850 W 7th Avenue, Escondido CA, 92025
(Closed)
Sold Price:
$868,000
Date:04/19/2024
$868,000
Date:04/19/2024
|
3 beds, 2 Full/1 Half baths, 1,360 sqft
|
MLS# SW24061172
Last Updated: 4/27/2024 8:12 AM
Description for
850 W 7th Avenue
Escondido, CA 92025
Investor's Dream with Stunning Views: Renovated Dual Unit PropertyWelcome to 850 W 7th Avenue in the charming city of Escondido! This newly renovated property presents a unique investment opportunity with two separate units, perfect for savvy investors or homeowners seeking additional income potential.The bottom unit features a spacious 2-bedroom, 1.5-bathroom layout spanning 900 square feet, while the top unit serves as an ADU (Accessory Dwelling Unit) with 1 bedroom and 1 bathroom across 460 square feet. Both units have undergone recent renovations, including a new roof, freshly renovated kitchen and bathrooms, new paint, and flooring, ensuring a modern and inviting atmosphere for residents.Nestled on a sprawling 17,000 square foot lot, this property offers ample space for parking and outdoor activities, making it ideal for tenants or homeowners with active lifestyles. Additionally, the large lot size presents the opportunity for further development, with the potential for an owner lot split or the addition of a full-size detached ADU.One of the most captivating features of this property is its stunning mountain views, providing a picturesque backdrop for daily living and relaxation. Imagine waking up to the sight of majestic mountains every morning, or unwinding on the balcony while soaking in the beauty of the surrounding landscape.Conveniently located in Escondido, residents will enjoy easy access to local amenities, shopping centers, dining establishments, and recreational activities. With its prime location and income-generating potential, this property is not only a wise investment but also a desirable place to call home.Whether you're an investor looking to maximize rental income or a homeowner seeking additional space for extended family or guests, 850 W 7th Avenue offers endless possibilities. Don't miss out on this exceptional opportunity schedule a showing today and explore the potential of this unique property!
Price
Sold Price:
$868,000
Sold Date:04/19/2024
$868,000
Sold Date:04/19/2024
South Escondido
San Diego
3
2 Full/1 Half
1,360 (approx)
SW24061172
Closed
Description
Investor's Dream with Stunning Views: Renovated Dual Unit PropertyWelcome to 850 W 7th Avenue in the charming city of Escondido! This newly renovated property presents a unique investment opportunity with two separate units, perfect for savvy investors or homeowners seeking additional income potential.The bottom unit features a spacious 2-bedroom, 1.5-bathroom layout spanning 900 square feet, while the top unit serves as an ADU (Accessory Dwelling Unit) with 1 bedroom and 1 bathroom across 460 square feet. Both units have undergone recent renovations, including a new roof, freshly renovated kitchen and bathrooms, new paint, and flooring, ensuring a modern and inviting atmosphere for residents.Nestled on a sprawling 17,000 square foot lot, this property offers ample space for parking and outdoor activities, making it ideal for tenants or homeowners with active lifestyles. Additionally, the large lot size presents the opportunity for further development, with the potential for an owner lot split or the addition of a full-size detached ADU.One of the most captivating features of this property is its stunning mountain views, providing a picturesque backdrop for daily living and relaxation. Imagine waking up to the sight of majestic mountains every morning, or unwinding on the balcony while soaking in the beauty of the surrounding landscape.Conveniently located in Escondido, residents will enjoy easy access to local amenities, shopping centers, dining establishments, and recreational activities. With its prime location and income-generating potential, this property is not only a wise investment but also a desirable place to call home.Whether you're an investor looking to maximize rental income or a homeowner seeking additional space for extended family or guests, 850 W 7th Avenue offers endless possibilities. Don't miss out on this exceptional opportunity schedule a showing today and explore the potential of this unique property!
Listing Information
| Property Type: Single Family, 2 Story | ||
| 3 | 2 Full/1 Half | |
| 0.39 Acres | Assessor | 1,360 (approx) |
| 2013 | 2 | |
South Escondido
Public
Public Sewer
Sewer Connected
Neighborhood
School Information
| District: Escondido Union | ||
Room Information
| Bathrooms: Main Level: 2 | |||
| 2 | 1 | ||
Main Level: 2, Total: 3
See Remarks
Interior Features
Refrigerator
Vinyl
None
Other,
Wall Furnace
1 Common Wall
1
Living Room
Exterior / Lot Features
0 Covered Parking Spaces,
Driveway
Covered,Deck
Composition
None
None
Mountain
0-1 Unit/Acre
Driving Directions
9th/Auto Parkway to 9th to Tulip to 7th
Financial Considerations
| 2323201700 |
Cash,Conventional,VA Loan
Listing Price History
Escondido Real Estate
Escondido is located in California. Escondido, California 92025 has a population of 152,273.
The median household income in Escondido, California 92025 is $64,846. The median household income for the surrounding county is $83,628 compared to the national median of $66,222. The median age of people living in Escondido 92025 is 38 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 4/23/2024 | Sold | $868,000 USD 8.64% |
|
| 4/5/2024 | Pending | $799,000 USD |
|
| 3/28/2024 | Active | $799,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $1,446 USD | 1.12% | $124,373 USD | - |
| 2022 | $1,430 USD | 1.63% | $124,373 USD | 2.00% |
| 2021 | $1,407 USD | 0.57% | $121,935 USD | 3.06% |
| 2020 | $1,399 USD | 2.42% | $118,320 USD | - |
| 2019 | $1,366 USD | 2.86% | $118,320 USD | 2.00% |