739 Park, Escondido, CA 92025
- $715,000
- List Price
- $715,000
- Status
- ACTIVE
- MLS#
- 260023777SD
- Year Built
- 1934
- Lot Size
- 6,896
- Acres
- 0.16
- Days on Market
- 0
- Property Type
- Multifamily
- Stories
- One Level
- Neighborhood
- South Escondido
Property Description
Seller has invested over $160,000 into the property, including more than $100,000 in architectural plans, engineering, and City of Escondido permit-related fees, along with over $60,000 in upgrades to the existing home. Improvements include new drainage, full replacement of hot and cold water lines, a new HVAC system, brand-new kitchen, fully remodeled bathroom, and upgraded windows.The property was previously approved and permitted for three additional units (2 ADUs and 1 JADU); however, the permits/plans have since expired. Buyer to independently verify with the City of Escondido all requirements, costs, and feasibility for renewal, reactivation, or resubmittal of the plans and permits.The flat lot offers significant development potential. The existing fully remodeled 2-bedroom, 1-bathroom home with a den is currently tenant-occupied, providing immediate rental income while a buyer evaluates the potential development of the additional units.
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Additional Information
- Heat
- Forced Air, Natural Gas
- Cooling
- Yes
- Cooling Description
- Zoned
- Roof
- Composition
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Farid Khayamian (Ryan@bluxen.com) from Listing Office: Bluxen, Inc..
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.