Income-Producing Duplex with Triplex
222-224 W 8th Ave, Escondido, CA 92025
Cash-flowing Escondido property with a versatile 3-unit configuration.
Type:Multifamily
- Added:
- Mar 3, 2026
- Days on Market:
- 70
- Last Refresh:
- Mar 19 at 9:56 pm
Property Features for 222-224 W 8th Ave
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Building Details
- Year Built
- 1952
Listing agent Taylor Ryan License #02350805
Listing office Sundae Funding, Inc.
Listing date Mar 3, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Sundae Funding, Inc.
HighLights
- Income‑producing property boasting a solid 6.84% cap rate at $1M
- Functions as a triplex with a versatile 3‑unit configuration
- Current rental income of $6,950/month ($83,400 annually)
- Separately metered for SDG&E, tenants pay own gas and electric
- Low owner expenses: approximately $500/month for water/trash and $500/month for property management
- Front unit is a spacious 3BD/2.5BA; rear structure has two independent 1BD/1BA units
Overview
This income-producing property in central Escondido functions as a triplex, although technically classified as a duplex. The front unit, designated as 222, features a spacious 3-bedroom, 2.5-bathroom layout. The rear structure, 224, is divided into two independent 1-bedroom, 1-bathroom units, each equipped with its own kitchen and full bath. The current total rental income is $6,950 per month, amounting to $83,400 annually. The property has projected cap rates of 6.84% at $1,000,000, 6.21% at $1,100,000, and 5.70% at $1,200,000. Each unit is separately metered for SDG&E, with tenants responsible for their own gas and electric expenses. Owner expenses are minimal, averaging approximately $500 per month in total for water and trash for both units, and $500 per month for professional property management of both units. This property presents an opportunity for investors seeking immediate cash flow in a high-demand rental market.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Escondido
- County
- San Diego
- State
- California
- Longitude
- -117.07917
- Latitude
- 33.11463
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Cash-flowing Escondido property with a versatile 3-unit configuration.
Where is this duplex located?
The property is located at 222-224 W 8th Ave Escondido, CA.
What is the asking price?
The asking price for this property is $1,199,999.
What are key features of this property?
This property features: Income‑producing property boasting a solid 6.84% cap rate at $1M; Functions as a triplex with a versatile 3‑unit configuration; Current rental income of $6,950/month ($83,400 annually)
