Here's a rare opportunity to own a sought-after multi-residential income property in the thriving heart of Downtown Escondido. This two-story multifamily asset features three total units: two 1-bedroom units on the lower level and one 2-bedroom unit upstairs, offering strong rental appeal and steady income history. The property is thoughtfully configured with a practical layout that maximizes privacy and functionality. Its two-story design allows for separation between units, while the fenced on-site parking adds a layer of convenience and security that is highly desirable in a downtown setting. The overall setup supports consistent occupancy, catering to tenants seeking comfortable living in a central location with easy access to everyday essentials. Ideally positioned near shopping centers, restaurants, and local services, the property benefits from its placement in a vibrant and walkable neighborhood. Residents will appreciate and enjoy the convenience of nearby retail and dining options, along with access to public transportation and major commuter routes, making it an attractive choice for a wide range of renters. This property, located in a high-demand rental market, combined with its functional layout and tenant-friendly amenities, presents a compelling opportunity for investors seeking stable cash flow with potential for future upside.
68 days
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332
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12
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Zillow last checked:
Listing updated:
Listed by:
John BoruffDRE #01857648john@palomarps2.com,
Palomar Property Services,
Cesy CruzDRE #01789608760-445-8886,
Palomar Property Services
Source: CRMLS,MLS#: NDP2604350Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
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Facts & features
Interior
Heating
Wall Furnace
Cooling
None
Appliances
Included: Free-Standing Range, Gas Oven, Gas Range, Refrigerator, Water Heater
Laundry: None
Features
Ceiling Fan(s)
Flooring: Carpet, Laminate
Has fireplace: No
Common walls with other units/homes: 1 Common Wall
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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