1
Map
$890,000
●
House -
Off Market
710 Elmwood
Escondido, CA 92025
4 Beds
3 Baths
1,760 Ft²
$4,366
Est. Monthly
About This Property
A New Roof !!!!!!
A New Fence!!!
Getting 2 Houses for the Price of 1: the Ultimate Dual-Income Opportunity in North County. Rare "Two-on-One" Gem. Fully Permitted ADU.
Situated in central Escondido, this Multi-Family zoned property is a high-yield asset designed for maximum flexibility. Whether you're looking for a turn-key rental engine, a mortgage offset, or multi-generational living, this unique property delivers.
The Main Residence: 3 Bed,2 Bath. Newly remodeled and upgraded inside and out. It boasts new Central AC and the infrastructure is de-risked with upgraded ABS plumbing-a rare, high-value improvement that replaces the area's original cast iron.
The ADU: 1 Bed/1 Bath. A fully legal, permitted revenue engine with its own separate entrance for total privacy. This newly remodeled unit features a full kitchen, living room, and a double-sink bathroom, ensuring premium comfort and independence for tenants or family. The ADU was garage converted and 2 car carport was added.
The backyard patio was converted to a 600 sqft sun-room.
A New Fence!!!
Getting 2 Houses for the Price of 1: the Ultimate Dual-Income Opportunity in North County. Rare "Two-on-One" Gem. Fully Permitted ADU.
Situated in central Escondido, this Multi-Family zoned property is a high-yield asset designed for maximum flexibility. Whether you're looking for a turn-key rental engine, a mortgage offset, or multi-generational living, this unique property delivers.
The Main Residence: 3 Bed,2 Bath. Newly remodeled and upgraded inside and out. It boasts new Central AC and the infrastructure is de-risked with upgraded ABS plumbing-a rare, high-value improvement that replaces the area's original cast iron.
The ADU: 1 Bed/1 Bath. A fully legal, permitted revenue engine with its own separate entrance for total privacy. This newly remodeled unit features a full kitchen, living room, and a double-sink bathroom, ensuring premium comfort and independence for tenants or family. The ADU was garage converted and 2 car carport was added.
The backyard patio was converted to a 600 sqft sun-room.
Unit Size
1,760 Ft²
Days on Market
161 days
Land Size
0.16 acres
Price per sqft
$505
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (CRMLS #SR26078308)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 23, 2026 | Sold | ||
| Sold | |||
| Aug 26, 2026 | In contract | - | |
| In contract | |||
| Aug 13, 2026 | Price Decreased |
$889,000
↓ $6K
(0.7%) | |
| Price Decreased | |||
| Aug 2, 2026 | Relisted | $895,000 | |
| Relisted | |||
| May 16, 2026 | In contract | - | |
| In contract | |||
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Central Escondido
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Listed by: Hong Chen, Crown Real Estate & Funding, Inc.
Last Updated: 2 months ago
Data Source: CRMLS, MLS# SR26078308
Last Updated: 2 months ago
Data Source: CRMLS, MLS# SR26078308
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