845 W 3rd Ave, Escondido, CA, 92025
About This Home
INVESTOR ALERT – CASH FLOW TODAY, EVEN GREATER RETURNS TOMORROW Exceptional investment opportunity in the heart of Escondido. This income-producing property features two detached residences currently generating approximately $5,700 per month in rental income, providing immediate cash flow from day one. What truly sets this property apart is the fully approved plans and permits for a new 634 SF ADU. Investors can begin construction while continuing to collect rental income from the existing units, creating a rare opportunity to increase cash flow without interrupting current revenue. Investment Highlights • Two detached income-producing residences • Approximately $5,700/month current rental income • Fully approved and permitted 634 SF ADU • Opportunity to add a third income-producing unit • Continue collecting rent during ADU construction • Strong long-term appreciation potential • Excellent opportunity for investors seeking immediate income and future upside Whether you’re expanding your real estate portfolio, completing a 1031 exchange, or searching for a high-potential value-add asset, this property offers an exceptional combination of current income, approved expansion, and long-term growth. Properties offering existing cash flow together with shovel-ready expansion opportunities rarely become available. Contact the listing agent today for rental information, approved ADU plans, and additional investment details.
Getting Around
Very Walkable
Good Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1931
Materials
- Roof: Composition
- Construction materials: Stucco,Wood
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating & Cooling
- Heating features: Wall/Gravity
- Cooling features: N/K
Interior Area
- Total structure area: 1,525
Property
Details
- Parcel number: 2322900500
- Zoning: R-2:MINOR
- Zoning description: R-2:MINOR
Features
- Levels: 1 Story
- Pool features: N/K
- Spa features: N/K
- Fencing: Partial
- Has view: Yes
- View description: Other/Remarks
- Frontage type: Open Space
Lot
- Lot size: 5,662 sqft
- Lot size dimensions: 54 x 105
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Earthquake
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in San Diego County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,500 | $54,000 |
| Home Insurance * | $207 | $2,484 |
| Property Taxes | $844 | $10,128 |
| Electricity | $398 | $4,786 |
| Total | $5,949 | $71,388 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-22 | Listed for sale | $890,000 |
| 2026-07-22 | Listing removed | $935,000 |
| 2026-07-06 | Listed for sale | $935,000 |
| 2024-03-29 | Sold | $775,000 |
| 2024-02-27 | Pending sale | $799,900 |
| 2024-02-09 | Listed for sale | $799,900 |
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