845 3rd
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845 3rd

C

Escondido, CA 92025

$935,000
NEW — 2d

Soft Appraisal Value: $914,100 · 2.3% above estimate

Beds

4

Baths

2

Sqft

1,524

Year Built

1931

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

260016315SD

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

About This Property

Rare opportunity to own a versatile income-producing property featuring two detached residences on one lot, with fully approved plans and building permits for a third unit. The front unit currently generates approximately $3,800 per month, and the detached back unit generates approximately $1,900 per month, for a total current rental income of approximately $5,700 per month.The approved 600 sq. ft. ADU is ready for immediate construction and will be attached to the back unit. The best part is that neither the front unit nor the back unit needs to be vacated during construction of the third unit, allowing you to continue collecting rental income while the project is being built.

Mortgage Calculator

Est. Monthly Payment

$5,936

Principal & Interest$4,728
Property Tax$935
Insurance$273
%($187,000)
%

Location

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Investment Score

26D
Est. Monthly Rent
$3,894
Monthly Cashflow

Rent − PITIA

$-2,042
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,717

Mortgage (P+I)
$4,728
Cap Rate
1.30%
Cash-on-Cash
-23.85%
DSCR

Need ≥ 1.25 for DSCR loan

0.66
Break-even Rent
$8,721

NOI (Annual)
$12,135
Price-to-Rent

Lower = better for investors

20.0

* 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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