
228 15th Ave #9
CEscondido, CA 92025
Beds
—
Baths
—
Sqft
—
Year Built
1955
Days on Market
12
Property Type
Multi-Family
HOA/mo
N/A
MLS ID
260014598SD
This property is in Escondido (92025). View neighborhood stats →
About This Property
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
Mortgage Calculator
Est. Monthly Payment
$5,707
Location
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Comparable Properties
5 comps foundThis Property
$3,801
Comp Average
$2,998
2341 Red Coral Glen
2bd / 2.5ba · 1,208 sqft · Condo
$560K
Est. $3,478/mo
1651 Juniper Street
3bd / 2.5ba · 1,420 sqft · Condo
$585K
Est. $3,523/mo
831 3rd Avenue
2bd / 2.5ba · 1,284 sqft · Condo
$585K
Est. $2,953/mo
2343 Golden Blaze Glen
2bd / 2.5ba · 1,207 sqft · Condo
$570K
Est. $2,408/mo
1651 Juniper St
2bd / 2ba · 988 sqft · Townhouse
$575K
Est. $2,630/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Rent − PITIA
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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