351 55 W 8th Ave Escondido, CA 92025
San Pasqual NeighborhoodEstimated payment $4,486/month
Highlights
- No HOA
- Wall Furnace
- 1-Story Property
- San Pasqual Union Elementary Rated A-
About This Home
Opportunity to acquire two detached 2-bedroom, 1-bath homes with separate utilities situated on a 7,052 sq. ft. R-3 zoned lot in a centrally located Escondido neighborhood. Conveniently located near schools, shopping, restaurants, and major transportation corridors. Each unit offers private yard space, creating strong tenant appeal and long-term rental potential. Currently generating income with an estimated 6% cap rate, this property presents an excellent value-add opportunity for investors seeking to increase cash flow through renovations and rental repositioning. The large R-3 zoned lot may offer future expansion or redevelopment possibilities (buyer to verify). Whether you are seeking a long-term hold, a value-add renovation project, or a future development , this property offers multiple avenues to maximize returns. Ideal for investors, contractors, buyer's that are ready to roll up their sleeves, implement improvements, and unlock the property's full potential.
Listing Agent
Luda Phipps, Broker Brokerage Phone: 619-277-5474 License #02139266 Listed on: 06/16/2026
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
- 4 Bedrooms
- 2 Bathrooms
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
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Gross Income $44,400
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 06/16/2026 06/16/26 | For Sale | $699,000 | -- | $488 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PTP2604604
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
- 375 Moonstone Glen
- 329 Octillo
- 327 Ocotillo
- 14106 Summit Crest
- 14048 San Pasqual Valley Rd
- 14038 San Pasqual Valley Rd
- 2951 Anaheim St
- 2888 Eastview Terrace
- 2744 Vistamonte Glen
- 3015 Colley Ln
- 3109 Walden Glen
- 17484 Rockwood Rd
- 1367 Teepee Dr
- 1951 Cloverdale Rd
- 2713 Vistamonte Glen
- 3071 Sprucewood Ln
- 2475 Quail Creek Place
- 0 Puebla St Unit SR26006567
- 3152 Ferncreek Ln
- 3611 Tierra de Dios
- 2916 Anaheim St
- 885 Eldorado Dr
- 2373 Mountain View Dr
- 608 E 17th Ave
- 1870 Jeffrey Ave
- 410 Mira Loma Ln
- 1695 Kenora Dr
- 120 Green Ave
- 2412 S Escondido Blvd
- 2035 S Escondido Blvd
- 411 Idaho Ave
- 301 W Vermont Ave
- 1580 S Juniper St
- 1536 S Maple St Unit 2
- 1817 E Grand Ave Unit 77
- 1302 Oak Hill Dr
- 115 S Midway Dr
- 1019-1033 Chestnut St
- 495-505 San Pasqual Valley Rd
- 1817 E Grand Ave Unit 36
Ask me questions while you tour the home.