Income-Producing Duplex with Triplex Layout – 6.84% Cap at $1M Rare opportunity to acquire a cash-flowing property in central Escondido with a versatile 3-unit configuration. Technically a duplex, the property functions as a triplex: the front unit (222) is a spacious 3BD/2.5BA, while the rear structure (224) is divided into two fully independent 1BD/1BA units—each with its own kitchen and full bath. Current total rental income is $6,950/month ($83,400 annually). Projected cap rates: 6.84% at $1,000,000 | 6.21% at $1,100,000 | 5.70% at $1,200,000. Each unit is separately metered for SDG&E, with tenants paying their own gas and electric. Owner expenses are minimal, averaging approximately $500/month in total for water/trash for both units, and $500/month for professional property management of both units. Strong in-place income, flexible layout, and solid cap rate potential make this an excellent opportunity for investors seeking immediate cash flow in a high-demand rental market.
Property Details
Price:
$1,199,999
MLS #:
260004925SD
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subdivision:
South Escondido
Neighborhood:
92025escondido
Listed Date:
Mar 3, 2026
Year Built:
1952
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Schools
Interior
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CA
Exterior
Roof
CMP
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Map
Community
- Address224 W 8th Ave Escondido CA
- SubdivisionSouth Escondido
- CityEscondido
- CountySan Diego
- Zip Code92025
Subdivisions in Escondido
Market Summary
Current real estate data for Single Family in Escondido as of Mar 11, 2026
324
Single Family Listed
72
Avg DOM
448
Avg $ / SqFt
$1,098,397
Avg List Price
Property Summary
- Located in the South Escondido subdivision, 224 W 8th Ave Escondido CA is a Single Family for sale in Escondido, CA, 92025. It is listed for $1,199,999 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1952. The average price per square foot for Single Family listings in Escondido is $448. The average listing price for Single Family in Escondido is $1,098,397.
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