102 E 7th, Escondido, CA 92025

Property Description

GREAT INVESTMENT OPPORTUNITY FOR OWNER OCCUPIED. PRICED 150-200K BELOW MARKET VALUE, SELLER CREDITING 10K FOR CLOSING COST/REPAIRS. PLUMBING AND ELECTRICAL FUNCTIONAL. NEW OWNER CAN COMPLETE UPDATES AS TIME PERMITS,WHILE LIVING IN THE PROPERTY. This charming home is located in the historic district near old downtown Escondido, offering character, a flexible layout, city views and plenty of potential. The property is recorded as a 3 bedroom 2 bath, while the home is currently configured and used as a 2 bedroom 1.5 bath. Buyers are encourage to independently verify bedroom count and all property details. The spacious family room features large windows that bring in abundant natural light and offer views towards the city. Additional features include a formal dining room, laundry room, fire place, over size one car garage, large lot for potential ADU and plenty of storage space in the basement. The property's current condition has already been taken into consideration in the asking price, offering an opportunity for a buyer to bring their vision to the home while building instant future value/equity. SOLD AS-IS Property needs TLC mostly cosmetic. Due to location in Historic Community, property maybe eligible for property Tax reduction upon application.