Detached Duplex with $87K+ Annual Income in Revitalized Downtown Escondido. Unlock rare versatility with this private, income-producing duplex"”two fully detached homes on one lot"”set in the heart of Escondido's walkable downtown. Whether you're an investor seeking strong returns or a buyer looking to offset your mortgage, this property offers a unique blend of financial power and lifestyle comfort. Each single-story unit enjoys private yards, separate entrances, and its own laundry. The front 3BD/2BA unit boasts over 1,400 sq ft of bright, open living space, while the 2BD/2BA rear unit (with separate address) functions as a high-performing rental, guesthouse, or home office. With over $87K/year in verified income and tenants covering most utilities, the cash flow makes sense from day one. Tucked behind a stylish modern fence on a nearly 7,000 sq ft lot, the property features updated landscaping, newer appliances, smart lighting, energy-efficient windows, and over $89K in recent upgrades. Minutes to Grand Ave's cafes, Sprouts, parks, and the I-15, this location delivers both charm and convenience. Highlights: Gross rents of $7,300/month; Potential 8%+ cap rate; Perfect for house hacking, multigenerational living, or passive income; Zoned for growth near the Grand Ave Vision Project and Palomar Heights redevelopment. Live in one, rent the other"”or grow your portfolio with a turnkey, high-yield asset in one of North County's fastest-rising urban hubs. *Some photos are virtually staged.
DAYS ON MARKET
|
72
|
LAST UPDATED
|
6/27/2025
|
TRACT
|
SOUTH ESCONDIDO
|
YEAR BUILT
|
1970
|
COMMUNITY
|
North County
|
COUNTY
|
San Diego
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Multi Family
|
Prior to May 27, '25
|
$1,049,000
|
May 27, '25 - Jun 6, '25 |
$1,050,000
|
Jun 6, '25 - Jun 16, '25 |
$1,049,000
|
Jun 16, '25 - Jun 27, '25 |
$1,050,000
|
Jun 27, '25 - Today |
$1,049,000 |
AREA |
North County |
LOT |
6970 sq ft |
LOT DIMENSIONS |
4,000-7,499 SF |
STORIES |
1 |
SUBDIVISION |
SOUTH ESCONDIDO |
Listed with HomeSmart Realty West
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