127 W 5th Ave, Escondido, CA 92025

$848,000
3
BD
2
BA

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List Price
$848,000
Days on Market
9
Status
ACTIVE
MLS#
260020931
Bedrooms
3
Bathrooms
2
Lot Size(apprx.)
6,980
City
Escondido
Neighborhood
Escondido
Complex/Building Name
Escondido
Property Type
Multifamily
Year Built
1950

Property Description

Whether you’re an investor or a multigenerational end user, this could be your dream property. A rare opportunity to own a fully renovated two-unit property on an impressive 6,980-square-foot double-frontage lot, offering flexibility, income potential, and room to grow. Both residences have been thoughtfully renovated from top to bottom with new kitchen cabinetry, plumbing, roofing, flooring, light fixtures, A/C systems, and appliances. Each unit also features its own brand-new indoor laundry and dedicated water heater, providing the privacy, convenience, and independence that tenants and owner-occupants appreciate. The expansive double-frontage lot provides excellent access and exciting possibilities for additional parking, outdoor living, or future development. Subject to city approval, there may also be an opportunity to add an ADU, creating even greater long-term value and rental potential. Live in one unit and rent the other, accommodate extended family while maintaining separate living spaces, lease both units for income, or explore the property’s future development possibilities. With the major improvements already completed, this is a truly turnkey property offering modern finishes, independent living conveniences, a substantial lot, and exceptional flexibility for years to come.

Additional Information

Building Name
Escondido
Cooling
Heat Pump
Lot Size
6,980
Neighborhood
Escondido
Roof
Composition
Tenant Pays
Sewer, Trash, Water, Electricity, Gas/Propane
Year Built
1950

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Omid Maghamfar (858-525-5939) from Listing Office: Coldwell Banker Realty.

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