147 W 7th Avenue, Escondido, California 92025, Escondido, 92025 - 3 bed, 3 bath
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147 W 7th Avenue
Escondido, California 92025
ACTIVE
CONDITION: GOOD
3Beds
3Baths
1,380Sq Ft
7,000Lot Size
Property Price
LIST PRICE$830,000
EST. MARKET VALUE
$780,002
6% AboveMARKET VALUE
SUMMARY
This Historic Spanish Bungalow represents a High-Potential Investment Opportunity, listed at $830,000—positioned well above the $780,003 Fair Market Value by -6%. Featuring a Condition Rating of 3, the property includes modern infrastructure like paid-off solar panels, a new AC system, and a versatile second building perfect for an ADU conversion. While the local school ratings are modest, the Mills Act eligibility provides significant long-term tax savings. This unique asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a historic home with modern efficiency.
Estimated Market Value
$780,002
Based on Realkey algorithm analyzing recent comparable sales in Escondido.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 147 W 7th Avenue Subject | $830,000* List Price | 3 | 3 | 1,380 | $565 | - |
A 755 Beacon Place Sold | $900,000 | 3 | 2 | 1,473 | $611 | 0.2 mi |
B 940 S Upas Street Sold | $710,000 | 3 | 2 | 1,216 | $584 | 0.7 mi |
C 1011 Chestnut Sold | $800,000 | 3 | 2 | 1,403 | $570 | 0.6 mi |
D 211 W 9th Ave Sold | $625,000 | 3 | 2 | 990 | $631 | 0.1 mi |
E 159 W 5th Ave Sold | $670,000 | 2 | 2 | 937 | $715 | 0.2 mi |
F 1305 Kiso Glen Sold | $690,000 | 3 | 3 | 1,216 | $567 | 1.0 mi |
G 135 E 10th Sold | $985,000 | 3 | 2 | 1,670 | $590 | 0.2 mi |
H 610 W 11th Avenue Active | $705,000 List Price | 3 | 2 | 1,444 | $488 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1926, the property features a renovated kitchen and bathrooms (estimated 5-15 years old) and updated systems including a recently purchased AC and updated electrical panels. The home is well-maintained and move-in ready with functional modern upgrades like solar panels.
PROSSTRENGTHS & OPPORTUNITIES
- ADU Potential & Versatility
The property includes a unique second building featuring an office, bar, and two garages, providing an excellent foundation for a guest house or ADU conversion.
- Modern Infrastructure & Efficiency
Extensive upgrades include 18 paid-off solar panels, updated electrical systems, a new AC unit, and renovated kitchen and bathrooms, offering modern reliability in a historic home.
- Historic Charm & Tax Incentives
Located in the Old Escondido Historic District, the property is eligible for the Mills Act, which offers significant property tax savings for maintaining its 1926 Spanish Bungalow character.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1380, other record living area = 1280.
- Local School Ratings
The assigned public schools for this address, such as Central Elementary and Orange Glen High, carry lower performance ratings, which may impact appeal for families.
- Market Stagnation
With 58 days on the market and a recent price reduction, the property is showing slower-than-average momentum, suggesting the initial pricing may have exceeded local market expectations.
About 147 W 7th Avenue
Discover timeless charm in this 1926 beautifully maintained Spanish Bungalow, ideally situated in the heart of Old Escondido's Historic District. This unique property offers TWO DISTINCT BUILDINGS. The main home features three bedrooms and two bathrooms, with details including original hardwood floors and classic double-hung windows. The second building offers two one-car garages, a bar, a spacious office, and a half bathroom, creating an ideal space for work, hobbies, and entertaining, or make into an ADU. Outside, enjoy a beautifully maintained yard with a large covered patio, irrigated lawns, and a fire pit, hot tub, perfect for relaxing or gathering with friends and family. This is a rare opportunity to own a truly special piece of Escondido history. See this rare opportunity today! Features include: PAID-OFF 18 solar panels/UPDATED electrical panels for both building/RECENTLY purchased eight-person hot tub/FRUIT trees including avocado, lemon, peach, and plum/RECENTLY purchased AC system/RENOVATED kitchen and bathrooms/TWO detached storage units/THREE alleyway parking spaces/MILLS Act application at City Hall for approval (huge property tax savings)
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1926
- Lot Size
- 7,000 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Escondido Unified Schools
Central Elementary School
Grades K-5 • 0.2 mi
3/10
Felicita Elementary School
Grades K-5 • 0.7 mi
4/10
Juniper Elementary School
Grades K-5 • 1.0 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.7 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,380 | 2,064.88 |
| Lot Size | 7,000 | 11,184.88 |
| Price | $830.0K | $956.1K |
| Price per sq ft | $601 | $491 |
| Built year | 1926 | 1985 |
| HOA | $0 | $236 |
| Days on market | 62 | 47 |
Pricing History
Listed for Sale
Aug 16, 2026
$830,000
$850,000
-2% Price Drop
Initial Listing
Price Change
Jul 9, 2026
$850,000
Initial Listing
Sold
May 1, 2020
$507,000
Public Record