Sold for $1,056,000

Listed by: Real Broker • Sean Hill • Contact: 704-264-5001

Bought with: Real Broker

$1,056,000

542 W 8th Ave, Escondido, CA 92025

--beds

--baths

1,450sqft

Triplex

Built in 1946

-- sqft lot

$1,058,200 Zestimate^®

$728/sqft

$3,097 Estimated rent

Home value

$1,058,200

$974,000 - $1.15M

$3,097/mo

Zestimate^® history

Owner options

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$3,097/mo

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$3,097/mo

Rent Zestimate^®

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$6,735/mo

Est. payment

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$6,735/mo

Est. payment

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What's special

Private entrancesOutdoor spaces

Incredible investment opportunity in Escondido! This fully occupied triplex generates $6,850+ per month in rental income, with additional income from the leased washer/dryer unit for even greater cash flow. The property features three separate units across two structures, including a 3-bedroom, 2-bath home and two studio units, each with their own private entrances and outdoor spaces. A brand-new HVAC system has been recently installed, reducing future capital expenditures while ensuring comfort and energy efficiency for tenants. Paid-for solar helps minimize utility costs, further enhancing profitability. Please do not disturb tenants.

Facts & features

Interior

Appliances

Laundry: Common Area

Features

Has fireplace: No
Common walls with other units/homes: 1 Common Wall

Interior area

Total structure area: 1,450
Total interior livable area: 1,450 sqft

Property

Features

Entry location: Front Door
Pool features: None

Lot

Size: 6,956 Square Feet
Features: Level

Details

Parcel number: 2333411400
Zoning: R-2: Minor Multiple
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex
Attached to another structure: Yes

Condition

Year built: 1946

Utilities & green energy

Sewer: Public Sewer

Community & HOA

Community

Features: Street Lights, Sidewalks

Location

Region: Escondido

Financial & listing details

Price per square foot: $728/sqft
Tax assessed value: $910,350
Annual tax amount: $10,422
Date on market: 3/19/2025
Listing terms: Cash,Conventional,FHA,VA Loan

Price history

Date	Event	Price
4/18/2025	Sold	$1,056,000+3%$728/sqft
Source: CRMLS #NDP2502512 Report a problem
3/24/2025	Pending sale	$1,025,000$707/sqft
Source: CRMLS #NDP2502512 Report a problem
3/19/2025	Listed for sale	$1,025,000+17.1%$707/sqft
Source: CRMLS #NDP2502512 Report a problem
10/16/2023	Listing removed	--
Source: SDMLS #210028027 Report a problem
8/15/2022	Sold	$875,000+3%$603/sqft
Source: SDMLS #220016990 Report a problem
7/25/2022	Pending sale	$849,900$586/sqft
Source: SDMLS #220016990 Report a problem
7/2/2022	Listed for sale	$849,900+95.4%$586/sqft
Source: SDMLS #220016990 Report a problem
10/15/2021	Sold	$435,000$300/sqft
Source: Public Record Report a problem
10/5/2021	Pending sale	$435,000$300/sqft
Source: SDMLS #210028027 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$10,422 +2.1%	$910,350 +2%
2024	$10,210 +2.3%	$892,500 +2%
2023	$9,979 +57.4%	$875,000 +59.1%
2022	$6,339 +216%	$550,000 +208.1%
2021	$2,006 +0.6%	$178,534 +1%
2020	$1,994 +4.3%	$176,704 +2%
2019	$1,912 +1.2%	$173,240 +2%
2018	$1,890 +1.7%	$169,844 +2%
2017	$1,857 +2.1%	$166,515 +2%
2016	$1,819 +0.9%	$163,251 +1.5%
2015	$1,803 +4.3%	$160,800 +2%
2014	$1,728	$157,651 +0.5%
2013	--	$156,939 +2%
2012	--	$153,863 +2%
2011	--	$150,847 +0.8%
2010	--	$149,720 -0.2%
2009	--	$150,076 +2%
2008	--	$147,135 +2%
2007	--	$144,251 +2%
2006	--	$141,423 +2%
2005	--	$138,651 +2%
2004	--	$135,934 +1.9%
2003	--	$133,444 +2%
2002	--	$130,828 +2%
2001	--	$128,264