845 W 3rd, Escondido, CA 92025
- $890,000
- 4
- BD
- 2
- BA
- List Price
- $890,000
- Days on Market
- 11
- 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
Two units totaling approximately 1,524 square feet make up this versatile income-producing property, featuring two detached residences on one lot, along with fully approved plans and active building permits for a third unit. The front residence currently generates approximately $3,800 per month, while the detached rear residence generates approximately $1,900 per month, for a combined current rental income of approximately $5,700 per month. The approved 600-square-foot ADU is ready for immediate construction and will be attached to the rear unit. Best of all, neither existing unit needs to be vacated during construction, allowing the owner to continue collecting rental income while the third unit is being built.
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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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