222-224 W 8th Ave, Escondido, CA 92025

Income-Producing Duplex – 6.84% Cap at $1M Rare opportunity to acquire a cash-flowing property in central Escondido with a versatile 2-unit configuration. Technically a duplex, the property functions as a triplex: the front unit (222) is a spacious 3BD/2.5BA, while the rear structure (224) is divided into two fully independent 1BD/1BA units—each with its own kitchen and full bath. (224) is currently being rented out to one tenant and the entire ADU is a 2BD/2BA. The Seller has rented (224) to two separate tenants in the past, and is configured to do so again if the buyer wishes. Current total rental income is $6,950/month ($83,400 annually). Projected cap rates: 6.84% at $1,000,000 | 6.21% at $1,100,000 | 5.70% at $1,200,000. Each unit is separately metered for SDG&E, with tenants paying their own gas and electric. Owner expenses are minimal, averaging approximately $500/month in total for water/trash for both units, and $500/month for professional property management of both units. Strong in-place income, flexible layout, and solid cap rate potential make this an excellent opportunity for investors seeking immediate cash flow in a high-demand rental market.