118 W 8Th Ave, Escondido, CA 92025

$1,100,000

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Sold Price
$1,100,000
List Price
$1,150,000
Closing Date
Oct 31, 2025
Status
CLOSED
MLS#
250039573SD
Year Built
1944
Lot Size
7,454
Acres
0.17
Days on Market
11
Property Type
Multifamily
Stories
Multi Level
Neighborhood
South Escondido

Property Description

Introducing a versatile property poised to meet your unique needs: Nestled in a coveted location, this meticulously upgraded investment gem presents a rare opportunity for savvy buyers. Boasting a main residence exuding modern charm with its 3 bedrooms and 2 baths, complete with full HVAC options including electric and gas, this home sets the stage for comfortable living. But that's just the beginning. Step into Unit 118B, a thoughtfully updated 1-bedroom, 1-bathroom haven. Originally a permitted built out basement of the main house, it now stands as a testament to smart design, offering its own entrance and mini-split HVAC systems. As if that weren't enough, retreat to Unit 118, a detached cottage oasis boasting 2 bedrooms, 1 bathroom, and its own garage and driveway. Here, privacy meets convenience with its separate entrance and updated amenities, providing a tranquil escape for residents. Each unit has been meticulously renovated, featuring new appliances, windows, and electrical systems, ensuring a seamless living experience for all occupants. All but one unit is recently vacant. The 2/1 118C Back house, Is rented until Jan 1 2025 with optiuon to extend or embrace a new chapter. This property offers endless possibilities for investors or families seeking multi-generational living arrangements. Don't miss your chance to own this remarkable property and unlock the potential of this unparalleled investment opportunity. Both driveways at front and rear of property have been repaired with new concrete and the landscaping has also been redone.

Additional Information

Appliances
Gas Water Heater
Pool Description
None
Heat
Electric, Forced Air, Natural Gas
Cooling
Yes
Cooling Description
Central Air, See Remarks
View
None
Roof
Composition
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$78,000

Listing courtesy of Listing Agent: Tulane Joseph (info@thejosephrealtyteam.com) from Listing Office: The Agency.

Listing sold by Scott Schimpf from Keller Williams Realty

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Calculator source: Real Geeks

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.