9704 Del Dios Highway, Escondido, California 92029, Escondido, 92029 - 3 bed, 3 bath
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9704 Del Dios Highway
Escondido, California 92029
ACTIVE
CONDITION: FAIR
3Beds
3Baths
1,982Sq Ft
14,374.8Lot Size
Property Price
LIST PRICE$799,000
SUMMARY
Analysis of 9704 Del Dios Highway, Escondido, California 92029 is currently available with a list price of $799,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1944, this 80-year-old multi-unit property is functional and currently occupied, but shows significant signs of age. The exterior finishes, windows, and hardscaping are dated, and while the description notes it is 'well-designed,' the lack of recent renovation history and the age of the structures suggest that systems and interiors likely require modernization to move beyond basic rental utility.
PROSSTRENGTHS & OPPORTUNITIES
- Immediate Cash Flow & Flexibility
Generating $4,600 in monthly gross revenue with all tenants on month-to-month leases, this property offers immediate income and the strategic flexibility to adjust rents to market rates or owner-occupy.
- Versatile Multi-Unit Configuration
The compound features a standalone 900 sq. ft. main house and a detached duplex, providing a rare layout that maximizes tenant privacy and enhances the property's rental tier value.
- Prime Location & Lot Size
Situated on a generous 14,374 sq. ft. lot near Lake Hodges, the property offers a serene mountain-view setting with easy access to hiking trails and city conveniences.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =14374, other record lot size in square feet = 14488. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 7.
- Utility Limitations
The property lacks gas or propane service and operates on a single water meter for all three units, which may complicate utility billing and limit heating or cooking options.
- Aging Infrastructure
Built in 1944, the structures may require significant ongoing maintenance or capital improvements to modernize systems and meet contemporary tenant expectations.
About 9704 Del Dios Highway
Cash-Flowing 3-Unit Compound in Del Dios – $4,600/Mo on Month-to-Month Leases! Maximize your portfolio with this rare and versatile multi-family asset located in the serene hills of Escondido near Lake Hodges. Fully occupied and generating a strong gross monthly revenue of $4,600, this unique 3-unit compound offers an exceptional opportunity for investors or owner-users. All tenants are currently on month-to-month agreements, providing immediate cash flow with the ultimate flexibility to adjust rents to market rate or move into one unit while letting the others pay the mortgage. The Main House: A standalone, charming 900 sf 1-bedroom, 1-bathroom residence that offers an independent house feel, providing premium rental tier value. The Duplex: A detached structure housing two separate, well-designed 1-bedroom, 1-bathroom units.The property sits on a generous lot with mature trees, providing tenants with a peaceful mountain-view backdrop while remaining just minutes from city conveniences, Lake Hodges trails, and commuting routes. Three electric meters, one water meter, no gas or propane.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1944
- Lot Size
- 14,374.8 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Escondido Unified Schools
Bernardo Elementary School
Grades K-5 • 1.7 mi
7/10
Bear Valley Middle School
Grades 6-8 • 3.7 mi
5/10
Quantum Academy
Grades 4-8 • 6.6 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 1.7 |
| Square foot | 1,982 | 1,185 |
| Lot Size | 14,374.8 | 4,486 |
| Price | $799.0K | $651.8K |
| Price per sq ft | $403 | $532 |
| Built year | 1944 | 1974 |
| HOA | $0 | $267 |
| Days on market | 17 | 50 |
Pricing History
Listed for Sale
Sep 4, 2026
$799,000
$850,000
-6% Price Drop
Initial Listing
Price Change
Aug 23, 2026
$850,000
Initial Listing
Sold
Jun 16, 2017
$645,000
Public Record
Sold
Dec 1, 2008
$100,000
Public Record
Sold
Dec 12, 2005
$750,000
Public Record
Sold
Dec 8, 2005
$425,000
Public Record