CA > Escondido
Escondido, CA 92025,719 21 E 2nd Ave
Escondido, CA 92025,719 21 E 2nd Ave
Escondido, CA 92025,719 21 E 2nd Ave
Escondido, CA 92025,719 21 E 2nd Ave
Escondido, CA 92025,719 21 E 2nd Ave
Escondido, CA 92025,719 21 E 2nd Ave
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Maryann Augustine

Maryann Augustine

+1(619) 838-7725
$ 999,000
Est. payment | /mo

7,409 Sqft Lot

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$ 999,000
Est. payment | /mo
Save Video Tour

7,409 Sqft Lot

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID NDP2502172

HOA Y/N No

Year Built 1947

Lot Size 7,409 Sqft

Property Description

Rare investment opportunity in the heart of Escondido! 719-721 E 2nd Ave is a well-maintained duplex offering both immediate rental income and future value-add potential. Located just minutes from downtown Escondido, this property is perfect for investors, house hackers, or multi-generational living. The front unit is a charming mid-century, single-level home featuring 3 bedrooms and 2 bathrooms. It boasts fresh interior paint, a newer roof, a private yard, and a detached 1-car garage. This unit is move-in ready, making it an ideal opportunity for an owner-occupant or new tenants. The back unit is a spacious, two-story townhome-style home built in the 1980s with 2 bedrooms and 1.5 bathrooms. It is currently rented for $2,300/month with long-term tenants who would love to stay. This unit also includes one garage space and additional alley parking. A unique bonus is the detached 2-car garage, which presents a fantastic future development opportunity. Convert it into an Accessory Dwelling Unit (ADU) to add a third rental unit for additional passive income and increased property value. Located in a prime Escondido location, this property offers quick access to downtown, where you'll find restaurants, breweries, coffee shops, and local entertainment. The home is also near parks, schools, and major freeways (I-15 & Hwy 78) for easy commuting. Offered at $999,000, this is a fantastic investment opportunity to own a duplex in a growing market. Whether you're looking to cash flow immediately, offset your mortgage with rental income, or create multi-generational living arrangements, this property has endless potential!

Location

State CA

County San Diego

Area 92025 - Escondido

Zoning R-3 Restricted Multiple

Interior

Fireplace No

Laundry Electric Dryer Hookup, Gas Dryer Hookup, Laundry Closet, In Garage

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Street Lights, Sidewalks

View Y/N No

Total Parking Spaces 2

Private Pool No

Building

Lot Description Sprinklers In Front, Level, Sprinkler System

Story 2

Sewer Public Sewer

Others

Senior Community No

Tax ID 2302620400

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Jovani Ruiz • Broadpoint Properties, Inc • jovanitherealtor@gmail.com

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agent
Maryann Augustine

Broker-Owner | Lic# 01224089

+1(619) 838-7725

4241 Jutland Dr Ste 310, San Diego, CA, 92117

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719 21 E 2nd Ave