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228 East 15th Avenue

Escondido CA 92025

4
2
Multi-Family
Currently for sale - view listing

Overview

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

Features

4 bedrooms
2 bathrooms
Multi-Family

Property history for 228 East 15th Avenue

2025
Sold
$799,000
08 Aug 2025 by Mark Schwartz, of Compass
2025
Rented
Undisclosed
25 Jun 2025 by Compass
2025
Rented
Undisclosed
04 Jun 2025 by Compass

Happy sellers in Escondido

~%

We have insufficient information to provide an overview of customer satisfaction for Escondido. Viewing the agent profiles, reviews and sales for Escondido can provide insights for this location.

Local market activity for 4 bedroom multi families in Escondido

In the last 12 months, 1 four-bedroom multi family similar to 228 East 15th Avenue, have been sold.

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Sales:
(619) 566-0008
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