Now shovel-ready with fully approved plans. Located in the heart of Old Escondido, 321 E 8th Ave presents a rare urban redevelopment opportunity-thoughtfully transformed from a single-family residence into a modern, well-designed triplex. The approved plans feature one 2-bed/2-bath unit, one spacious 2-bed/1-bath unit, and one expansive 3-bed/2.5-bath residence. Each unit is designed with open-concept living spaces, contemporary finishes, clean architectural lines, and abundant natural light. All three units offer private entrances, dedicated parking, and generous outdoor patios or yard areas, delivering exceptional privacy and livability for a property in such a central location. The elevated primary residence captures impressive southwest-facing views, including city lights, downtown San Diego, and ocean glimpses on clear days-an outstanding feature that enhances both lifestyle and long-term value. Designed with sustainability in mind, the project incorporates energy-efficient systems, eco-conscious materials, and durable construction aimed at reducing long-term operating costs. The contemporary two-story architecture and efficient layouts create bright, open, and highly functional living environments throughout. Situated in a high-demand rental market and surrounded by the historic charm of Old Escondido, this versatile triplex offers excellent potential for investors, multi-generational living, or an owner-occupant seeking supplemental income. A unique opportunity combining modern design, strong rental appeal, and a prime location.