
Escondido, California 92025
Analysis of 351 55 W 8th Ave, Escondido, California 92025 is currently available with a list price of $725,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Escondido Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1958 (66 years old) with no mention of recent renovations. The listing description specifically targets contractors and investors to 'roll up their sleeves' and 'implement improvements,' indicating that the kitchens, bathrooms, and systems likely require a full rehab to reach modern standards.
The property features two detached 2-bedroom homes with separate utilities, offering an ideal setup for rental income, multi-generational living, or a house-hacking strategy.
Situated on a 7,052 sq. ft. R-3 zoned lot, the property provides significant long-term value through potential expansion or future multi-family redevelopment possibilities.
Each detached unit includes its own private yard area, a highly desirable feature that enhances tenant appeal and provides a single-family residential feel for occupants.
The property is positioned as a fixer-upper requiring improvements, which implies immediate capital expenditure and effort are needed to unlock its full market value.
Originally built in 1958, the homes likely feature dated systems and materials that may necessitate costly upgrades to plumbing, electrical, or structural components.
2 Homes on One Lot for the Price of One! A rare Escondido opportunity: TWO detached single-story homes on one R-3 zoned lot. Each home offers 2 bedrooms, 1 bath, its own separate utilities, and its own private yard a level of flexibility you almost never find at this price. Occupied by the same long-term tenants for more than 20 years, both homes are now available and ready for a new owner's vision. They do need repairs and remodeling, and the asking price reflects both the current condition and the real opportunity to add value. The possibilities are wide open. Live in one home and rent the other to offset your mortgage. Hold both as an investor for dual rental income. Or use the two-home layout for extended-family and multigenerational living with everyone under separate roofs, separate meters, and their own outdoor space. R-3 zoning also opens the door to future potential (buyer to verify with the City). Seller will entertain offers between $699,000 and $725,000.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 2.0 |
| Baths | 2.0 | 1.5 |
| Square foot | 1,431 | 1,045 |
| Lot Size | 7,052 | 4,486 |
| Price | $725.0K | $716.5K |
| Price per sq ft | $507 | $538 |
| Built year | 1958 | 1979 |
| HOA | $0 | $96 |
| Days on market | 15 | 40 |
Jul 14, 2026
$725,000
$699,000
+4% Price Increase
Initial Listing
Jul 7, 2026
$699,000
Initial Listing
May 8, 2003
$309,000
Public Record