845 W 3Rd
Property Overview
Rare opportunity to own a versatile income-producing property featuring two detached residences on one lot, with fully approved plans and building permits for a third unit. The front unit currently generates approximately $3,800 per month, and the detached back unit generates approximately $1,900 per month, for a total current rental income of approximately $5,700 per month.The approved 600 sq. ft. ADU is ready for immediate construction and will be attached to the back unit. The best part is that neither the front unit nor the back unit needs to be vacated during construction of the third unit, allowing you to continue collecting rental income while the project is being built.
Home Details
- Property type
- Residential - SingleFamilyResidence
- Year built
- 1931
- Living area
- 1,524 sq ft
- Lot size
- 5,825 sq ft
- Parking
- 2 spaces
- Stories
- 1
- Days on market
- 0
- Full bathrooms
- 2
- MLS status
- Active
- Zoning
- R-2:MINOR
Features & Amenities
Appliances
- Gas Cooking
- Gas Range
- Gas Water Heater
- Microwave
- Refrigerator
- Range Hood
Parking
- Carport
- Other
Pool
- None
Community, Schools & Utilities
Community
- Subdivision
- Southeast Escondido
- Fireplace
- Yes
- View
- None
Utilities
- Heating
- NaturalGas
- Cooling
- CentralAir
Location & Neighborhood
Frequently Asked Questions About 845 W 3Rd
Property type: Residential
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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