845 W 3rd, Escondido, CA 92025
- $890,000
- 4
- BD
- 2
- BA
- List Price
- $890,000
- Days on Market
- 18
- 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
INVESTOR ALERT – CASH FLOW TODAY, EVEN GREATER RETURNS TOMORROW Exceptional investment opportunity in the heart of Escondido. This income-producing property features two detached residences currently generating approximately $5,700 per month in rental income, providing immediate cash flow from day one. What truly sets this property apart is the fully approved plans and permits for a new 634 SF ADU. Investors can begin construction while continuing to collect rental income from the existing units, creating a rare opportunity to increase cash flow without interrupting current revenue. Investment Highlights • Two detached income-producing residences • Approximately $5,700/month current rental income • Fully approved and permitted 634 SF ADU • Opportunity to add a third income-producing unit • Continue collecting rent during ADU construction • Strong long-term appreciation potential • Excellent opportunity for investors seeking immediate income and future upside Whether you’re expanding your real estate portfolio, completing a 1031 exchange, or searching for a high-potential value-add asset, this property offers an exceptional combination of current income, approved expansion, and long-term growth. Properties offering existing cash flow together with shovel-ready expansion opportunities rarely become available. Contact the listing agent today for rental information, approved ADU plans, and additional investment details.
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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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