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228 E 15th Ave, Escondido, CA 92025

Escondido
Local realty services provided by:CENTURY 21 Masters
228 E 15th Ave,Escondido, CA 92025
$899,000
Virtual Tour
  • 4 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: mark j schwartz, lucca t grassi
Office: compass
MLS#:260014598
Source:San Diego MLS via CRMLS

Price summary

  • Price:$899,000

About this home

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

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Home facts

  • Year built:1955
  • Listing ID #:260014598
  • Added:2 day(s) ago
  • Updated:June 18, 2026 at 02:25 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2

Heating and cooling

  • Heating:Floor Furnace

Structure and exterior

  • Roof:Composition
  • Year built:1955
  • Construction Materials:Stucco
  • Levels:1 Story

Utilities

  • Water:Available
  • Sewer:Sewer Available

Finances and disclosures

  • Price:$899,000
MLS LogoThis information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS®, Inc. SANDICOR Member Broker: Randy Thompson

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