Two-Residence Income Property
28605 Rolling Rock Rd Escondido, CA 92026
For Sale
$995,000
Two residences on two parcels with attached and detached garages, workshops, and basement space for flexible use.
Lot Size1.83 Acres
Days on Market21
Property Features for 28605 Rolling Rock Rd
General Information
Standard status
Active
Lot size
1.83 Acres
Property subtype
Multi Family Home
Building Details
Year Built
1967
Listing Agency:
Compass
(619) 838-9838
Listed By:
Tony Elias · License #01305085
(619) 838-9838
Source:
Americangrouponline
Added: Jul 9
Changed: Jul 27
Last Checked: Jul 29 at 12:40PM
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 Compass
Investment Insights
Based on property information with market context.
This residential income property consists of two parcels sold together, totaling approximately 1.83 acres (APNs 185-090-46-00 and 185-300-34-00). The primary parcel includes the main residence plus extensive improvements, while the adjoining parcel adds additional privacy and open space.
The charming primary residence is approximately 1,500 square feet and features 3 bedrooms, 2 bathrooms, and a basement that can support additional storage or flexible-use space. A separate second residence is approximately 600 square feet with 1 bedroom, 2 bathrooms, a kitchen, living and dining area, and dedicated office space.
For workspace, storage, and projects, the property includes a detached 2-car garage with an attached workshop, a newer approximately 1,000-square-foot workshop, and a newer storage shed. The second residence offers a variety of potential uses subject to buyer verification and applicable regulations.
The charming primary residence is approximately 1,500 square feet and features 3 bedrooms, 2 bathrooms, and a basement that can support additional storage or flexible-use space. A separate second residence is approximately 600 square feet with 1 bedroom, 2 bathrooms, a kitchen, living and dining area, and dedicated office space.
For workspace, storage, and projects, the property includes a detached 2-car garage with an attached workshop, a newer approximately 1,000-square-foot workshop, and a newer storage shed. The second residence offers a variety of potential uses subject to buyer verification and applicable regulations.
Key Highlights
- 1.83‑acre property across two parcels (APNs 185‑090‑46‑00 and 185‑300‑34‑00), sold together for added privacy and space.
- Primary residence built in 1967 offers approx. 1,500 SF, 3 bedrooms, 2 bathrooms, and a basement for storage or flexible use.
- Second residence includes approx. 600 SF with 1 bedroom, 2 bathrooms, kitchen, living/dining area, and a dedicated office.
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $56.7k | $27.00 |
| − Vacancy | −$3.0k | −$1.41 |
| EGI | $53.7k | $25.59 |
| − OpEx | −$16.1k | −$7.68 |
| NOI | $37.6k | $17.91 |
2,100 SF · lease $27.00/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$537.4K
$470.2K – $627.0K
NOI $37,618 @ 7.0% cap · market cap 3.78%
Second Best
Apartment 5plus
$495.8K
$433.9K – $578.5K
NOI $34,709 @ 7.0% cap · market cap 3.49%
Theoretical Best
Office A
$741.3K
$648.7K – $864.9K
NOI $51,892 @ 7.0% cap · market cap 5.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two residences on two parcels with attached and detached garages, workshops, and basement space for flexible use.
Where is this duplex located?
The property is located at 28605 Rolling Rock Rd Escondido, CA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 1.83‑acre property across two parcels (APNs 185‑090‑46‑00 and 185‑300‑34‑00), sold together for added privacy and space.; Primary residence built in 1967 offers approx. 1,500 SF, 3 bedrooms, 2 bathrooms, and a basement for storage or flexible use.; Second residence includes approx. 600 SF with 1 bedroom, 2 bathrooms, kitchen, living/dining area, and a dedicated office.
