Description
Rare investment opportunity in the heart of escondido! 719-721 e 2nd ave is a well-maintained duplex offering both immediate rental income and future value-add potential. located just minutes from downtown escondido, this property is perfect for investors, house hackers, or multi-generational living. the front unit is a charming mid-century, single-level home featuring 3 bedrooms and 2 bathrooms. it boasts fresh interior paint, a newer roof, a private yard, and a detached 1-car garage. this unit is move-in ready, making it an ideal opportunity for an owner-occupant or new tenants. the back unit is a spacious, two-story townhome-style home built in the 1980s with 2 bedrooms and 1.5 bathrooms. it is currently rented for $2,300/month with long-term tenants who would love to stay. this unit also includes one garage space and additional alley parking. a unique bonus is the detached 2-car garage, which presents a fantastic future development opportunity. convert it into an accessory dwelling unit (adu) to add a third rental unit for additional passive income and increased property value. located in a prime escondido location, this property offers quick access to downtown, where you’ll find restaurants, breweries, coffee shops, and local entertainment. the home is also near parks, schools, and major freeways (i-15 & hwy 78) for easy commuting. offered at $999,000, this is a fantastic investment opportunity to own a duplex in a growing market. whether you're looking to cash flow immediately, offset your mortgage with rental income, or create multi-generational living arrangements, this property has endless potential!
Property Type
Residential IncomeCounty
San DiegoStyle
Residential IncomeAD ID
48889425
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Property Details
-
Interior Features
Bathroom Information
- Total Baths: 0
Water/Sewer
- Sewer : Public Sewer
Cooling Features
- Air Conditioning
Heating Source
- Has Heating
Fireplace
- Has Fireplace: 0
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Exterior Features
Building Information
- Year Built: 1947
- Building Area Total: 2,392
Pool Features
- None
Laundry Features
- Electric Dryer Hookup,Gas Dryer Hookup,Laundry Closet,In Garage
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1701
- Lot Size Source: Assessor
- Lot Size Square Feet: 7409
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Listing Information
Listing Price Information
- Original List Price: 999,000
- Listing Contract Date: 2025-03-06
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 2302620400
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Pending
- Source Neighborhood: 92025 - Escondido
- Directions: east on grand ave, right on fig, left on second ave.
- Zoning: R-3 Restricted Multiple
- Source Property Type: Residential Income
- Area: 92025 - Escondido
Building and Construction
- Property Age: 78
- Common Walls: No Common Walls
- Year Built Source: Estimated
- Entry Level: 1
- Entry Location: front
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BuyOwner last updated this listing 04/05/2025 @ 06:21
- MLS: NDP2502172
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is recently sold, it has 2,392 sqft, 7,409 sized lot, and 2 parking. are nearby neighborhoods.