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
Baths1.0

Monthly Estimate*

$ 5,535

Listed by Compass
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Studio

Multi-Family Home for sale in Escondido, CA

for $899,000 with 1 full bath. 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

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Year Built

1955

Town/City

Escondido

County/Region

San Diego

MLS | Web ID

260014598SD

Days on Market

6

Features
General
Heating Floor Furnace Natural Gas
Cooling None
Possession Close Of Escrow
Roof Composition
Appliances Gas Water Heater
Zoning R-2
HOA Fee 0
Pool Features None
Year Built 1955
Tenant Pays Electricity Gas Water
Stories Count 1
Levels One
County San Diego
Net Operating Income 64800
Property Type Residential Income
Subdivision Name South Escondido
Status Active
Directions Escondido Bl. to 15th right turn. CrossStreet: Juniper
City Escondido
Senior Community Y/N false
Number Of Units Total 2
MLS Area 92025 - Escondido
Listing Terms Cash Conventional FHA VA Loan
Spa Features None
Virtual Tour https://www.propertypanorama.com/instaview/snd/260014598
Standard Status Active
Cap Rate 0
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Interior
Total Stories 1
Air Conditioning Y/N false
Heating Y/N true
Total Baths 0
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Exterior
Fencing Partial
Lot Features Sprinkler System
Total Parking 0
Park Name N/K
Number of Buildings 2
Spa true
Private Pool false
Lot Size Source Public Records
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* Excluded Features
List By
Compass

Broker

mark.schwartz@compass.com

Email

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$5,535
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Monthly Principal & Interest
$5,535
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Default based on a 30-year fixed rate of 6.25% 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
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 is a studio with 1.0 baths and was built in 1955. The property's zip code is 92025 which is in Escondido, CA