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This property presents a unique investment potential in the southern part of Escondido. The current house requires significant renovations and can only be viewed with accepted offers. This opportunity becomes even more compelling when combined with the adjacent lot, which is also available for sale. When both properties are acquired together, there is the potential to develop up to 15 units in accordance with the city's zoning regulations in Escondido. Moreover, by focusing on affordable housing, there may be opportunities to secure additional bonus density units for the project. Alternatively, this property can be developed as a mixed-use space, featuring commercial storefronts at the front of the building and residential units on the upper floors. The possibilities are vast for this versatile investment opportunity. The adjacent lot will be added to the mls shortly as well.
Address |
1104 S Escondido Blvd
Escondido, CA 92025 |
Listing Status | ACTIVE |
Asking Price | $650,000 |
Original Listing | $650,000 @ 2023-09-16 |
Terms | Cash,Conventional,Seller May Carry,VA,Other/Remarks |
Age Restriction | N/K |
Property Type | PUD |
Property Restrictions | None Known |
Sales Restrictions | N/K |
Mello-Roos Fee | $0 |
HOA Fee | $0 |
Square Footage | 1108 sf |
Bedrooms | 2 + 0 optional |
Full Bathrooms | 2 |
Family Room | N/K |
Living Room | N/K |
Dining Room | N/K |
Kichen | N/K |
Master Bedroom | N/K |
2nd Bedroom | N/K |
Directions | Not Provided |
Cross Street | 11th |
Market Area | North County |
Community Area | SOUTHWEST ESCONDIDO |
Neighborhood | South Escondido |
School District | Not Listed |
County | San Diego |
Assessor Parcel# | 236-120-16-00 |
Geographic Areas | |
Highway Locator |
East of I-15 East of I-5 North of I-8 North of SR-52 |
Ocean Distance | 21.7 miles |
Year Built | 1940 |
Laundry Location | N/K |
Elevator | Not Listed |
Cooling | N/K |
Heating | Other/Remarks N/K |
Sewer/Septic | Sewer Connected,Unknown |
Fireplaces | Not Listed |
Equipment | N/K |
Platform | SDMLS |
AOR | San Diego Association of REALTORS (SDAR) |
MLS Number | 230018224 |
Courtesy of | eXp Realty of California, Inc. |
https://www.californiatophomes.com/230018224
Style | Detached 1 Story |
Material | Stucco,Wood/Stucco |
Lot Size | 7,500-10,889 SF ~ 7,696 sf |
Fencing | Full,Fair Condition,Wire |
Topography | Level |
Roof | Asphalt, Shingle |
Swimming Pool | N/K |
Parking |
Total Spaces: 3
Garage Spaces: 0
Non-Garage Spaces:
3 -
Driveway,Driveway - Gravel
|
View | Not Listed |