451 E 10th Avenue, Escondido, California 92025, Escondido, 92025 - 0 bed, 0 bath
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Escondido, California 92025
This Multi-Generational Income Property represents a Strong Value Opportunity, listed at $999,999—positioned well below the $1,061,276 Fair Market Value by 5%. This valuation gap offers $61,277 in Instant Equity. Featuring a Condition Rating of 3, the home includes fully paid solar panels and a private pool. With three distinct living areas and projected $7,800 monthly rental income, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through house-hacking.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 451 E 10th Avenue Subject | $999,999* List Price | 0 | 0 | 2,218 | $478 | - |
A 1845 Country Ln Sold | $910,000 | 3 | 2 | 2,008 | $453 | 0.8 mi |
B 1116 Circle Dr Sold | $915,000 | 4 | 3 | 2,400 | $381 | 0.5 mi |
C 118 W 11th Avenue Sold | $845,000 | 3 | 2 | 1,472 | $574 | 0.3 mi |
D 730 S Broadway Active | $1,150,000 List Price | 4 | 2 | 2,624 | $438 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1961, the property has undergone significant renovations. The kitchens feature granite countertops and stainless steel appliances consistent with a 10-15 year old update. Recent cosmetic improvements including fresh interior paint and new carpeting, along with modern systems like fully paid solar panels, ensure the home is well-maintained and move-in ready.
The property features three distinct living areas, including a main residence, a 1-bedroom apartment, and a studio ADU, offering exceptional flexibility for house-hacking or a projected $7,800 monthly rental income.
Equipped with fully paid solar panels, the home offers significant long-term cost savings and reduced monthly utility expenses, a high-value asset in the California market.
The inclusion of a private pool and resort-style backyard retreat shared by all units is a rare find for multi-unit configurations, significantly enhancing the property's lifestyle appeal.
The main three-bedroom residence only provides 1.5 bathrooms, which may be seen as a drawback for larger families or modern buyers seeking a full primary suite.
Although plans are ready for submission, they have not yet been approved by the City, placing the responsibility and risk of the permitting process on the future owner.
Rare Escondido Pool Property with Multi-Generational Living, ADU Potential & Income-Producing Opportunity! Welcome to 451 E 10th Street, a unique property offering flexibility, lifestyle, and future upside all in one. The main residence features 3 bedrooms and 1.5 bathrooms with beautiful original wood details that bring warmth and character throughout the home. Recent improvements include fresh interior paint, new texture, and new carpet, creating a clean and inviting space while preserving its timeless charm. The lower level offers two separate living areas, creating a rare compound-style setup that is difficult to find in today's market. One area features a spacious 1-bedroom, 1-bath apartment-style layout complete with its own living room and full kitchen. Adjacent to that is a separate studio-style ADU living space. Together with the main residence, the property offers three distinct living areas that provide exceptional flexibility for multi-generational living, extended family, guests, private living quarters, house hacking, or future rental income opportunities. For buyers seeking investment potential, the property's flexible layout offers a projected rental income opportunity of approximately $7,800 per month when fully utilized. Whether owner-occupied while offsetting monthly ownership costs or utilized as an income-producing property, the possibilities are extensive. Not to mention, fully paid solar panels decrease the monthly expenses of the home! Adding to the property's appeal, plans have already been completed and are ready for submission to the City, creating additional value-add potential and future upside for the next owner. Outside, all living areas share access to a private pool and backyard retreat—an extremely rare amenity for a property with this level of versatility. The resort-style setting creates a true compound atmosphere perfect for entertaining, relaxing, or enjoying Southern California living year-round. Whether you're looking for a primary residence, a multi-generational living solution, a house-hack opportunity, or an investment property with rental income potential and future upside, 451 E 10th Street offers a unique combination of flexibility, lifestyle, and opportunity that is rarely available in today's market. Buyers are encouraged to verify all uses, permits, rental income projections, and development opportunities with the City of Escondido.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 4.0 | 1% |
| Baths | 0.0 | 3.0 | 1% |
| Square foot | 2,218 | 2,279.5 | 46% |
| Lot Size | 9,000 | 11,160 | 38% |
| Price | $1000.0K | $1.07M | 44% |
| Price per sq ft | $451 | $497 | 39% |
| Built year | 1961 | 1978 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 121 | 8% |
Jun 4, 2026
$999,999
Initial Listing
Apr 5, 2018
$500,000
Public Record
Dec 18, 2012
$234,000
Public Record