224 W 8th Ave, Escondido, CA 92025

Escondido
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
224 W 8th Ave,Escondido, CA 92025
$949,999
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  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: taylor ryan
Office: sundae funding, inc.424-207-6002
MLS#:260004925SD
Source:CRMLS

Price summary

  • Price:$949,999

About this home

Income-Producing Duplex with Triplex Layout – 6.84% Cap at $1M Rare opportunity to acquire a cash-flowing property in central Escondido with a versatile 3-unit configuration. Technically a duplex, the property functions as a triplex: the front unit (222) is a spacious 3BD/2.5BA, while the rear structure (224) is divided into two fully independent 1BD/1BA units—each with its own kitchen and full bath. Current total rental income is $6,950/month ($83,400 annually). Projected cap rates: 6.84% at $1,000,000 | 6.21% at $1,100,000 | 5.70% at $1,200,000. Each unit is separately metered for SDG&E, with tenants paying their own gas and electric. Owner expenses are minimal, averaging approximately $500/month in total for water/trash for both units, and $500/month for professional property management of both units. Strong in-place income, flexible layout, and solid cap rate potential make this an excellent opportunity for investors seeking immediate cash flow in a high-demand rental market.

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Home facts

  • Year built:1952
  • Listing ID #:260004925SD
  • Added:14 day(s) ago
  • Updated:May 10, 2026 at 01:20 PM

Heating and cooling

  • Cooling:Central Air
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1952
  • Levels:1 Story

Finances and disclosures

  • Price:$949,999
Based on information from California Regional Multiple Listing Service, Inc. as of May 14, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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