228 15th Ave
DEscondido, CA 92025
Soft Appraisal Value: $806,300 · 0.9% below estimate
Beds
3
Baths
1
Sqft
1,008
Year Built
1955
Days on Market
269
Property Type
Single Family
HOA/mo
N/A
MLS ID
240027192SD
Description
This unique property features a charming three-bedroom one-bathroom home and a one-bedroom cottage nestled on nearly a 1/4-acre lot. The main home boasts wood floors throughout. The guest cottage offers a retreat for visitors or could serve as a rental for additional income. The expansive lot provides plenty of space for outdoor living, gardening, or future development. With R2 zoning, there's potential to add more units or expand the existing structures, making this an excellent investment opportunity. Located in a neighborhood that is growing quickly, this property is perfectly positioned to take advantage of Escondido's rising demand for housing, offering long-term growth potential. Whether you're a savvy investor or a homeowner looking to build equity, this is a prime opportunity to add value in a thriving community.
Mortgage Calculator
Est. Monthly Payment
$5,072
Comparable Properties
5 comps foundThis Property
$3,808
Comp Average
$2,639
804 Washington Avenue
2bd / 2ba · 1,064 sqft · Condo
$484K
Est. $2,577/mo
725 4th Ave
2bd / 2ba · 1,089 sqft · Condo
$489K
Est. $2,599/mo
450 Vermont
2bd / 2ba · 1,204 sqft · Condo
$495K
Est. $2,677/mo
2425 Cranston Drive
2bd / 2ba · 832 sqft · Condo
$495K
Est. $2,666/mo
1020 Washington Ave
2bd / 2ba · 1,178 sqft · Condo
$499K
Est. $2,677/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Rent − PITI − HOA
Incl. vacancy, PM, maint, capex
⚠️ Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Defaults: 20% down, 6.5% rate, 30yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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