Detached Duplex with $87K+ Annual Income in Revitalized Downtown Escondido.
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Unlock rare versatility with this private, income-producing duplex—two fully detached homes on one lot—set in the heart of Escondido’s walkable downtown. Whether you're an investor seeking strong returns or a buyer looking to offset your mortgage, this property offers a unique blend of financial power and lifestyle comfort. Each single-story unit enjoys private yards, separate entrances, and its own laundry. The front 3BD/2BA unit boasts over 1,400 sq ft of bright, open living space, while the 2BD/2BA rear unit (with separate address) functions as a high-performing rental, guesthouse, or home office. With over $87K/year in verified income and tenants covering most utilities, the cash flow makes sense from day one. Tucked behind a stylish modern fence on a nearly 7,000 sq ft lot, the property features updated landscaping, newer appliances, smart lighting, energy-efficient windows, and over $89K in recent upgrades. Minutes to Grand Ave's cafes, Sprouts, parks, and the I-15, this location delivers both charm and convenience. Highlights: Gross rents of $7,300/month; Potential 8%+ cap rate; Perfect for house hacking, multigenerational living, or passive income; Zoned for growth near the Grand Ave Vision Project and Palomar Heights redevelopment. Live in one, rent the other—or grow your portfolio with a turnkey, high-yield asset in one of North County's fastest-rising urban hubs. *Some photos are virtually staged.
The schools listed here are those closest to the displayed property, and may not be in the catchment area for the listed property. Please be sure to check with the school district to confirm.
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Listing information last updated on May 15th, 2025 at 12:55pm PDT.
