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320 W Lincoln Ave

Escondido, CA 92026
  • $629,999
  • STATUS: Active
  • ON SITE: 26 Days
  • ID#: 240002311SD
UPDATED: 93 min ago
$629,999
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1950
County:

School Ratings & Info

Listing Agent(s): David Thomas Mejia of David T. Mejia (619-800-1313)


Description

Dont miss this rare opportunity to build 4 UNITS! Approved plans on hand to upgrade existing Duplex from 2 units with 2 bed/1 bath each to 2 units with 3 bed 2 bath each and a detached 2 car garage OR expand project to add another 2 Unit ADU for a total of 4 units. The existing Duplex is stripped down to the studs, ready for construction with permits in hand for the 2x 3bed/2bth project. The property is a hidden gem in San Diego County. Escondido is home to the San Diego Zoo Safari Park and offers a variety of attractions, from hiking and fishing to arts and entertainment. Seize the early phase to add submeters, letting tenants pay utilities for increased ROI. Act now, before the seller starts on the project themselves. Moreover, the property has an approved concept for a 2 unit ADU. Whether you choose to collect rents or explore the potential to sell ADUs separately under the latest regulations, this presents an incredible opportunity for a savvy investor. Act now and secure this deal today!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-27T00:27:34.067. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
www.kevinhillre.com/homes/147138089
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320 W Lincoln Ave Escondido, CA 92026

  • Price: $629,999
  • Status: Active
  • On Site: 26 Days
  • Updated: 93 min ago
  • ID#: 240002311SD
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1950
Built
Neighborhood:
North Escondido
County:
San Diego
Area:
92026 - Escondido
Property Description
Dont miss this rare opportunity to build 4 UNITS! Approved plans on hand to upgrade existing Duplex from 2 units with 2 bed/1 bath each to 2 units with 3 bed 2 bath each and a detached 2 car garage OR expand project to add another 2 Unit ADU for a total of 4 units. The existing Duplex is stripped down to the studs, ready for construction with permits in hand for the 2x 3bed/2bth project. The property is a hidden gem in San Diego County. Escondido is home to the San Diego Zoo Safari Park and offers a variety of attractions, from hiking and fishing to arts and entertainment. Seize the early phase to add submeters, letting tenants pay utilities for increased ROI. Act now, before the seller starts on the project themselves. Moreover, the property has an approved concept for a 2 unit ADU. Whether you choose to collect rents or explore the potential to sell ADUs separately under the latest regulations, this presents an incredible opportunity for a savvy investor. Act now and secure this deal today!
Exterior Features

Parking Total 0 Spa YN No View YN No

Interior Features

Cooling See Remarks Cooling YN Yes Heating YN Yes

Property Features

Association Fee 0 Cap Rate 0 Gross Scheduled Income 0 Levels Multi/Split Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash Net Operating Income 0 Senior Community YN No Tenant Pays ElectricityGrounds CareSewerTrash CollectionWater Zoning R-2:MINOR



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-27T00:27:34.067. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
 
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Berkshire Hathaway HomeServices California Properties
25909 Pala Dr, Suite 100
Mission Viejo CA, 92691
Listing Agent(s): David Thomas Mejia of David T. Mejia (619-800-1313)