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$899,000
New Listing

228 E 15th Ave
Escondido, CA92025

For Sale|Residential Income|Active
0
Beds
0
Total Baths
1955
Built
Subdivision:
South Escondido
County:
San Diego
Listed by Mark Schwartz of Compass [email protected]

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228 E 15th Ave228 E 15th Ave228 E 15th Ave228 E 15th Ave
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Investor and developer opportunity! Situated on a spacious 9,000 SF R-2 lot, this income-producing property features a 3-bedroom home plus a detached guest unit generating a combined $5,800/month in rental income. The oversized lot offers excellent potential for expansion, including the possibility of adding an ADU, increasing rental income, or exploring additional development opportunities (buyer to verify with local planning and zoning authorities). Whether you're seeking strong cash flow, value-add upside, or long-term development potential, this versatile property presents a rare opportunity in a desirable location. Highlights: 3-bedroom main residence + guest unit 9,000 SF R-2 zoned lot $5,800/month current gross rental income Potential to add an ADU Expansion and redevelopment possibilities Ideal for investors, owner-users, or developers

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Listing Snapshot
Price 
$899,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1955
MLS® Number 
260014598SD
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
11 hours agoListing updated with changes from the MLS®
21 hours agoListing first seen on site
General Features
Levels 
One
Number Of Stories 
1
Zoning 
R-2
Interior Features
Appliances 
Gas Water Heater
Heating 
Floor FurnaceNatural Gas
Spa 
Yes
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Exterior Features
Fencing 
Partial
Pool Features 
None
Roof 
Composition
Spa 
Yes
Spa Features 
None
Community Features
Financing Terms Available 
CashConventionalFHAVA Loan
MLS Area 
92025 - Escondido


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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