451 10th Avenue
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451 10th Avenue

D

Escondido, CA 92025

$999,999
NEW — 3d

Beds

Baths

Sqft

2,218

Year Built

1961

Days on Market

3

Property Type

Multi-Family

HOA/mo

N/A

MLS ID

SW26116399

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

About This Property

Rare Escondido Pool Property with Multi-Generational Living, ADU Potential & Income-Producing Opportunity! Welcome to 451 E 10th Street, a unique property offering flexibility, lifestyle, and future upside all in one. The main residence features 3 bedrooms and 1.5 bathrooms with beautiful original wood details that bring warmth and character throughout the home. Recent improvements include fresh interior paint, new texture, and new carpet, creating a clean and inviting space while preserving its timeless charm. The lower level offers two separate living areas, creating a rare compound-style setup that is difficult to find in today's market. One area features a spacious 1-bedroom, 1-bath apartment-style layout complete with its own living room and full kitchen. Adjacent to that is a separate studio-style ADU living space. Together with the main residence, the property offers three distinct living areas that provide exceptional flexibility for multi-generational living, extended family, guests, private living quarters, house hacking, or future rental income opportunities. For buyers seeking investment potential, the property's flexible layout offers a projected rental income opportunity of approximately $7,800 per month when fully utilized. Whether owner-occupied while offsetting monthly ownership costs or utilized as an income-producing property, the possibilities are extensive. Not to mention, fully paid solar panels decrease the monthly expenses of the home! Adding to the property's appeal, plans have already been completed and are ready for submission to the City, creating additional value-add potential and future upside for the next owner. Outside, all living areas share access to a private pool and backyard retreat—an extremely rare amenity for a property with this level of versatility. The resort-style setting creates a true compound atmosphere perfect for entertaining, relaxing, or enjoying Southern California living year-round. Whether you're looking for a primary residence, a multi-generational living solution, a house-hack opportunity, or an investment property with rental income potential and future upside, 451 E 10th Street offers a unique combination of flexibility, lifestyle, and opportunity that is rarely available in today's market. Buyers are encouraged to verify all uses, permits, rental income projections, and development opportunities with the City of Escondido.

Mortgage Calculator

Est. Monthly Payment

$6,348

Principal & Interest$5,057
Property Tax$1,000
Insurance$292
%($200,000)
%

Location

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Investment Score

17D
Est. Monthly Rent
$3,775
Monthly Cashflow

Rent − PITIA

$-2,574
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,275

Mortgage (P+I)
$5,057
Cap Rate
0.94%
Cash-on-Cash
-25.65%
DSCR

Need ≥ 1.25 for DSCR loan

0.59
Break-even Rent
$9,327

NOI (Annual)
$9,377
Price-to-Rent

Lower = better for investors

22.1

* 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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