228 E 15th Ave Escondido, CA $ 899,000
228 E 15th Ave
$ 899,000
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228 E 15th Ave

Escondido, CA, 92025
$ 899,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 5,676

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Multi-Family Home for sale in Escondido, CA

for $899,000 with 4 bedrooms and 2 full baths. This home was built in 1955.

Investor and developer opportunity! Situated on a spacious 9,000 SF R-2 lot, this income-producing property features a 3-bedroom home plus a detached guest unit generating a combined $5,800/month in rental income. The oversized lot offers excellent potential for expansion, including the possibility of adding an ADU, increasing rental income, or exploring additional development opportunities (buyer to verify with local planning and zoning authorities). Whether you're seeking strong cash flow, value-add upside, or long-term development potential, this versatile property presents a rare opportunity in a desirable location. Highlights: 3-bedroom main residence + guest unit 9,000 SF R-2 zoned lot $5,800/month current gross rental income Potential to add an ADU Expansion and redevelopment possibilities Ideal for investors, owner-users, or developers

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Multi-Family Active

Price

$ 899,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Res Income 2-4 Units

Year Built

1955

Town/City

Escondido

County/Region

San Diego

MLS | Web ID

260014598

Features
General
Heating Floor Furnace
Cooling N/K
Utilities Sewer Available
Possession Close of Escrow
Roof Composition
Zoning R-2
Association Fee Includes Other/Remarks
Pool Features N/K
Security Features N/K
Construction Materials Stucco
Year Built 1955
Tenant Pays Electricity Gas/Propane Hot Water Water
View Parklike
Levels 1 Story
Property Subtype Res Income 2-4 Units
Building Name N/K
County San Diego
Operating Expense 4800.0
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name SOUTH ESCONDIDO
Full Baths 2
Status ACTIVE
Directions Escondido Bl. to 15th right turn.
City Escondido
Senior Community Y/N N
Number Of Units Total 2
MLS Area North County
Lot Size Units Acres
Spa Features N/K
Property Attached Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/snd/260014598
Building Area Units Sqft
Living Area Units Sqft
Standard Status Active
Cap Rate 0.0
Freehold IDX
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Exterior
Fencing Partial
Water Source Available
Lot Size Area 0.0
Number of Buildings 2
Building Area Total 0.0
Frontage Type Other/Remarks
Waterfront Y/N N
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Interior
Total Stories 1
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Half Baths 0
Total Bedrooms 4
Total Baths 2
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* Excluded Features
List By
Mark J Schwartz

Listing Agent

Compass

Broker

(858) 414-4602

Phone

Affordability Calculator

$5,676
Per Month
100%
0%
0%
Monthly Principal & Interest
$5,676
Monthly Property Taxes
--
Monthly Home Insurance
--
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
281193 Elementary School
281006 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/16/2026$899,000 Listed Price

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228 E 15th Ave, Escondido, CA, 92025 is a Multi-Family Home for sale at $899,000. 228 E 15th Ave has 4 bedrooms, 2.0 baths, and was built in 1955. The property's zip code is 92025 which is in Escondido, CA