
Escondido, California 92025
This property presents a High-Potential Investment Opportunity with a List Price of $699,900—positioned well below the $680,355 Fair Market Value by -2%. While the home carries a Condition Rating of 5, the 7,948-square-foot lot offers significant ADU and expansion potential. The historic district location provides unique character and potential tax benefits. This asset is a strategic acquisition for Fix-and-Flip Investors or Contractors capable of executing a comprehensive cosmetic and systemic renovation to capture long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 102 E 7th Subject | $699,900* List Price | 3 | 2 | 1,640 | $415 | - |
A 1422 S Maple Sold | $593,000 | 3 | 2 | 1,136 | $522 | 0.6 mi |
B 544 S Juniper Street Sold | $728,500 | 3 | 2 | 2,262 | $322 | 0.2 mi |
C 610 W 11th Avenue Active | $705,000 List Price | 3 | 2 | 1,444 | $488 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1949 and marketed as a 'handy man special,' the property shows significant age-related wear including heavily damaged hardwood floors, popcorn ceilings, and original/outdated pink tile bathrooms. The listing explicitly states it is sold 'as-is' and needs a full cosmetic and likely systemic overhaul, placing it in the rehab category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7948, living area = 1640.
Priced below market value as a 'handyman special,' this property offers a significant opportunity for buyers to build instant equity through mostly cosmetic renovations like paint and flooring.
The generous 7,948-square-foot lot provides ample space for a potential Accessory Dwelling Unit (ADU), offering a path to increased property value or rental income.
The property is being sold in its current condition, requiring immediate investment in repairs and updates, which may limit financing options for some buyers.
While recorded as a 3-bedroom, 2-bathroom home, it is currently configured as a 2-bedroom, 1.5-bathroom, necessitating further investigation and potential remodeling to align with official records.
Welcome to this charming home 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 handy man special, bring your tools and save. Property needs paint and floors... mostly cosmetic. Due to location in Historic Community, property maybe eligible for property Tax reduction upon application. Property way below market value, waiting for the right buyer to take advantage of this great opportunity
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.7 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,640 | 2,064.88 |
| Lot Size | 7,948 | 11,184.88 |
| Price | $699.9K | $956.1K |
| Price per sq ft | $427 | $491 |
| Built year | 1949 | 1985 |
| HOA | $0 | $236 |
| Days on market | 5 | 47 |
Sep 4, 2026
$699,900
Initial Listing