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351 55 W 8th Ave, Escondido, CA 92025

Escondido
Local realty services provided by:CENTURY 21 Valley Properties
351 55 W 8th Ave,Escondido, CA 92025
$699,000
  • - Beds
  • - Baths
  • 1,431 sq. ft.
  • Multi-family
  • Active
Listed by: luda phipps, sandy biondo
Office: luda phipps, broker619-277-5474
MLS#:PTP2604604
Source:CRMLS

Price summary

  • Price:$699,000
  • Price per sq. ft.:$488.47

About this home

Opportunity to acquire two detached 2-bedroom, 1-bath homes with separate utilities situated on a 7,052 sq. ft. R-3 zoned lot in a centrally located Escondido neighborhood. Conveniently located near schools, shopping, restaurants, and major transportation corridors. Each unit offers private yard space, creating strong tenant appeal and long-term rental potential. Currently generating income with an estimated 6% cap rate, this property presents an excellent value-add opportunity for investors seeking to increase cash flow through renovations and rental repositioning. The large R-3 zoned lot may offer future expansion or redevelopment possibilities (buyer to verify). Whether you are seeking a long-term hold, a value-add renovation project, or a future development , this property offers multiple avenues to maximize returns. Ideal for investors, contractors, buyer's that are ready to roll up their sleeves, implement improvements, and unlock the property's full potential.

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Home facts

  • Year built:1958
  • Listing ID #:PTP2604604
  • Added:1 day(s) ago
  • Updated:June 16, 2026 at 11:35 AM

Rooms and interior

  • Living area:1,431 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1958
  • Building area:1,431 sq. ft.
  • Lot area:0.16 Acres

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$699,000
  • Price per sq. ft.:$488.47

Features and amenities

  • Laundry features:Inside

Parking

  • Total parking spaces:5
  • Garage:Yes
  • Garage spaces:1
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Valley Properties is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Valley Properties, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Anthony Guetzoian

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