1104 S Escondido Blvd, Escondido, CA 92025
- $1,130,000
- 2
- BD
- 2
- BA
- 1,108
- SqFt
- Sold Price
- $1,130,000
- List Price
- $650,000
- Closing Date
- Jan 16, 2024
- Status
- CLOSED
- MLS#
- 230018224SD
- Year Built
- 1940
- Bedrooms
- 2
- Bathrooms
- 2
- Living Sq. Ft
- 1,108
- Lot Size
- 7,696
- Acres
- 0.18
- Days on Market
- 57
- Property Type
- Single Family Residential
- Property Sub Type
- Single Family Residence
- Stories
- One Level
- Neighborhood
- Southwest Escondido
Property Description
This property presents a unique investment potential in the southern part of Escondido. The current house requires significant renovations and can only be viewed with accepted offers. This opportunity becomes even more compelling when combined with the adjacent lot, which is also available for sale. When both properties are acquired together, there is the potential to develop up to 15 units in accordance with the city's zoning regulations in Escondido. Moreover, by focusing on affordable housing, there may be opportunities to secure additional bonus density units for the project. Alternatively, this property can be developed as a mixed-use space, featuring commercial storefronts at the front of the building and residential units on the upper floors. The possibilities are vast for this versatile investment opportunity. The adjacent lot will be added to the mls shortly as well.
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Additional Information
- Pool Description
- None
- Heat
- None, See Remarks
- Cooling Description
- None
- Exterior Construction
- Stucco
- Roof
- Asphalt, Shingle
- Sewer
- Unknown
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Amir Miraftab (sdhomesbyamir@gmail.com) from Listing Office: eXp Realty of California, Inc..
Listing sold by Vikram Boregowda from Sterling Nests
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.