320 West Lincoln Avenue

Escondido, CA 92026

$629,999
Price
6
Beds
4
Baths
1,747 Sq. Ft.
$361 / Sq. Ft.
1,747
Sq. Ft.
$361
per Sq. Ft.

Description

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,...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.
  1. Listed by David Thomas Mejia • DRE #01448424 • David T. Mejia

Property Details for 320 West Lincoln Avenue

Area
92026 - Escondido
Neighborhood
NACHTIGALLS
Community
NORTH ESCONDIDO
City Postal ID
ESCONDIDO (92026)
Cross Street(s)
N Escondido BLVD & Centre City

Location

Listing Courtesy of David T. Mejia, David Thomas Mejia, DRE #01448424
Add your commute
LISTING UPDATED: 05/29/2024 02:59 PM

Property Details for 320 West Lincoln Avenue

StatusActive
MLS #240002311
Days on Market131
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1950
Lot Size0.18 AC / 7,840 SF
CountySan Diego County

Location

Listing Courtesy of David T. Mejia, David Thomas Mejia, DRE #01448424
Add your commute

Building Information for 320 West Lincoln Avenue

Stories-Residences-Year Built1950Building Size-Lot Size0.18 AC / 7,840 SF

Payment Calculator

$3,933 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,438

Property Taxes

$495

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 320 West Lincoln Avenue

Summary Information
Property and Location
  • System ID: 240002311
  • Class: 2-4 UNITS
  • Levels: Split Level
  • Year Built: 1950
  • Street Number Numeric: 320
  • Street Direction: W
  • Street Name: Lincoln Ave
  • Map Coordinates: 1129H1
  • Age Restrictions: N/K
  • Market Area: North County
  • 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
HOA and Fees
  • Home Owner Fees: $0
  • Monthly Total Fees: $0
  • CFD/Mello-Roos Fee: $0
  • Other Fees: $0
Interior and Exterior Features
Interior Features
  • Num of Units w/Dishwashers: 0
  • Num of Units w/Cooling: 0
  • Cooling: See Remarks
Exterior Features
  • Exterior: Stucco
  • Roof: Other/Remarks
  • Fencing: Full
  • Security: N/K
Property Information
Property and Assessments
  • Entry Only: No
  • Lot Size: 7,500-10,889 SF
  • Lot Size Source: Assessor Record
  • Lot Dimensions Approx: 147'x50'
  • Frontage: N/K
  • Frontage Dimensions in Ft: 50
  • Additional Property Use: With Structures
  • Zoning: R-2:MINOR
  • Complex/Park: N/A
  • Land Use Code: r-2
  • Assessors Parcel Num: 228-080-09-00
Multi Family Information
Unit 1
  • Unit Num for Unit 1: 320
  • Parking Garage Unit 1: Assigned
  • Parking Non-Garage Unit 1: Assigned
  • Unit 1 Num of Bedrooms: 3
  • Unit 1 Num of Total Baths: 2
  • Unit 1 Deposit: $0
  • Unit 1 Estimated SqFt: 920
  • Unit 1 Exclusive Use Yard: Yes
  • Unit 1 Laundry Hook Ups: Yes
  • Unit 1 Occupied: Vacant
  • Unit 1 Prkng Garage Space: 1
  • Unit 1 Projected Rent: $3,580
  • Unit 1 Rent Actual: $0
Unit 2
  • Unit Num for Unit 2: 322
  • Parking Garage Unit 2: Assigned
  • Parking Non-Garage Unit 2: Assigned
  • Unit 2 Num of Bedrooms: 3
  • Unit 2 Num of Total Baths: 2
  • Unit 2 Deposit: $0
  • Unit 2 Estimated SqFt: 827
  • Unit 2 Exclusive Use Yard: Yes
  • Unit 2 Laundry Hook Ups: Yes
  • Unit 2 Occupied: Vacant
  • Unit 2 Prkng Garage Space: 1
  • Unit 2 Projected Rent: $3,580
  • Unit 2 Rent Actual: $0
Unit 3
  • Unit 3 Num of Total Baths: 0
Unit 4
  • Unit 4 Num of Total Baths: 0

Property History for 320 West Lincoln Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 320 West Lincoln Avenue

Taxable ValueLand$291,459Additions$228,740Total$520,199
Tax Record2023$5,943 ($495 / month)
Home Facts
Total Finished SqFt1,582 SqFtAbove Grade Finished SqFt1,582 SqFtLot Size7,619 SqFtStyleDuplexYear Built1950ZoningR-2:MINOR MULCountySAN DIEGOAPN228-080-09-00

Schools near 320 West Lincoln Avenue

This home is within Escondido Union School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Lincoln Elementary School
PublicK to 5

Rincon Middle School
Public6 to 8

Escondido High School
Public9 to 12

Classical Academy High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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320 West Lincoln Avenue is a multi-family home for sale in Escondido, CA 92026. This property was listed for sale on January 30, 2024 by David T. Mejia, it's currently listed at $629,999. It has been on the market for a total of 131 days and was last sold on February 15, 2022. This listing's school districts are Escondido Union School District, Escondido Union High School District. Nearby schools include Lincoln Elementary School, Rincon Middle School and Escondido High School. 320 West Lincoln Avenue is a 6-bed, 4-bath, 1,747 sqft multi-family home built in 1950.

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Listing Courtesy of David T. Mejia, David Thomas Mejia, DRE #01448424

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