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Escondido, CA 92025,1104 S Escondido Blvd
Escondido, CA 92025,1104 S Escondido Blvd
Escondido, CA 92025,1104 S Escondido Blvd
$1,130,000
Est. payment /mo
$650,000
73.8%
Est.Price: ?

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2 Beds
2 Baths
1,108 SqFt
SOLD DATE : 01/16/2024

Key Details

Sold Price $1,130,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,108 sqft

Price per Sqft $1,019

Subdivision Southwest Escondido

MLS Listing ID 230018224SD

Bedrooms 2

Full Baths 2

Year Built 1940

Lot Size 7,697 Sqft

Property Description

This property presents a unique investment potential in the southern part of Escondido. The current house requires significant renovations and can only be viewed with accepted offers. This opportunity becomes even more compelling when combined with the adjacent lot, which is also available for sale. When both properties are acquired together, there is the potential to develop up to 15 units in accordance with the city's zoning regulations in Escondido. Moreover, by focusing on affordable housing, there may be opportunities to secure additional bonus density units for the project. Alternatively, this property can be developed as a mixed-use space, featuring commercial storefronts at the front of the building and residential units on the upper floors. The possibilities are vast for this versatile investment opportunity. The adjacent lot will be added to the mls shortly as well.

Location

State CA

County San Diego

Area 92025 - Escondido

Interior

Heating None, See Remarks

Cooling None

Laundry None

Exterior

Parking Features Driveway, Gravel, Other

Fence Fair Condition, Wire

Pool None

View Y/N No

Roof Type Asphalt,Shingle

Building

Story 1

Sewer Unknown

New Construction No

Others

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

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California Regional MLS (CRMLS)
Listed by Amir Miraftab • eXp Realty of California, Inc.
Bought with Vikram Boregowda • Sterling Nests
agent
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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