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Listed by David Thomas Mejia of David T. Mejia
Exceptional 4-Unit Development Opportunity in Escondido! Seize approved plans to upscale an existing Duplex from 2 units with 2 beds/1 bath each to 2 larger units with 3 beds/2 baths, plus a detached 2-car garage. Option to further expand with a 2-Unit ADU, achieving a total of 4 units. The Duplex is construction-ready, stripped to the studs with permits for the 2x 3-bed/2-bath project. Situated in San Diego County, Escondido is a hidden gem offering attractions like the San Diego Zoo Safari Park, arts, and outdoor activities. Early development phase allows for submeter installation, letting tenants pay utilities to increase ROI. Act promptly before the seller begins construction. Submitted concept for a 2-unit ADU to city who verbally approved this type of ADU was acceptable on this property providing potential flexibility to collect rents or sell ADUs separately under new regulations. An incredible chance for savvy investors. Act now to capitalize on this investment! Buyers and their Agents are encouraged to verify all info with city of Escondido.

Property Details of 320 W Lincoln Avenue

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Based on information submitted to CRMLS as of May 18, 2024 10:52 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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