Jeremiah Moersch REALTOR®
Office: 760-533-2540
320 Lincoln Ave, Escondido
$629,999
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6 Beds
4 Baths
.17 Acre
0 Garage
Exceptional 4-Unit Development Opportunity in Escondido! Seize approved plans to upscale an existing Duplex from 2 units with 2 beds/1 bath each to 2 larger units with 3 beds/2 baths, plus a detached 2-car garage. Option to further expand with a 2-Unit ADU, achieving a total of 4 units. The Duplex is construction-ready, stripped to the studs with permits for the 2x 3-bed/2-bath project. Situated in San Diego County, Escondido is a hidden gem offering attractions like the San Diego Zoo Safari Park, arts, and outdoor activities. Early development phase allows for submeter installation, letting tenants pay utilities to increase ROI. Act promptly before the seller begins construction. The property also has an approved concept for a 2-unit ADU, providing flexibility to collect rents or sell ADUs separately under new regulations. An incredible chance for savvy investors. Act now to capitalize on this investment!
Essential Information
- MLS® #
- 240002311SD
- Price
- $629,999
- Bedrooms
- 6
- Bathrooms
- 4.00
- Acres
- 0.17
- Year Built
- 1950
- Type
- Residential Income
- Status
- Active
Community Information
- Address
- 320 Lincoln Ave
- Area
- 92026 - Escondido
- Subdivision
- North Escondido
- City
- Escondido
- County
- San Diego
- Zip Code
- 92026
- Senior Community
- N
Interior
- Cooling
- See Remarks
- Stories
- Multi/Split
Additional Information
- Date Listed
- January 31st, 2024
- Days on Market
- 87
- Zoning
- R-2:MINOR
Listing Details
- Agent
- David Thomas Mejia
- Office
- David T. Mejia
LISTING MAP
Based on information from California Regional Multiple Listing Service, Inc. as of April 27th, 2024 at 12:30am PDT. 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. 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, 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.