228 E 15th Ave, Escondido, CA 92025 - Berkshire Hathaway HomeServices California Properties

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Photo of Scott Waid

Marketed By Scott Waid REALTOR® - Sales Associate 858-945-4004 m
858-683-8071 o
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com Rancho Bernardo Office
16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
Phone: 858-487-3520
Fax: 858-451-0932

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Agent Remarks

Investor and developer opportunity! Situated on a spacious 9,000 SF R-2 lot, this income-producing property features a 3-bedroom home plus a detached guest unit generating a combined $5,800/month in rental income. The oversized lot offers excellent potential for expansion, including the possibility of adding an ADU, increasing rental income, or exploring additional development opportunities (buyer to verify with local planning and zoning authorities). Whether you're seeking strong cash flow, value-add upside, or long-term development potential, this versatile property presents a rare opportunity in a desirable location. Highlights: 3-bedroom main residence + guest unit 9,000 SF R-2 zoned lot $5,800/month current gross rental income Potential to add an ADU Expansion and redevelopment possibilities Ideal for investors, owner-users, or developers

Listing Details

Property type: Res Income 2-4 Units (Multi-Family)

Status: ACTIVE

MLS# 260014598

Price: $899,000

Beds: 4

Baths: 2 (2 full)

Built in 1955

1 story

0.00 acres

Subdivision: SOUTH ESCONDIDO

County: San Diego