Property Detail

Description

Detached Duplex with $87K+ Annual Income in Revitalized Downtown Escondido. Unlock rare versatility with this private, income-producing duplex—two fully detached homes on one lot—set in the heart of Escondido’s walkable downtown. Whether you're an investor seeking strong returns or a buyer looking to offset your mortgage, this property offers a unique blend of financial power and lifestyle comfort. Each single-story unit enjoys private yards, separate entrances, and its own laundry. The front 3BD/2BA unit boasts over 1,400 sq ft of bright, open living space, while the 2BD/2BA rear unit (with separate address) functions as a high-performing rental, guesthouse, or home office. With over $87K/year in verified income and tenants covering most utilities, the cash flow makes sense from day one. Tucked behind a stylish modern fence on a nearly 7,000 sq ft lot, the property features updated landscaping, newer appliances, smart lighting, energy-efficient windows, and over $89K in recent upgrades. Minutes to Grand Ave's cafes, Sprouts, parks, and the I-15, this location delivers both charm and convenience. Highlights: Gross rents of $7,300/month; Potential 8%+ cap rate; Perfect for house hacking, multigenerational living, or passive income; Zoned for growth near the Grand Ave Vision Project and Palomar Heights redevelopment. Live in one, rent the other—or grow your portfolio with a turnkey, high-yield asset in one of North County's fastest-rising urban hubs. *Some photos are virtually staged.