320 W Lincoln Ave Escondido, CA $629,999

320 W Lincoln Ave | ESCONDIDO (92026) NACHTIGALLS

$629,999 Registered users get up to $3,150More Info | 6 Beds | 4 Baths (4 Full) | 1,747 Sq. Ft.

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. Submitted concept for a 2-unit ADU to city who verbally approved this type of ADU was acceptable on this property providing potential flexibility to collect rents or sell ADUs separately under new regulations. An incredible chance for savvy investors. Act now to capitalize on this investment! Buyers and their Agents are encouraged to verify all info with city of Escondido. SDMLS 240002311

Directions to property: 15 to 78 east to Centre city parkway right on decatur right on north Escondido BLVD & then turn on west lincoln. From freeway to

MLS Listing ID: 
SDMLS 240002311
Purchase
Community Information
Community Name: 
NORTH ESCONDIDO
Association Fee: 
$0
Building Details
Details about the building on a property.
Year Built: 
1950
New Construction: 
0
Living Area: 
1,747
Construction
Roof: 
Other/Remarks
Exterior: 
Stucco
DisabilityFeatures: 
No
Room Details
Details about the rooms in the building.
Total Bedrooms: 
6
Total Bathrooms: 
4
Total Full-Bathrooms: 
4
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Cooling System: 
Other/Remarks
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.18
Lot Size (Area): 
7,619
Lot Area Units: 
SqFt
Lot Size (Dimensions): 
147'x50'
Waterfront: 
0
Lot Features
Parking Type: 
Assigned
Fence: 
Full
Public Record
Parcel Number: 
228-080-09-00
Property Zoning: 
R-2:MINOR
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
1/31/2024
Status Change Date/Time: 
1/31/2024
Contract Details
Details about the listing contract.
Buyer's Agent Compensation: 
2
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
David Thomas Mejia
Listing Office Name: 
David T. Mejia

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