$1,399,000
$7K PRICE INCREASE

Estimated payment $9,059/month

Total Views 14,385
6 Beds
3 Baths
2,912 Sq Ft
$480 Price per Sq Ft

About This Home

This unique property offers the perfect blend of income potential and functional living, making it an excellent choice for investors and multigenerational households alike. Situated on a 7,376 sq. ft. lot, the property includes a front Detached Single-Family Home with an attached garage, along with two spacious, two-story Townhouse-Style Units located at the rear. Each residence features its own private yard, dedicated parking (including a driveway for the front home and alley-accessed carports for the townhomes), and in-unit laundry—providing comfort and independence for each household. Whether you're looking to generate strong rental income, house extended family, or enjoy both at once, this flexible setup offers exceptional options. Live in one unit and lease the others, or accommodate multiple generations under one property while maintaining privacy and autonomy. Nestled on a quiet residential street, the property is conveniently located just one mile from the vibrant Maple Street Plaza and downtown dining, and only half a mile from major retailers like Home Depot, Walmart, and local grocery stores. With Escondido boasting a 6.89% average annual appreciation rate, this property is not only a smart long-term investment but also a practical solution for today’s evolving living needs. Whether you're growing your portfolio or bringing loved ones closer together, this rare opportunity delivers both value and versatility in one of North County’s most promising markets.

Listing Agent

Christina Labowicz

ACI Apartments License #02055851 Listed on: 01/30/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Home Design

  • Composition Roof
  • Stucco Exterior

Parking

  • Alley Access
  • RV Access or Parking

Additional Features

  • 2-Story Property
  • Property is Fully Fenced
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Assessor Parcel Number 2303321400

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Net Operating Income $71,735

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: North County
  • Cross Street: S Beech St
  • Neighborhood: Escondido
  • LP / Sq Ft: 16.73
  • Stories: 2 Story
  • Total Stories: 2
  • Year Built: 1965
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Composition

Garage/Parking

  • Parking for RV: On-Site Parking

Utilities

  • Cooling: Wall/Window

Condo/Co-op/Association

  • Community: EAST ESCONDIDO

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access, Sidewalks, Street Paved
  • Assessor Parcel Number: 2303321400

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 71735
  • Annual Expense Actual: 21965
  • Annual Expense Projected: 21965
  • Gross Rent Multiplier Actual: 14.86
  • Gross Rent Multiplier Projected: 13.18
  • Gross Sched Income Actual: 93700
  • Gross Sched Income Projected: 105600
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 3
  • Number Of Units With Dryers: 3
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 3

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 For Sale $1,399,000 0.0% $480 / Sq Ft
07/25/2025 07/25/25 Off Market $1,399,000 -- --
06/09/2025 06/09/25 Price Changed $1,399,000 -1.1% $480 / Sq Ft
04/08/2025 04/08/25 Price Changed $1,415,000 +1.7% $486 / Sq Ft
01/30/2025 01/30/25 For Sale $1,392,000 +21.0% $478 / Sq Ft
10/18/2022 10/18/22 Sold $1,150,000 -4.2% --
09/26/2022 09/26/22 For Sale $1,200,000 0.0% --
09/01/2022 09/01/22 Pending -- -- --
08/23/2022 08/23/22 For Sale $1,200,000 +120.2% --
08/28/2014 08/28/14 Sold $545,000 0.0% --
08/28/2014 08/28/14 Pending -- -- --
07/09/2014 07/09/14 For Sale $545,000 -- --
Source: San Diego MLS

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Source: San Diego MLS

MLS Number: 250017704

San Diego MLS

APN: 230-332-14-00