351-355 W 8th Avenue
Escondido, CA 92025
$699,900
$775,000
About This Home
Final price adjustment. Seller is requesting highest and best offers by May 31. Property will be withdrawn from the market afterward if no acceptable offer is received. Seller has priced the property aggressively for an as-is sale and is seeking a straightforward transaction. Rare opportunity to acquire a tenant-occupied duplex on a spacious ~7,052 sq ft lot in a desirable Escondido location. Property features two separate houses 2BR/1BA each (approx. 716 sq ft front house and 716 sq ft rear house), each with private yard space and strong long-term occupancy. Current rents total $3,700/month with tenants in place over 20 years, offering immediate income and significant upside potential. Fixer – property requires full renovation (kitchen, baths, and overall interior/exterior upgrades). Ideal for experienced investors, contractors, or buyers seeking a value-add opportunity with the ability to reposition and increase rents over time. Large lot provides excellent potential expansion opportunities (room+bathroom addition-buyer to verify), making this a compelling long-term hold or redevelopment play. Sold AS-IS. Tenant occupied. Do not disturb occupants. Interior inspection subject to accepted offer. Buyer to verify all information, including zoning, permits, and development potential. Opportunity highlights: Duplex: Detached Two 2BR/1BA units, Strong upside in rents after renovation Long-term tenants provide stable baseline income. Potential expansion (buyer to verify) Bring your vision and unlock the full potential of this centrally located investment property.
Property Details
Listed by
Sandy Biondo
Three Coins Realty
MLS# SAND-617022
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