845 West 3rd Avenue

Escondido CA 92025

1524 sq. ft.

5825 sq. ft.

Single-Family

Currently for sale - view listing

Overview

Rare opportunity to own a versatile income-producing property featuring two detached residences on one lot, with fully approved plans and building permits for a third unit. The front unit currently generates approximately $3,800 per month, and the detached back unit generates approximately $1,900 per month, for a total current rental income of approximately $5,700 per month.The approved 600 sq. ft. ADU is ready for immediate construction and will be attached to the back unit. The best part is that neither the front unit nor the back unit needs to be vacated during construction of the third unit, allowing you to continue collecting rental income while the project is being built.

Features

4 bedrooms

2 bathrooms

2 carspaces

1524 sq. ft. floor area

5825 sq. ft. lot size

Single-Family

Property history for 845 West 3rd Avenue

2024

Sold

$775,000

29 Mar 2024 by Debra Dawn Brown, of Keller Williams SD Metro

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