Price
$ 350,000
Pending

340 Waverly Pl, Escondido, CA 92025  
  • 2 beds
  • 1 baths
  • 729 sqft

340 Waverly Pl, Escondido, CA 92025  

Perfect opportunity for an investor looking to build up to 14 units. See Supplement Perfect opportunity for an investor looking to build up to 14 units. This 1/5 acre perfectly flat property has street and alley access. It's a short walk to the shops and restaurants on Grand Avenue, the hub of Escondido. The current zoning allows 75 dwellings per acre. The home located on the property is on the local historic register and may not be salvable. But it currently enjoys the benefit of significantly lower property taxes as a result of the Mills Act. So restore it and keep the tax benefit, or have it removed and redevelop. Preliminary investigations have indicated that due to condition, removal from local historic register is likely to be approved (buyer to do own investigations). The current owner would consider carrying a first mortgage with a reasonable down payment. Heating: N/K. Market Area: North County. Sewer: Other/Remarks. Residential Styles: Detached.

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Listing Type
Single Family
Listing ID
170041480
Bedrooms
2
Bathrooms
1
House Size
729
Lot Size
8,078.00 sqft
Listing Status
Contract Pending
Year Built
1927
County
San Diego
Full Bath
1
Subdivision
Downtown Escondido
Zoning
R-4:MULTIP
TaxID
2293020800
Listing courtesy of Brian Williams~The Broker Network
Houses for Sale Nearby
    Listing Information Provided By:
    RE/MAX UNITED
    1615 S Mission Rd Fallbrook, CA 92028 | Phone: (760) 731-2900
    RE/MAX UNITED is licensed in the state of California CalBRE License #: 01998662
    EACH OFFICE INDEPENDENTLY OWNED AND OPERATED.