845 W 3Rd, Escondido, CA 92025
- $890,000
- List Price
- $890,000
- Status
- ACTIVE
- MLS#
- 260017933SD
- Year Built
- 1931
- Lot Size
- 5,825
- Acres
- 0.13
- Days on Market
- 5
- Property Type
- Multifamily
- Stories
- One Level
- Neighborhood
- Southeast Escondido
Property Description
Rare opportunity to own a versatile income-producing property featuring two detached residences on one lot, with fully approved plans and building permits for a third unit. The front unit currently generates approximately $3,800 per month, and the detached back unit generates approximately $1,900 per month, for a total current rental income of approximately $5,700 per month.The approved 600 sq. ft. ADU is ready for immediate construction and will be attached to the back unit. The best part is that neither the front unit nor the back unit needs to be vacated during construction of the third unit, allowing you to continue collecting rental income while the project is being built.
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Additional Information
- Appliances
- Gas Water Heater
- Pool Description
- None
- Heat
- Natural Gas
- Cooling Description
- None
- Roof
- Composition
- Attached Structure
- Detached
- Number Of Units Total
- 2
Listing courtesy of Listing Agent: Elaheh Shaabani (eli.sh07@yahoo.com) from Listing Office: Bluxen, Inc..
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.