845 W 3rd, Escondido, CA 92025
- $890,000
- 4
- BD
- 2
- BA
- List Price
- $890,000
- Days on Market
- 6
- Status
- ACTIVE
- MLS#
- 260017933
- Bedrooms
- 4
- Bathrooms
- 2
- Lot Size(apprx.)
- 5,825
- City
- Escondido
- Neighborhood
- Escondido
- School District
- Escondido Union School District
- Complex/Building Name
- N
- Property Type
- Multifamily
- Year Built
- 1931
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.
Additional Information
- Building Name
- N
- Cooling
- None
- Frontage
- Open Space
- Heating
- Gravity
- Lot Size
- 5,825
- Neighborhood
- Escondido
- Pets Allowed
- Yes
- Roof
- Composition
- School District
- Escondido Union High School Dist
- Tenant Pays
- Cable TV, Electricity, Gardener, Hot Water
- View
- Other
- Year Built
- 1931
Mortgage Calculator
Listing courtesy of Listing Agent: Elaheh Shaubani (858-500-9440) from Listing Office: Bluxen, Inc..
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