Exceptional investment and development opportunity in the heart of Escondido! Situated on a flat and highly usable 19,048 sq. ft. (0.44 acre) lot, this property offers incredible potential for investors, developers, or owner occupants looking to maximize its future possibilities. The property is zoned R-2 (Minor Multiple Residential) and may offer the opportunity to develop up to five residential units. Buyer to verify all zoning, density, and development potential with the City of Escondido. The existing 4 bedroom, 2 bathroom home provides immediate value with the option to renovate, occupy, or generate rental income while planning future development. The backyard features a private in ground swimming pool in excellent condition along with a detached pool house that includes an unpermitted bathroom and living area. The pool house does not have hot water and is being sold in its current condition. Conveniently located near shopping, dining, schools, parks, and major commuter routes, this is a rare opportunity to own a property with outstanding upside in a desirable Escondido location.