$725,000
UNDER CONTRACT $26K PRICE INCREASE

Estimated payment $4,706/month

Total Views 4,626
2 Beds
1 Bath
1,431 Sq Ft
$507 Price per Sq Ft

Highlights

  • No HOA
  • Wall Furnace
  • 1-Story Property

About This Home

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.

Listing Agent

Luda Phipps

Luda Phipps, Broker Brokerage Phone: 619-277-5474 License #02139266 Listed on: 06/16/2026

Luda Phipps, Broker

Co-Listing Agent

Sandy Biondo

Three Coins Realty Brokerage Phone: 619-277-5474 License #01172865

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 7,052 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Open Parking Spaces
  • 1 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,431 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 04223
  • Tax Tract Number 336
  • Assessor Parcel Number 2333710200
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $44,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

7,052 Sq Ft Lot

Parking

1

Listing Details

  • Assessments: No
  • CapRate: 6.00
  • Property Attached: No
  • View: No
  • Well Report: No
  • Zoning: R-3:Restricted Multiple
  • Property Type: Residential Income
  • Parcel Number: 2333710200
  • Year Built: 1958
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 506.64

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: No
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7052.00
  • Lot Size Acres: 0.1619

Multi Family

  • Gross Income: 44400.00
  • Gross Scheduled Income: 44400.00
  • Lot Size Area: 7052.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 04223
  • Tax Tract Number: 000336

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/12/2026 07/12/26 Price Changed $725,000 +3.7% $507 / Sq Ft
07/05/2026 07/05/26 For Sale $699,000 0.0% $488 / Sq Ft
07/01/2026 07/01/26 Pending -- -- --
06/16/2026 06/16/26 For Sale $699,000 -- $488 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2604604

California Regional Multiple Listing Service (CRMLS)
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