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… Read More 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. Read Less
Listing Snapshot
Days Online
48
Last Updated
Lot Size
0.16 Acres
Year Built
1958
MLS Number
260008793SD
Additional Details
Appliances & Equipment
GasWaterHeater
Building
Built in 1958, 2 buildings, 1 storey, Levels: One
Community
Park Name: 2 units
Cooling
None
Disclosures
Incorporated
Fence
Partial
Heating
NaturalGas
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $44,400, Net Operating Income: $36,661
Lot
0.1619 acres
Pool
None
Roof
Composition
Taxes
Parcel Number: 2333710200
Tenant Pays
Electricity, Gas, GroundsCare, 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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