228 E 15th Ave, Escondido, CA 92025

Escondido
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
228 E 15th Ave,Escondido, CA 92025
$899,000
Virtual Tour
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: mark schwartz, lucca grassi
Office: compass858-345-4514
MLS#:260014598SD
Source:CRMLS

Price summary

  • Price:$899,000

About this home

Investor and developer opportunity! Situated on a spacious 9,000 SF R-2 lot, this income-producing property features a 3-bedroom home plus a detached guest unit generating a combined $5,800/month in rental income. The oversized lot offers excellent potential for expansion, including the possibility of adding an ADU, increasing rental income, or exploring additional development opportunities (buyer to verify with local planning and zoning authorities). Whether you're seeking strong cash flow, value-add upside, or long-term development potential, this versatile property presents a rare opportunity in a desirable location. Highlights: 3-bedroom main residence + guest unit 9,000 SF R-2 zoned lot $5,800/month current gross rental income Potential to add an ADU Expansion and redevelopment possibilities Ideal for investors, owner-users, or developers

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Home facts

  • Year built:1955
  • Listing ID #:260014598SD
  • Added:14 day(s) ago
  • Updated:June 30, 2026 at 01:36 PM

Heating and cooling

  • Heating:Floor Furnace, Natural Gas

Structure and exterior

  • Roof:Composition
  • Year built:1955
  • Lot Features:Sprinkler System
  • Levels:1 Story

Finances and disclosures

  • Price:$899,000

Features and amenities

  • Appliances:Gas Water Heater
Based on information from California Regional Multiple Listing Service, Inc. as of July 1, 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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