Monthly Payment
Sorry, we are unable to calculate an estimated monthly payment with these conditions.
For Regular Military with Good Credit and a 30 Year Loan with 0% Down
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
*Your actual payment may vary based on your unique situation.
$--- Est. Payment
-
$--- BAH
=
$--- Remaining
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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