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1104 S Escondido Blvd Escondido, CA 92025
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Key Details
Sold Price $600,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,108 sqft
Price per Sqft $541
Subdivision Southwest Escondido
MLS Listing ID 250023511
Bedrooms 2
Full Baths 2
Year Built 1940
Property Sub-Type Detached
Property Description
This property presents a unique investment potential in the southern part of Escondido. This opportunity becomes even more compelling when combined with the adjacent lot, which is also available for sale. When both properties are acquired together, there is the potential to develop up to 15 units in accordance with the city's zoning regulations in Escondido. Moreover, by focusing on affordable housing, there may be opportunities to secure additional bonus density units for the project. Alternatively, this property can be developed as a mixed-use space, featuring commercial storefronts at the front of the building and residential units on the upper floors. The possibilities are vast for this versatile investment opportunity. The adjacent lot will be added to the mls shortly as well.
Location
State CA
County San Diego
Area North County
Zoning R3
Interior
Cooling Heat Pump(s)
Laundry Electric, Gas
Exterior
Parking Features None Known
Fence Full
View Y/N No
Roof Type Shingle
Building
Story 1
Sewer Sewer Connected
Water Meter on Property
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Bought with Jessica Nguyen HomeSmart Realty West