
Escondido, California 92025
This property presents a High-Potential Investment Opportunity with a List Price of $699,900—positioned well below the $699,425 Fair Market Value by approximately 0%. While the property is in Fair Condition Rating, the 7,948 sqft lot and potential for an ADU provide significant upside for forced appreciation. The home features City Light Views and a flexible layout, though it requires cosmetic updates to reach its full potential. This is a value-add acquisition ideal for Fix-and-Flip Investors or Contractors seeking to build equity in a historic district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 102 E 7th Subject 3 bd · 2 ba · 1,640 sqft · $421 | $699,900* List Price | 3 | 2 | 1,640 | $421 | - |
A 715 S Upas Sold 4 bd · 2 ba · 1,679 sqft · $509 · 0.9 mi | $855,000 | 4 | 2 | 1,679 | $509 | 0.9 mi |
B 1422 S Maple Sold 3 bd · 2 ba · 1,136 sqft · $522 · 0.6 mi | $593,000 | 3 | 2 | 1,136 | $522 | 0.6 mi |
C 544 S Juniper Street Sold 3 bd · 2 ba · 2,262 sqft · $322 · 0.2 mi | $728,500 | 3 | 2 | 2,262 | $322 | 0.2 mi |
D 622 W 13th Ave Sold 3 bd · 2 ba · 1,910 sqft · $366 · 0.7 mi | $700,000 | 3 | 2 | 1,910 | $366 | 0.7 mi |
E 820 E 5th Avenue - Active 3 bd · 2 ba · 1,824 sqft · $406 · 0.6 mi | $740,000 List Price | 3 | 2 | 1,824 | $406 | 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,' this property requires significant rehab. The interior shows heavily damaged hardwood floors, dated wood paneling, and popcorn ceilings. The presence of a portable AC unit suggests the absence of modern HVAC systems, and the 'as-is' status confirms the need for major updates to systems and finishes to meet modern standards.
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 significantly below market value, this 'handyman special' offers a prime opportunity for buyers to build instant equity through cosmetic renovations and improvements.
Located in a historic community near downtown Escondido, the property may be eligible for significant property tax reductions, enhancing its long-term financial appeal.
The property is sold in as-is condition and requires immediate investment in flooring, paint, and general repairs to be move-in ready.
While recorded as a 3-bedroom, 2-bath home, it is currently configured as a 2-bedroom, 1.5-bath, which may require permitting or construction to rectify.
GREAT INVESTMENT OPPORTUNITY FOR OWNER OCCUPIED. PRICED 150-200K BELOW MARKET VALUE, SELLER CREDITING 10K FOR CLOSING COST/REPAIRS. PLUMBING AND ELECTRICAL FUNCTIONAL. NEW OWNER CAN COMPLETE UPDATES AS TIME PERMITS,WHILE LIVING IN THE PROPERTY. This charming home is 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 Property needs TLC mostly cosmetic. Due to location in Historic Community, property maybe eligible for property Tax reduction upon application.
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 | 3.8 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,640 | 2,059.182 |
| Lot Size | 7,948 | 10,916.716 |
| Price | $699.9K | $960.7K |
| Price per sq ft | $427 | $487 |
| Built year | 1949 | 1986 |
| HOA | $0 | $228 |
| Days on market | 50 | 51 |
Sep 4, 2026
$699,900
Initial Listing