Exceptional 4-Unit Development Opportunity in Escondido! Seize approved plans to upscale an existing Duplex from 2 units with 2 beds/1 bath each to 2 larger units with 3 beds/2 baths, plus a detached 2-car garage. Option to further expand with a 2-Unit ADU, achieving a total of 4 units. The Duplex is construction-ready, stripped to the studs with permits for the 2x 3-bed/2-bath project. Situated in San Diego County, Escondido is a hidden gem offering attractions like the San Diego Zoo Safari Park, arts, and outdoor activities. Early development phase allows for submeter installation, letting tenants pay utilities to increase ROI. Act promptly before the seller begins construction. The property also has an approved concept for a 2-unit ADU, providing flexibility to collect rents or sell ADUs separately under new regulations. An incredible chance for savvy investors. Act now to capitalize on this investment!
Property Type :
Residential Income
Subdivision :
Fallbrook
County :
San Diego
Style :
Residential Income
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ByOwner last updated this listing 05/06/2024 @ 16:17
MLS: 240002311SD
LISTED BY: David Thomas Mejia, David T. Mejia
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
