Income-Producing Duplex with Triplex Layout - 6.84% Cap at $1M Rare opportunity to acquire a cash-flowing property in central Escondido with a versatile 3-unit configuration. Technically a duplex, the property functions as a triplex: the front unit (222) is a spacious 3BD/2.5BA, while the rear structure (224) is divided into two fully independent 1BD/1BA units"”each with its own kitchen and full bath. Current total rental income is $6,950/month ($83,400 annually). Projected cap rates: 6.84% at $1,000,000 | 6.21% at $1,100,000 | 5.70% at $1,200,000. Each unit is separately metered for SDG&E, with tenants paying their own gas and electric. Owner expenses are minimal, averaging approximately $500/month in total for water/trash for both units, and $500/month for professional property management of both units. Strong in-place income, flexible layout, and solid cap rate potential make this an excellent opportunity for investors seeking immediate cash flow in a high-demand rental market.
|
DAYS ON MARKET
|
3
|
LAST UPDATED
|
3/27/2026
|
|
TRACT
|
SOUTH ESCONDIDO
|
YEAR BUILT
|
1952
|
|
COMMUNITY
|
North County
|
COUNTY
|
San Diego
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Multi Family
|
|
Prior to Mar 27, '26
|
$1,199,999
|
| Mar 27, '26 - Today |
$999,999 |
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| AREA |
North County |
| CONSTRUCTION |
Stucco |
| LOT |
0 |
| LOT DIMENSIONS |
4,000-7,499 SF |
| STORIES |
1 |
| SUBDIVISION |
SOUTH ESCONDIDO |
| UTILITIES |
Sewer Connected |
Listed with Sundae Funding, Inc.
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Properties on this website was last updated as recently as 3/31/26 12:35 AM PDT.
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