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228 E 15th Ave

Escondido, CA 92025
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Investor and developer opportunity! Situated on a spacious 9,000 SF R-2 lot, this income-producing property features a 3-bedroom home plus a detached guest unit generating a combined $5,800/month in rental income. The oversized lot offers excellent potential for expansion, including the possibility of adding an ADU, increasing rental income, or exploring additional development opportunities (buyer to verify with local planning and zoning authorities). Whether you're seeking strong cash flow, value-add upside, or long-term development potential, this versatile property presents a rare opportunity in a desirable location. Highlights: 3-bedroom main residence + guest unit 9,000 SF R-2 zoned lot $5,800/month current gross rental income Potential to add an ADU Expansion and redevelopment possib ilities Ideal for investors, owner-users, or developers

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Detail Ic Property Details

Property Type : Residential Income

Price : $899,000

AD Id : 84978048

MLS Id : 260014598SD

Year Built : 1955

County : San Diego

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Feature Features

  • Bathroom Information

    Total Baths: 0
  • Interior Features

    Roof: Composition Property Appliances: Gas Water Heater
  • Cooling Features

    None Air Conditioning

    Heating Source

    Floor Furnace,Natural Gas Has Heating

  • Building Information

    Year Built: 1955 Roof: Composition
  • Pool Features

    None

    Fencing

    Partial

  • Listing Price Information

    Original List Price: 899,000 Listing Contract Date: 2026-06-16
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 2335931000

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Electricity,Gas,Water

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 92025 - Escondido Directions: Escondido Bl. to 15th, right turn. CrossStreet: Juniper Zoning: R-2 Source Property Type: Residential Income Area: 92025 - Escondido
  • Building and Construction

    Property Age: 71 Year Built Source: Vendor Enhanced Levels or Stories: One Building Total Stories: 1
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
15735 Highland Valley R.., Escondido, CA, 92025 $1,609,000 4 2 2,125 2,125 SqFt
14106 Summit Crest, Escondido, CA, 92025 $2,750,000 5 4 5,713 5,713 SqFt
3611 Tierra De Dios, Escondido, CA, 92025 $1,595,000 5 4 3,070 3,070 SqFt
806 Needlerock Place, Escondido, CA, 92025 $2,225,000 4 3 3,039 3,039 SqFt
810 Calle Montera, Escondido, CA, 92025 $950,000 3 2 1,744 1,744 SqFt
303 Amparo Drive, Escondido, CA, 92025 $1,275,000 5 4 4,084 4,084 SqFt
664 N Fig St, Escondido, CA, 92025 $850,000 4 2 1,353 1,353 SqFt
451 E 10th Avenue, Escondido, CA, 92025 $999,999 -- -- 2,218 2,218 SqFt
228 E 15th Ave, Escondido, CA, 92025 $799,000 3 1 1,008 1,008 SqFt
403 11 4th Ave, Escondido, CA, 92025 $975,000 -- -- 1,884 1,884 SqFt

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ByOwner last updated this listing 06/19/2026 @ 04:36

MLS: 260014598SD LISTED BY: Mark Schwartz, Compass 858-345-4514 SOURCE: CRMLS

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