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224 W 8th Ave, Escondido, CA 92025

Escondido
Local realty services provided by:CENTURY 21 Century Real Estate
224 W 8th Ave,Escondido, CA 92025
$899,999
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  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: taylor ryan
Office: sundae funding, inc.424-207-6002
MLS#:260004925SD
Source:CRMLS

Price summary

  • Price:$899,999

About this home

Income-Producing Duplex – 6.84% Cap at $1M Rare opportunity to acquire a cash-flowing property in central Escondido with a versatile 2-unit configuration. Technically a duplex, the property functions as a triplex: the front unit (222) is a spacious 3BD/2.5BA, while the rear structure (224) is divided into two fully independent 1BD/1BA units—each with its own kitchen and full bath. (224) is currently being rented out to one tenant and the entire ADU is a 2BD/2BA. The Seller has rented (224) to two separate tenants in the past, and is configured to do so again if the buyer wishes. Current total rental income is $6,950/month ($83,400 annually). Projected cap rates: 6.84% at $1,000,000 | 6.21% at $1,100,000 | 5.70% at $1,200,000. Each unit is separately metered for SDG&E, with tenants paying their own gas and electric. Owner expenses are minimal, averaging approximately $500/month in total for water/trash for both units, and $500/month for professional property management of both...

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Home facts

  • Year built:1952
  • Listing ID #:260004925SD
  • Added:1 day(s) ago
  • Updated:May 21, 2026 at 10:26 PM

Heating and cooling

  • Cooling:Central Air
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1952
  • Levels:1 Story

Finances and disclosures

  • Price:$899,999
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