Seller has priced the property aggressively for an as-is sale and is seeking a straightforward transaction. Rare opportunity to acquire a tenant-occupied duplex on a spacious ~7,052 sq ft lot in a desirable Escondido location. Property features two separate houses 2BR/1BA each (approx. 716 sq ft front house and 716 sq ft rear house), each with private yard space and strong long-term occupancy. Current rents total $3,700/month with tenants in place over 20 years, offering immediate income and significant upside potential. Fixer – property requires full renovation (kitchen, baths, and overall interior/exterior upgrades). Ideal for experienced investors, contractors, or buyers seeking a value-add opportunity with the ability to reposition and increase rents over time. Large lot provides excellent potential expansion opportunities (room+bathroom addition-buyer to verify), making this a compelling long-term hold or redevelopment play. Sold AS-IS. Tenant occupied. Do not disturb occupants. Interior inspection subject to accepted offer. Buyer to verify all information, including zoning, permits, and development potential. Opportunity highlights: Duplex: Detached Two 2BR/1BA units, Strong upside in rents after renovation Long-term tenants provide stable baseline income. Potential expansion (buyer to verify) Bring your vision and unlock the full potential of this centrally located investment property.
Listed by:
Three Coins Realty
Source:
CRMLS
| Date | Days Ago | Event | New Price |
|---|---|---|---|
| May 24, 2026 | 10 days ago | Price decreased15,100 (2%) | $699,900 |
| May 18, 2026 | 16 days ago | Price decreased5,000 (1%) | $715,000 |
| May 11, 2026 | 23 days ago | Price decreased20,000 (3%) | $720,000 |
| Apr 22, 2026 | 1 mo ago | Price decreased35,000 (5%) | $740,000 |
| Apr 14, 2026 | 2 mos ago | New on market | $775,000 |