542 2nd Ave, Escondido, CA 92025

$399,000
2
BD
1
BA
880
SqFt
List Price
$399,000
Days on Market
21
Status
ACTIVE
MLS#
190061740
Bedrooms
2
Bathrooms
1
Living Sq. Ft
880
Lot Size(Range)
1-3,999 SF
Lot Size(apprx.)
2,867
City
Escondido
Neighborhood
Escondido
School District
Escondido Union School District
Ownership
Fee Simple
Property Type
Single Family Residential
Year Built
1938

Property Description

Development opportunity in the heart of the growing & desirable Mercado District. Highest & best use is in the commercial zoning. Located conveniently near the 15 freeway. There is a 2 Bd 1 Ba 718 sq.ft. house on the lot producing rental income. Ready for an investor to build an income-producing property. Property is surrounded by fantastic businesses such as Swami's, Mi Guadalajara Restaurant & behind you is a new 32 unit residential project ready to develop. Many possibilities! Alley access & parking

Additional Information

Frontage
N/K
Stories
1 Story
Roof
Composition
Equipment Available
Gas Stove
Additional Rooms
Kitchen, Living Room
Cooling
N/K
Heat Equipment
N/K
Patio
N/K
Heat Source
Other/Remarks
Age Restriction
N/K

Room Dimensions

Supplement
The address is located in the Mercado District of the Escondido Downtown Specific Plan.  A use table is on Page II-3, and the Mercado district is the M column.  It references Figure II-3, which begins on Page II-11.  There is a map on Page II-12 regarding the types of residential uses that are permitted in the Downtown Specific Plan area, and map on the following page shows maximum allowable densities.  Keep in mind minimum parking requirements, which are available in Article 39 of the Escondido Zoning Code.  The minimum parking requirements in Article 39 deal with residential uses, among others, and the requirements vary depending on the type of residential housing.  The Downtown Specific Plan is available here: https://www.escondido.org/Data/Sites/1/media/PDFs/Planning/Dow ntownSpecificPlan.pdf?v=4  Article 39 is available here: http://www.qcode.us/codes/escondido/view.php?topic=33-39&showAll=1&frames=on Best,

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