351 West 8th Avenue Escondido, CA 92025

$699,900
0.16
Acres
$699,900
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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.

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.

  • Neighborhood
  • Type
  • County
    San Diego
  • Area
    92025 - Escondido
  • Status
    Active
  • Listing #
    260008793SD
  • Built
    1958
  • Lot Size
    0.16
  • Listed on site
    50 days

Listed by:
Three Coins Realty

Source:
CRMLS

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Property details

Community Features

  • Has HOA
  • Not Age Restricted

Exterior features

  • No Pool
  • Parking

Interior Features

  • Heat Gas

Style

  • One Story

Property History

DateDays AgoEventNew Price
May 24, 202610 days agoPrice decreased15,100 (2%)$699,900
May 18, 202616 days agoPrice decreased5,000 (1%)$715,000
May 11, 202623 days agoPrice decreased20,000 (3%)$720,000
Apr 22, 20261 mo agoPrice decreased35,000 (5%)$740,000
Apr 14, 20262 mos agoNew on market$775,000
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