41
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$999,988
Est. payment /mo
Active
222 W 8th Ave Escondido, CA 92025
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision South Escondido
MLS Listing ID 260004925SD
HOA Y/N No
Year Built 1952
Property Description
Income-Producing Duplex with Triplex Layout – 6.84% Cap at $1M Rare opportunity to acquire a cash-flowing property in central Escondido with a versatile 3-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. 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 units. Strong in-place income, flexible layout, and solid cap rate potential make this an excellent opportunity for investors seeking immediate cash flow in a high-demand rental market.
Location
State CA
County San Diego
Area 92025 - Escondido
Building/Complex Name None
Zoning R-1:Single
Interior
Cooling Central Air
Fireplace No
Exterior
Fence Cross Fenced, Partial
View Y/N No
Roof Type Composition
Building
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 2333620800
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/snd/260004925
Listed by Taylor Ryan Sundae Funding, Inc. #02350805
Nearby Locations
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