$625,000

Prime Development Opportunity in Old Escondido! Rare chance to acquire a vacant lot with City of Escondido–approved plans for a high-yield residential project. Situated on a ±7,500 SF parcel in the desirable Downtown Redevelopment Area, this property is approved for 4 total units, including a duplex (2 units – each 3 bed / 2 bath) and two attached ADUs (each 2 bed / 2 bath) . The thoughtfully designed project offers approximately 4,496 SF of total habitable space, with modern layouts, private outdoor areas, and 4 on-site parking spaces (two 2-car carports) . Plans incorporate efficient use of space, open space compliance, and contemporary design elements ideal for maximizing rental income or multi-generational living. Located in Central Escondido near Downtown, the property benefits from close proximity to shopping, dining, schools, and major transportation corridors including I-15 and Hwy 78. The site is within a high-demand rental market, making it ideal for investors, developers, or builders looking for a ready-to-go project with significant upside. Utilities including water, sewer, gas, and electricity are available, with infrastructure and site planning already considered in the approved design . Save time and costs with approved plans in place—start construction and bring this income-producing project to life.