$868,000
$799,000
8.6%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
3 Baths
1,360 SqFt
SOLD DATE : 04/19/2024
Key Details
Sold Price $868,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,360 sqft
Price per Sqft $638
Subdivision South Escondido
MLS Listing ID SW24061172
Sold Date 04/19/24
Bedrooms 3
Full Baths 2
Half Baths 1
HOA Y/N No
Year Built 2013
Lot Size 0.390 Acres
Property Description
Investor's Dream with Stunning Views: Renovated Dual Unit Property
Welcome to 850 W 7th Avenue in the charming city of Escondido! This newly renovated property presents a unique investment opportunity with two separate units, perfect for savvy investors or homeowners seeking additional income potential.
The bottom unit features a spacious 2-bedroom, 1.5-bathroom layout spanning 900 square feet, while the top unit serves as an ADU (Accessory Dwelling Unit) with 1 bedroom and 1 bathroom across 460 square feet. Both units have undergone recent renovations, including a new roof, freshly renovated kitchen and bathrooms, new paint, and flooring, ensuring a modern and inviting atmosphere for residents.
Nestled on a sprawling 17,000 square foot lot, this property offers ample space for parking and outdoor activities, making it ideal for tenants or homeowners with active lifestyles. Additionally, the large lot size presents the opportunity for further development, with the potential for an owner lot split or the addition of a full-size detached ADU.
One of the most captivating features of this property is its stunning mountain views, providing a picturesque backdrop for daily living and relaxation. Imagine waking up to the sight of majestic mountains every morning, or unwinding on the balcony while soaking in the beauty of the surrounding landscape.
Conveniently located in Escondido, residents will enjoy easy access to local amenities, shopping centers, dining establishments, and recreational activities. With its prime location and income-generating potential, this property is not only a wise investment but also a desirable place to call home.
Whether you're an investor looking to maximize rental income or a homeowner seeking additional space for extended family or guests, 850 W 7th Avenue offers endless possibilities. Don't miss out on this exceptional opportunity – schedule a showing today and explore the potential of this unique property!
Location
State CA
County San Diego
Area 92025 - Escondido
Zoning R1
Rooms
Main Level Bedrooms 2
Interior
Interior Features See Remarks
Heating Wall Furnace
Cooling None
Flooring Vinyl
Fireplaces Type Living Room
Fireplace Yes
Appliance Refrigerator
Laundry See Remarks
Exterior
Parking Features Driveway
Pool None
Community Features Gutter(s), Street Lights
Utilities Available Sewer Connected
View Y/N Yes
View Mountain(s)
Roof Type Composition
Accessibility None
Porch Covered, Deck
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories Two
New Construction No
Schools
School District Escondido Union
Others
Senior Community No
Tax ID 2323201700
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
Financing Cash
Special Listing Condition Standard
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Bought with Max Wilkerson • Compass
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Realtor® | Lic# 01332311