845 W 3rd Ave Escondido, CA 92025
Central Escondido NeighborhoodEstimated payment $5,666/month
Highlights
- Open Space
- Partially Fenced Property
- Wood Siding
- 1-Story Property
About This Home
INVESTOR ALERT – CASH FLOW TODAY, EVEN GREATER RETURNS TOMORROW Exceptional investment opportunity in the heart of Escondido. This income-producing property features two detached residences currently generating approximately $5,700 per month in rental income, providing immediate cash flow from day one. What truly sets this property apart is the fully approved plans and permits for a new 634 SF ADU. Investors can begin construction while continuing to collect rental income from the existing units, creating a rare opportunity to increase cash flow without interrupting current revenue. Investment Highlights • Two detached income-producing residences • Approximately $5,700/month current rental income • Fully approved and permitted 634 SF ADU • Opportunity to add a third income-producing unit • Continue collecting rent during ADU construction • Strong long-term appreciation potential • Excellent opportunity for investors seeking immediate income and future upside Whether you’re expanding your real estate portfolio, completing a 1031 exchange, or searching for a high-potential value-add asset, this property offers an exceptional combination of current income, approved expansion, and long-term growth. Properties offering existing cash flow together with shovel-ready expansion opportunities rarely become available. Contact the listing agent today for rental information, approved ADU plans, and additional investment details.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1931
Lot Details
- 5,825 Sq Ft Lot
- Lot Dimensions are 54x105
- Open Space
- Partially Fenced Property
Home Design
- Composition Roof
- Wood Siding
- Stucco
Interior Spaces
- 4 Bedrooms
- 1,525 Sq Ft Home
- 1-Story Property
Utilities
- Gravity Heating System
- Heating System Uses Natural Gas
Community Details
Overview
- Association fees include n/k
- 2 Buildings
- 2 Units
- Southeast Escondido Subdivision
Pet Policy
- Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax 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.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $9,166 | $816,714 | $408,357 | $408,357 |
| 2025 | $9,166 | $800,700 | $400,350 | $400,350 |
| 2024 | $473 | $38,438 | $19,219 | $19,219 |
| 2023 | $462 | $37,686 | $18,843 | $18,843 |
| 2022 | $456 | $36,948 | $18,474 | $18,474 |
| 2021 | $449 | $36,224 | $18,112 | $18,112 |
| 2020 | $447 | $35,854 | $17,927 | $17,927 |
| 2019 | $437 | $35,152 | $17,576 | $17,576 |
| 2018 | $425 | $34,464 | $17,232 | $17,232 |
| 2017 | $418 | $33,790 | $16,895 | $16,895 |
| 2016 | $409 | $33,128 | $16,564 | $16,564 |
| 2015 | $405 | $32,632 | $16,316 | $16,316 |
| 2014 | $391 | $31,994 | $15,997 | $15,997 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 07/22/2026 07/22/26 | For Sale | $890,000 | +14.8% | $584 / Sq Ft | |
| 03/29/2024 03/29/24 | Sold | $775,000 | -3.1% | $509 / Sq Ft | View Prior Sale |
| 02/26/2024 02/26/24 | Pending | -- | -- | -- | |
| 02/09/2024 02/09/24 | For Sale | $799,900 | -- | $525 / Sq Ft |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | First American Title | |
| Grant Deed | $785,000 | First American Title | |
| Grant Deed | -- | None Available | |
| Individual Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $588,750 | New Conventional |
Source: San Diego MLS
MLS Number: 260017933
APN: 232-290-05-00
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