Prime Escondido Opportunity with Income-Producing ADU & Expansion Potential. - Unlock the full potential of a multi-family estate in vibrant Central Escondido, offering unmatched versatility for homeowners and investors. This property features a 3-bedroom, 2¾-bath main home (1,802 sq. ft.) and a fully permitted, detached 2/2… Read More Accessory Dwelling Unit (ADU) at 224 W. 8th with. With a 7,000 sq. ft. lot zoned for single-family and ADU use, this property not only delivers immediate rental income but also offers the exciting possibility of adding additional ADUs, subject to City of Escondido regulations. The main house, equipped with central HVAC, a spacious master suite, and a private yard with a newer roof, provides a solid foundation for your vision. While it retains its original character and may benefit from updates, it’s a blank canvas to create your dream home. The detached ADU, built in 2021 with stainless steel appliances, hardwood flooring, LED rain showers, and zoned ductless HVAC, is a phenomenal revenue source or home. With its own address, separate electric meter, washer/dryer hookups, and private courtyard, it’s ideal for tenants or family. Both homes are leased through November 2025, generating $4,250/month for the main house and $2,850/month for the ADU—totaling $7,100/month. Leases can be terminated upon sale, allowing you to occupy one or both homes, live in one while renting the other, or continue leasing for cash flow. This property is a standout in the competitive 92025 zip code, where homes sell quickly. ADU Expansion Potential: Per Escondido’s zoning regulations you may be able to add a JADU, provided it meets size, setback (4’ side/rear), and utility requirements. Additionally, California’s 2025 laws (SB 1211) may allow further ADU development on lots with existing multi-family structures. Confirm feasibility with Escondido’s Planning Division. Located in walkable Central Escondido, enjoy proximity to Felicita and Kit Carson Parks, shopping, and dining. Blocks from revitalized Grand Avenue, you’ll find trendy shops, breweries, and restaurants, with ongoing revitalization enhancing the area’s historic charm and modern appeal. The Escondido Transit Center, 1.1 miles away, connects to Oceanside and Carlsbad via Sprinter light rail. Transform the main house, leverage the ADU’s income, or explore expansion—seize this rare chance to own a versatile property and create your own bright future. Read Less
Property listed by Instaclose R.E. Enterprises, Steve Brant 858-692-8586
Listing Snapshot
Days Online
10
Last Updated
Property Type
Single Family Residence
Beds
5
Full Baths
4
Square Ft.
2,652
Lot Size
0.16 Acres
Year Built
1952
MLS Number
PT25105669
Additional Details
Building
Built in 1952, Levels: One, Living area: 2652, 1 story, Common walls: NoCommonWalls
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.
Confirm your time
Fill in your details and we will contact you to confirm a time.
