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… Read More 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. Read Less
Property listed by HomeSmart Realty West, Jesse Morrison 619-255-9600
Listing Snapshot
Days Online
3
Last Updated
Property Type
Other
Lot Size
0.16 Acres
Year Built
1970
MLS Number
250027109SD
30 Days Snapshot Of 92025
$1.04M
+11%
(avg) sold price
16
-5%
homes sold
55
-8%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1970, Levels: One, 1 story, 2 buildings
Cooling
SeeRemarks
Income
Net operating income: $87,600
Lot
0.1585 acres, 6,903 square feet, Size: 6,903
Roof
Composition
Tenant Pays
CableTv, Electricity, Sewer, TrashCollection, Water
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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