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404 W 9Th Ave

Escondido, CA 92025
  • $925,000
  • STATUS: ACTIVE
  • ON SITE: 133 Days
  • ID#: 250018463
UPDATED: 28 min ago
$925,000
  • 7
    BEDS
  • 0.15
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,313
    SQFT
  • $400
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1940
County:

School Ratings & Info

Description

This well-maintained 2-on-1 corner lot property in Escondido has been family-owned for 80 years and presents a well-priced investment opportunity. Ideal for first-time buyers or investors, it features two houses: a turnkey 5-bedroom, 2-bath front house and a 2-bedroom, 1-bath detached unit, offering strong rental income potential. The front house has undergone $100,000 worth of renovations, including a reinforced concrete foundation, the addition of a second full bathroom, vinyl flooring installed throughout the entire house, and much more. Sitting on a 6,725 sq. ft. lot, this property is zoned Commercial while retaining Residential zoning, making it a versatile investment—perfect for multi-family living, rental income, or professional offices. Located on W 9th St, one of the few streets with direct access from East and West HWY 15, this property offers convenience and flexibility. Buyers and buyers’ agents to verify all information.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
www.gellens.com/homes/160166243
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404 W 9Th Ave Escondido, CA 92025

  • Price: $925,000
  • Status: ACTIVE
  • On Site: 133 Days
  • Updated: 28 min ago
  • ID#: 250018463
7
Beds
3
Baths
0
½ Baths
0.15
Acres
2,313
SQFT
$400
$/SQFT
1940
Built
Neighborhood:
Escondido
County:
San Diego
Area:
Escondido (92025)
Property Description
This well-maintained 2-on-1 corner lot property in Escondido has been family-owned for 80 years and presents a well-priced investment opportunity. Ideal for first-time buyers or investors, it features two houses: a turnkey 5-bedroom, 2-bath front house and a 2-bedroom, 1-bath detached unit, offering strong rental income potential. The front house has undergone $100,000 worth of renovations, including a reinforced concrete foundation, the addition of a second full bathroom, vinyl flooring installed throughout the entire house, and much more. Sitting on a 6,725 sq. ft. lot, this property is zoned Commercial while retaining Residential zoning, making it a versatile investment—perfect for multi-family living, rental income, or professional offices. Located on W 9th St, one of the few streets with direct access from East and West HWY 15, this property offers convenience and flexibility. Buyers and buyers’ agents to verify all information.
Exterior Features

Exterior Wood/Stucco Fencing N/K Roof Composition Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 0

Interior Features

Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 1 Total Baths Unit3 0 Total Baths Unit4 0 Unit1 Laundry Hook Ups No Unit2 Laundry Hook Ups No Units With Cooling 0 Units With Dishwashers 2 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 2 Units With Refrigerators 2 Units With Washers 0

Property Features

Actual Cap Rate 6.0 Age Restrictions N/K Annual Expense Actual 19804 Association ID San Diego Association of REALTORS (SDAR) Buildings 1 Cfd Mello Roos Fee 0.0 Community SOUTHWEST ESCONDIDO Complex Park Escondido Cross Streets Centre City Pkwy Gross Rent Multiplier Actual 12.0 Gross Rent Multiplier Project 6.5 Gross Scheduled Income Actual 79200 Mandatory Remarks None Known Market Area North County Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Projected Cap Rate 6.5 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays N/K Terms ConventionalExchangeFHAVA Unit Number For Unit1 404 Unit Number For Unit2 835 Unit1 Deposit 0 Unit1 Occupied Vacant Unit1 Projected Rent 4250.0 Unit1 Rent Actual 4000.0 Unit2 Deposit 0 Unit2 Occupied Tenant Unit2 Projected Rent 2750.0 Unit2 Rent Actual 2600.0

San Diego MLS logo Listing provided courtesy of Seth Watje of Starker West, Inc.: 619-358-3748. Listing information © 2025 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
 
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