1811 E Grand Ave 175, Escondido, California 92027, Escondido, 92027 - 1 bed, 1 bath
ACTIVE$268,000
1811 E Grand Ave 175, Escondido, California 92027
1Bed
1Bath
709Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Value Proposition: Recent comparable sales of identical floor plans in the complex indicate a strong potential for immediate equity or excellent value at the current list price.
Top Cons:
Short Sale Transaction: The property is a short sale, which typically involves a more complex, extended, and less certain closing process due to lender approval requirements.
Compared to the nearby listings
Price:$268.0K vs avg $389.0K ($-121,000)9%
Size:709 sqft vs avg 959 sqft9%
Price/sqft:$378 vs avg $41213%
More Insights
Built in 1974 (51 years old).
Condition: Built in 1974, the property is 51 years old. While the living areas and bedroom feature updated dark laminate/engineered wood flooring and fresh neutral paint, the kitchen is significantly outdated. It has honey oak cabinets, older dark countertops, and white appliances that appear to be original or very old replacements. The kitchen's condition and style would require a full renovation to meet current standards. The overall condition is a mix of cosmetic updates in some areas and very dated features in a key area (kitchen), placing it in the 'Fair' category, as it requires substantial updates to the kitchen and likely the bathroom.
Year Built
1974
Close
-
List price
$268K
Original List price
$265K
Price/Sqft
$378
HOA
$530
Days on market
-
Sold On
-
MLS number
250040946SD
Home ConditionFair
Features
Patio
View-
About this home
Short Sale. exceptional opportunity. check this out, Unit 709 the same floor plan sold for $320,000 3/25/2025. Unit 191 Sold for $316,000 11/18/2024. unit 169 sold for $312,000 12/11/2024. Unit 168 sold for $311.000 on 4/2/2025. All the same floor plan. The first-floor unit has a large patio in an ideal location in the complex. The Oversized primary bedroom has a huge walk-in closet. Amenities include a pool, spa, laundry, and pet walking grounds. Friendly and safe community. The HOA monthly fee includes water, trash service, exterior and common area maintenance.
Nearby schools
4/10
Oak Hill Elementary School
Public,•K-5•0.2mi
4/10
Hidden Valley Middle School
Public,•6-8•1.1mi
7/10
Quantum Academy
Public,•4-8•1.3mi
4/10
Orange Glen High School
Public,•9-12•0.8mi
Condition Rating
Fair
Built in 1974, the property is 51 years old. While the living areas and bedroom feature updated dark laminate/engineered wood flooring and fresh neutral paint, the kitchen is significantly outdated. It has honey oak cabinets, older dark countertops, and white appliances that appear to be original or very old replacements. The kitchen's condition and style would require a full renovation to meet current standards. The overall condition is a mix of cosmetic updates in some areas and very dated features in a key area (kitchen), placing it in the 'Fair' category, as it requires substantial updates to the kitchen and likely the bathroom.
Pros & Cons
Pros
Value Proposition: Recent comparable sales of identical floor plans in the complex indicate a strong potential for immediate equity or excellent value at the current list price.
Extensive Community Amenities: The complex offers a pool, spa, laundry facilities, and dedicated pet walking grounds, enhancing resident lifestyle.
Inclusive HOA Services: The monthly HOA fee covers essential utilities like water and trash, along with exterior and common area maintenance, simplifying living expenses.
Desirable Unit Features: This first-floor unit boasts a large private patio and an oversized primary bedroom with a substantial walk-in closet.
Favorable Location & Community: Situated in a friendly and safe community, with a highly-rated elementary school (Oak Hill Elementary) within walking distance.
Cons
Short Sale Transaction: The property is a short sale, which typically involves a more complex, extended, and less certain closing process due to lender approval requirements.
High Monthly HOA Dues: The $530 monthly HOA fee is substantial for a 1-bedroom, 709 sqft condominium, potentially impacting affordability and long-term ownership costs.
Property Age: Built in 1974, the property is 50 years old, which may suggest the need for potential updates to systems or aesthetics, depending on prior renovations.