Listing provided courtesy of Luda Phipps of Luda Phipps, Broker. Last updated 2026-06-16 08:11:21.000000. Listing information © 2026 Sandicor.
Asking Price: $699,000 |
351 8th Ave, Escondido CA 92025
Community: 92025 - Escondido
This property was built in 1958 and is priced at $699,000. Please see the additional details below.
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.



