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
- 24
- Property Type
- Multifamily
- Stories
- One Level
- Neighborhood
- Southeast Escondido
Property Description
INVESTOR ALERT – CASH FLOW TODAY, EVEN GREATER RETURNS TOMORROW Exceptional investment opportunity in the heart of Escondido. This income-producing property features two detached residences currently generating approximately $5,700 per month in rental income, providing immediate cash flow from day one. What truly sets this property apart is the fully approved plans and permits for a new 634 SF ADU. Investors can begin construction while continuing to collect rental income from the existing units, creating a rare opportunity to increase cash flow without interrupting current revenue. Investment Highlights • Two detached income-producing residences • Approximately $5,700/month current rental income • Fully approved and permitted 634 SF ADU • Opportunity to add a third income-producing unit • Continue collecting rent during ADU construction • Strong long-term appreciation potential • Excellent opportunity for investors seeking immediate income and future upside Whether you’re expanding your real estate portfolio, completing a 1031 exchange, or searching for a high-potential value-add asset, this property offers an exceptional combination of current income, approved expansion, and long-term growth. Properties offering existing cash flow together with shovel-ready expansion opportunities rarely become available. Contact the listing agent today for rental information, approved ADU plans, and additional investment details.
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.