351 55 W 8th Ave, Escondido, California 92025

Opportunity to acquire two detached 2-bedroom, 1-bath homes with separate utilities situated on a 7, 052 sq. ft. R-3 zoned lot in a centrally located Escondido neighborhood. Conveniently located near schools, shopping, restaurants, and major transportation corridors. Each unit offers private yard space, creating strong tenant appeal and long-term rental potential. Currently generating income with an estimated 6% cap rate, this property presents an excellent value-add opportunity for investors seeking to increase cash flow through renovations and rental repositioning. The large R-3 zoned lot may offer future expansion or redevelopment possibilities (buyer to verify). Whether you are seeking a long-term hold, a value-add renovation project, or a future development, this property offers multiple avenues to maximize returns. Ideal for investors, contractors, buyer’s that are ready to roll up their sleeves, implement improvements, and unlock the property’s full potential.