351 8th Ave

351 8th Ave

B

Escondido, CA 92025

$699,000
NEW — 2d

Soft Appraisal Value: $700,500 · 0.2% below estimate

Beds

4

Baths

2

Sqft

1,431

Year Built

1958

Days on Market

2

Property Type

Duplex

HOA/mo

N/A

MLS ID

PTP2605108

This property is in Escondido (92025). View neighborhood stats →

About This Property

Opportunity to acquire two detached 2-bedroom, 1-bath homes with separate utilities situated on a 7,052 sq. ft. R-3 zoned lot in a centrally located Escondido neighborhood. Conveniently located near schools, shopping, restaurants, and major transportation corridors. Each unit offers private yard space, creating strong tenant appeal and long-term rental potential. Live in one and rent the other unit out! The large R-3 zoned lot may offer future expansion or redevelopment possibilities (buyer to verify). Ideal for investors, contractors, buyer's that are ready to roll up their sleeves, implement improvements, and unlock the property's full potential.

Mortgage Calculator

Est. Monthly Payment

$4,437

Principal & Interest$3,535
Property Tax$699
Insurance$204
%($139,800)
%

Location

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Investment Score

42C
Est. Monthly Rent
$3,175
Monthly Cashflow

Rent − PITIA

$-1,263
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,575

Mortgage (P+I)
$3,535
Cap Rate
1.65%
Cash-on-Cash
-22.11%
DSCR

Need ≥ 1.25 for DSCR loan

0.72
Break-even Rent
$6,520

NOI (Annual)
$11,511
Price-to-Rent

Lower = better for investors

18.3

* 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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