228 E 15th Ave, Escondido, CA 92025
228 E 15th Ave, Escondido, CA 92025
228 E 15th Ave, Escondido, CA 92025
25
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$899,000
Est. payment /mo
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4 Beds
2 Baths
New

228 E 15th Ave Escondido, CA 92025

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Wendy Carter

Wendy Carter

+1(858) 716-6750

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision South Escondido

MLS Listing ID 260014598

Bedrooms 4

Full Baths 2

Year Built 1955

Property Sub-Type Res Income 2-4 Units

Property Description

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

Location

State CA

County San Diego

Area North County

Zoning R-2

Direction Escondido Bl. to 15th, right turn.

Interior

Heating Floor Furnace

Fireplace No

Exterior

Fence Partial

Utilities Available Sewer Available

View Y/N Yes

Water Access Desc Available

View Parklike

Roof Type Composition

Building

Story 1

Water Available

Level or Stories 1

Others

HOA Fee Include Other/Remarks

Senior Community No

Tax ID 233-593-10-00

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Virtual Tour https://www.propertypanorama.com/instaview/snd/260014598

MLS Router / San Diego MLS
Listed by Mark J Schwartz, DRE#01001222 Compass 

Nearby School & Business

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Wendy Carter

Wendy Carter

Real Estate Agent | CA DRE#02059416

+1(858) 716-6750

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