228 E 15th Ave, Escondido, CA 92025

$799,000
4
BD
2
BA

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Sold Price
$799,000
List Price
$799,000
Closing Date
Aug 08, 2025
Days on Market
41
Status
CLOSED
MLS#
250032041
Bedrooms
4
Bathrooms
2
City
Escondido
Neighborhood
Escondido
Complex/Building Name
N/A
Property Type
Multifamily
Year Built
1955

Property Description

Versatile R2 Lot Opportunity – 3-Bedroom Home + 1-Bedroom Guest Unit – 9,000 Sq Ft Lot Discover the potential of this spacious 9,000 sq ft R2-zoned lot featuring a charming 3-bedroom main residence and a detached 1-bedroom guest home—perfect for multigenerational living, rental income, or future development. Key Features: 3 bed / 1+ bath main house Detached 1 bed / 1 bath guest unit Upgraded electrical Owned solar system – reduce or eliminate your energy bills With ample yard space, mature trees, and R2 zoning, this property is ideal for investors, developers, or homeowners looking to live-in and expand. Conveniently located near schools, shopping, and transit. Escondido's new ADU law, driven by California state law (SB1211), allows for more ADUs on multifamily properties. Specifically, multifamily owners can now build as many ADUs as there are existing units, up to a maximum of eight detached ADUs. Additionally, non-livable spaces within multifamily structures can be converted into ADUs, and there's a minimum requirement of one conversion ADU.

Additional Information

Building Name
N/A
Cooling
None
Heating
Floor Furnace
Neighborhood
Escondido
Pets Allowed
Yes
Roof
Composition
View
Park/Greenbelt
Year Built
1955

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Mark J Schwartz (858-414-4602) from Listing Office: Compass.

Selling Office: Compass.

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