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Duplex with Triplex-Style Configuration

224 W 8th Ave Escondido, CA 92025

224 W 8th Ave, Escondido, CA, 92025
$949,999
For Sale
$949,999

Front 3BD/2.5BA unit plus two separate 1BD/1BA units, each with its own gas and electric metering.

Days on Market75

Property Features for 224 W 8th Ave

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1952
Listing agency
Listed by Taylor Ryan
Source Elliman
Added: May 9 Updated: Jul 22 at 9:23AM Checked: Jul 22 at 9:23AM

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 Taylor Ryan


Investment Insights

Based on property information with market context.

This income-producing duplex is configured and operated as a triplex, with three independent residential units at 224 W 8th Ave in Escondido, CA. The front unit (222) offers a spacious 3BD/2.5BA layout. The rear structure (224) is divided into two fully independent 1BD/1BA units, and each unit has its own kitchen and full bath.

Each unit is separately metered for SDG&E, with tenants paying their own gas and electric. Owner expenses are described as minimal, averaging approximately $500 per month for water/trash for both units, along with about $500 per month for professional property management of both units. Current total rental income is stated at $6,950 per month ($83,400 annually).

Projected cap rates are provided as 6.84% at $1,000,000, 6.21% at $1,100,000, and 5.70% at $1,200,000.

Key Highlights

  • Duplex/triplex income property (Year Built 1952) with a front 3BD/2.5BA unit plus two separate 1BD/1BA units
  • Total current rent: $6,950/month ($83,400 annually) from the 3‑unit configuration
  • Rear structure divided into two fully independent units, each with its own kitchen and full bath

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Catering Service Veterinary Clinic (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Butcher Carpet & Flooring Store (Bike/Boat/Book/etc) Store Fish Market Bed & Breakfast

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Front 3BD/2.5BA unit plus two separate 1BD/1BA units, each with its own gas and electric metering.
Where is this triplex located?
The property is located at 224 W 8th Ave Escondido, CA.
What is the asking price?
The asking price for this property is $949,999.
What are key features of this property?
This property features: Duplex/triplex income property (Year Built 1952) with a front 3BD/2.5BA unit plus two separate 1BD/1BA units; Total current rent: $6,950/month ($83,400 annually) from the 3‑unit configuration; Rear structure divided into two fully independent units, each with its own kitchen and full bath
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