Description
Prime Development Opportunity in Old Escondido! Rare chance to acquire a vacant lot with City of Escondido-approved plans for a high-yield residential project. Situated on a ±7,500 SF parcel in the desirable Downtown Redevelopment Area, this property is approved for 4 total units, including a duplex (2 units - each 3 bed / 2 bath) and two attached ADUs (each 2 bed / 2 bath) . The thoughtfully designed project offers approximately 4,496 SF of total habitable space, with modern layouts, private outdoor areas, and 4 on-site parking spaces (two 2-car carports) . Plans incorporate efficient use of space, open space compliance, and contemporary design elements ideal for maximizing rental income or multi-generational living. Located in Central Escondido near Downtown, the property benefits from close proximity to shopping, dining, schools, and major transportation corridors including I-15 and Hwy 78. The site is within a high-demand rental market, making it ideal for investors, developers, or builders looking for a ready-to-go project with significant upside. Utilities including water, sewer, gas, and electricity are available, with infrastructure and site planning already considered in the approved design . Save time and costs with approved plans in place-start construction and bring this income-producing project to life. Prime Development Opportunity in Old Escondido! Rare chance to acquire a vacant lot with City of Escondido-approved plans for a high-yield residential project. Situated on a ±7,500 SF parcel in the desirable Downtown Redevelopment Area, this property is approved for 4 total units, including a duplex (2 units - each 3 bed / 2 bath) and two attached ADUs (each 2 bed / 2 bath) .The thoughtfully designed project offers approximately 4,496 SF of total habitable space, with modern layouts, private outdoor areas, and 4 on-site parking spaces (two 2-car carports) . Plans incorporate efficient use of space, open space compliance, and contemporary design elements ideal for maximizing rental income or multi-generational living.Located in Central Escondido near Downtown, the property benefits from close proximity to shopping, dining, schools, and major transportation corridors including I-15 and Hwy 78. The site is within a high-demand rental market, making it ideal for investors, developers, or builders looking for a ready-to-go project with significant upside.Utilities including water, sewer, gas, and electricity are available, with infrastructure and site planning already considered in the approved design
Details
| MLS # | 260008931SD |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 182 |
| Listing Provided By | Bluxen, Inc. | Farid Khayamian |
Features
| Zoning | R-2:MINOR |
|---|---|
| Acreage | 0.18 |
| Property View | Yes |
Exterior
| Lot Features | Level |
|---|---|
| Fencing | None |
| Topography | Level, Sloping |
Utilities
| Utilities | See Remarks |
|---|
Area Information
| State | CA |
|---|---|
| County | San Diego |
| City | Escondido |
| Zip Code | 92025 |
| Area | 92025 Escondido |
| Community Name | East Escondido |
| Listing VS Median (in East Escondido) | |
Price: $625,000 low | high Med: $0 On site: 182 low | high Med: | |
Market Activity 92025
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Learn More About This Property
| State | CA |
|---|---|
| County | San Diego |
| City | Escondido |
| Zip Code | 92025 |
| Area | 92025 Escondido |
| Community Name | East Escondido |
| Listing VS Median (in East Escondido) | |
Price: $625,000 low | high Med: $0 On site: 182 low | high Med: | |
