351 55 W 8th Ave Escondido, CA $ 725,000
351 55 W 8th Ave
$ 725,000
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351 55 W 8th Ave

Escondido, CA, 92025
$ 725,000
Baths1.0 Sq 1,431

Monthly Estimate*

$ 4,578

Listed by Luda Phipps, Broker
351 55 W 8th Ave, Escondido, CA 92025 - Image 1
351 55 W 8th Ave, Escondido, CA 92025 - Image 2
Studio

Multi-Family Home for sale in Escondido, CA

for $725,000 with 1 full bath. This 1,431 square foot home was built in 1958 on a lot size of 0.1619.

2 Homes on One Lot for the Price of One! A rare Escondido opportunity: TWO detached single-story homes on one R-3 zoned lot. Each home offers 2 bedrooms, 1 bath, its own separate utilities, and its own private yard a level of flexibility you almost never find at this price. Occupied by the same long-term tenants for more than 20 years, both homes are now available and ready for a new owner's vision. They do need repairs and remodeling, and the asking price reflects both the current condition and the real opportunity to add value. The possibilities are wide open. Live in one home and rent the other to offset your mortgage. Hold both as an investor for dual rental income. Or use the two-home layout for extended-family and multigenerational living with everyone under separate roofs, separate meters, and their own outdoor space. R-3 zoning also opens the door to future potential (buyer to verify with the City). Seller will entertain offers between $699,000 and $725,000.

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Multi-Family Contingent

Price

$ 725,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1619

Year Built

1958

Town/City

Escondido

County/Region

San Diego

MLS | Web ID

PTP2604604

Days on Market

51

Features
General
Sewer Public Sewer
Heating Wall Furnace
Zoning R-3:Restricted Multiple
HOA Fee 0
Garage Spaces 1
Pool Features None
Year Built 1958
Gross Income 44400
Community Features Sidewalks
County San Diego
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
New Construction false
Property Type Residential Income
HOA false
Garage Y/N true
Special Listing Conditions Standard
Status Active Under Contract
Directions Centre City Parkway go east on 9th to Orange Avenue Go North on 8th Avenue East on 8th and the property is to the right
City Escondido
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 4
Number Of Units Total 2
MLS Area 92025 - Escondido
Lot Size Units Square Feet
Lot Size Square Feet 7052
Listing Terms Cash Conventional Submit
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active Under Contract
Year Built Source Assessor
Tax Lot 04223
Taxes 0
Cap Rate 6
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Interior
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Laundry Features Inside
Entry Level 1
Total Baths 0
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Exterior
Lot Features 2-5 Units/Acre
Total Parking 5
Lot Size Area 7052
Number of Buildings 2
Spa false
Building Area Total 1431
Lot Size Acres 0.1619
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 2
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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* Excluded Features
List By
Luda Phipps, Broker

Broker

info@ludaphipps.com

Email

Affordability Calculator

$4,578
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Monthly Principal & Interest
$4,578
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/12/2026$725,000 3.72% Price Up
6/16/2026$699,000 Listed Price

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351 55 W 8th Ave, Escondido, CA, 92025 is a Multi-Family Home for sale at $725,000 with 1,431 sqft and a lot size of 0.1619. 351 55 W 8th Ave is a studio with 1.0 baths and was built in 1958. The property's zip code is 92025 which is in Escondido, CA