Escondido, CA 92025,222 W 8th Avenue
Escondido, CA 92025,222 W 8th Avenue
Escondido, CA 92025,222 W 8th Avenue
Escondido, CA 92025,222 W 8th Avenue
Escondido, CA 92025,222 W 8th Avenue
Escondido, CA 92025,222 W 8th Avenue
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$ 800,000
Est. payment | /mo

4 Beds

3 Baths

2,652 SqFt


Save
$ 800,000
Est. payment | /mo
Save

4 Beds

3 Baths

2,652 SqFt

OPEN HOUSE

Sun Jun 01, 12:00pm - 12:00pm

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,652 sqft

Price per Sqft $301

Subdivision Southwest Escondido

MLS Listing ID PT25105669

Style Detached

Bedrooms 4

Full Baths 3

HOA Y/N No

Year Built 1952

Lot Size 6,996 Sqft

Acres 0.1606

Property Sub-Type Detached

Property Description

Prime Escondido Opportunity with Income-Producing ADU & Expansion Potential. - Unlock the full potential of a multi-family estate in vibrant Central Escondido, offering unmatched versatility for homeowners and investors. This property features a 3-bedroom, 2-bath main home (1,802 sq. ft.) and a fully permitted, detached 2/2 Accessory Dwelling Unit (ADU) at 224 W. 8th with. With a 7,000 sq. ft. lot zoned for single-family and ADU use, this property not only delivers immediate rental income but also offers the exciting possibility of adding additional ADUs, subject to City of Escondido regulations. The main house, equipped with central HVAC, a spacious master suite, and a private yard with a newer roof, provides a solid foundation for your vision. While it retains its original character and may benefit from updates, its a blank canvas to create your dream home. The detached ADU, built in 2021 with stainless steel appliances, hardwood flooring, LED rain showers, and zoned ductless HVAC, is a phenomenal revenue source or home. With its own address, separate electric meter, washer/dryer hookups, and private courtyard, its ideal for tenants or family. Both homes are leased through November 2025, generating $4,250/month for the main house and $2,850/month for the ADUtotaling $7,100/month. Leases can be terminated upon sale, allowing you to occupy one or both homes, live in one while renting the other, or continue leasing for cash flow. This property is a standout in the competitive 92025 zip code, where homes sell quickly. ADU Expansion Potential: Per Escondidos zoning regulations
Prime Escondido Opportunity with Income-Producing ADU & Expansion Potential. - Unlock the full potential of a multi-family estate in vibrant Central Escondido, offering unmatched versatility for homeowners and investors. This property features a 3-bedroom, 2-bath main home (1,802 sq. ft.) and a fully permitted, detached 2/2 Accessory Dwelling Unit (ADU) at 224 W. 8th with. With a 7,000 sq. ft. lot zoned for single-family and ADU use, this property not only delivers immediate rental income but also offers the exciting possibility of adding additional ADUs, subject to City of Escondido regulations. The main house, equipped with central HVAC, a spacious master suite, and a private yard with a newer roof, provides a solid foundation for your vision. While it retains its original character and may benefit from updates, its a blank canvas to create your dream home. The detached ADU, built in 2021 with stainless steel appliances, hardwood flooring, LED rain showers, and zoned ductless HVAC, is a phenomenal revenue source or home. With its own address, separate electric meter, washer/dryer hookups, and private courtyard, its ideal for tenants or family. Both homes are leased through November 2025, generating $4,250/month for the main house and $2,850/month for the ADUtotaling $7,100/month. Leases can be terminated upon sale, allowing you to occupy one or both homes, live in one while renting the other, or continue leasing for cash flow. This property is a standout in the competitive 92025 zip code, where homes sell quickly. ADU Expansion Potential: Per Escondidos zoning regulations you may be able to add a JADU, provided it meets size, setback (4 side/rear), and utility requirements. Additionally, Californias 2025 laws (SB 1211) may allow further ADU development on lots with existing multi-family structures. Confirm feasibility with Escondidos Planning Division. Located in walkable Central Escondido, enjoy proximity to Felicita and Kit Carson Parks, shopping, and dining. Blocks from revitalized Grand Avenue, youll find trendy shops, breweries, and restaurants, with ongoing revitalization enhancing the areas historic charm and modern appeal. The Escondido Transit Center, 1.1 miles away, connects to Oceanside and Carlsbad via Sprinter light rail. Transform the main house, leverage the ADUs income, or explore expansionseize this rare chance to own a versatile property and create your own bright future.

Location

State CA

County San Diego

Community Southwest Escondido

Area Escondido (92025)

Zoning R1

Interior

Cooling Central Forced Air

Laundry Other/Remarks, Inside

Building

Lot Description Curbs, Sidewalks

Story 1

Lot Size Range 4000-7499 SF

Sewer Public Sewer

Water Public

Level or Stories 1 Story

Schools

Elementary Schools Escondido Union School District

Middle Schools Escondido Union School District

High Schools Escondido Union High School District

Others

Monthly Total Fees $2

Miscellaneous Suburban

Acceptable Financing Cash, Conventional, Exchange, FHA, VA

Listing Terms Cash, Conventional, Exchange, FHA, VA

Special Listing Condition Standard

San Diego Regional MLS (SDMLS)
Listed by Steve Brant • Instaclose R.E. Enterprises
agent-avatar

+1(619) 606-0700

jay@theleehometeam.com

2015 Birch Rd. Ste 1009., Vista, CA, 91915

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