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220 S Citrus Avenue

Escondido, CA 92027
  • $1,198,000
  • STATUS: Active
  • ON SITE: 69 Days
  • ID#: P1-9138
UPDATED: 98 min ago
$1,198,000
  • 2
    BEDS
  • 2.87
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,832
    SQFT
  • $654
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1966
County:

School Ratings & Info

Listing Agent(s): Richard Byrd of Park Place Partners, Inc. ((949) 852-8288)


Description

Investor/Developer Opportunity!!! The Property presents a unique opportunity to acquire a development project with the ability to build single-family homes and cash-flowing rentals. It has an approved Tentative Tract Map for 8 single-family lots on a 2.87-acre parcel. The lots average 11,175 square feet with a 10,000 square foot minimum lot size. There is an existing +/-1,832 square foot home on one of the 8 mapped lots. The flat topography of the site can readily accommodate single-family ranch style homes, with the potential to add 8 detached Accessory Dwelling Units (ADU) and 7 attached Junior Accessory Dwelling Units (JADU).

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-06-29T00:29:48.387. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Charlie Sheldrake | Engel & Volkers. Licensed in the State of California, USA.
www.realestatesouthcounty.com/homes/127896325
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220 S Citrus Avenue Escondido, CA 92027

  • Price: $1,198,000
  • Status: Active
  • On Site: 69 Days
  • Updated: 98 min ago
  • ID#: P1-9138
2
Beds
2
Baths
0
½ Baths
2.87
Acres
1,832
SQFT
$654
$/SQFT
1966
Built
Neighborhood:
92027 - Escondido
County:
San Diego
Area:
92027 - Escondido
Property Description
Investor/Developer Opportunity!!! The Property presents a unique opportunity to acquire a development project with the ability to build single-family homes and cash-flowing rentals. It has an approved Tentative Tract Map for 8 single-family lots on a 2.87-acre parcel. The lots average 11,175 square feet with a 10,000 square foot minimum lot size. There is an existing +/-1,832 square foot home on one of the 8 mapped lots. The flat topography of the site can readily accommodate single-family ranch style homes, with the potential to add 8 detached Accessory Dwelling Units (ADU) and 7 attached Junior Accessory Dwelling Units (JADU).
Exterior Features

Architectural Style Other Attached Garage YN No Fencing Chain Link Lot Features 2-5 Units/AcreBack YardLot Over 40000 SqftSprinklers NoneValue In LandYard Parking Features GarageSee Remarks Parking Total 2 Patio And Porch Features None Pool Features None Pool Private YN No Property Attached YN No Road Surface Type Paved Roof Asphalt Spa Features None Spa YN No View None View YN No

Interior Features

Accessibility Features Safe Emergency Egress From HomeSee Remarks Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features See Remarks Fireplace YN Yes Flooring See Remarks Heating None Heating YN No Interior Features All Bedrooms DownMain Level Master

Property Features

Association YN No Common Interest None Community Features Rural Garage YN Yes Land Lease YN No Laundry Features None Lease Considered YN No Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Possession Close Of Escrow Property Condition Fixer Property Sub Type Single Family Residence Senior Community YN No Sewer None Special Listing Conditions Standard Structure Type House Utilities Electricity ConnectedSewer AvailableSee RemarksWater ConnectedSewer Not Available Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-06-29T00:29:48.387. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Charlie Sheldrake | Engel & Volkers. Licensed in the State of California, USA.
 
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Charlie Sheldrake | Engel & Volkers
3636 E. Coast Hwy
Corona del Mar CA, 92625
Listing Agent(s): Richard Byrd of Park Place Partners, Inc. ((949) 852-8288)