1817 E Grand Avenue 49, Escondido, California 92027, Escondido, 92027 - 2 bed, 2 bath
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Escondido, California 92027
This Value-Add Condominium Asset is listed at $310,000, positioned directly at its $310,000 Fair Market Value. Following a substantial price reduction from the original $380,000, this property offers a stable entry point for buyers looking to capture upside through strategic renovation. With a Condition Rating of 4, the interior requires modernization of the kitchen and flooring to rectify deferred maintenance. The unit features Ground-Floor Accessibility and is located within a Walkable Retail Hub near major shopping and Oak Hill Elementary. This project is ideally suited for Fix-and-Flip Investors or first-time buyers prepared to build sweat equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1817 E Grand Avenue 49 Subject | $310,000* List Price | 2 | 2 | 979 | $317 | - |
A 1817 E Grand Ave. Sold | $299,000 | 2 | 2 | 905 | $330 | 0.0 mi |
B 475 N Midway Drive 139 Sold | $305,000 | 2 | 1 | 828 | $368 | 0.5 mi |
C 2041 E Grand Avenue 6 Sold | $365,000 | 2 | 2 | 959 | $381 | 0.3 mi |
D 2041 E Grand Ave. 38 Sold | $330,000 | 2 | 1 | 864 | $382 | 0.3 mi |
E 475 N Midway Drive 169 Pending | $335,000 List Price | 2 | 1 | 1,032 | $325 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974, this property is in mostly original condition and shows significant signs of age. The kitchen features dated cabinetry, laminate countertops, and older white appliances, while the interior displays worn carpeting and likely popcorn ceilings. The listing agent explicitly notes the unit 'needs some love,' indicating deferred maintenance and a need for cosmetic modernization, though the home remains functional and livable.
The property is ideally situated within walking distance to major retail hubs including Walmart, Home Depot, and grocery stores, offering exceptional convenience for daily errands.
As a bottom-floor unit located near designated parking spaces, this home provides easy, stair-free access that is highly desirable for many buyers.
With a recent price reduction and a functional 2-bedroom, 2-bathroom layout, this unit offers significant equity potential for an investor or owner-occupant willing to perform cosmetic upgrades.
The listing explicitly states the unit 'needs some love,' indicating that immediate capital expenditure will be required for repairs and modernization.
The monthly association fee of $530 is relatively high for the price point and age of the complex, which may impact the overall affordability for budget-conscious buyers.
******PRICE REDUCTION!!!! BRING US AN OFFER!!! Buyer could not perform!!! This Condo is 979 Sq. Ft. with 2 bedrooms and 2 baths. Unit is located in the community of Pepperwood Meadows in the city of Escondido. This unit needs some love but it is in a great location on the bottom floor near parking spaces. This community is Situated near parks, Oak Hill Elementary and nearby all the shopping. Grocery stores, Home Depot, Walmart all close enough to walk to. Good Transit access minutes from the I-15 this neighborhood is family friendly/
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 1.1 mi
Grades 4-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 979 | 902 | 81% |
| Lot Size | 387,248 | 10,701.305 | 94% |
| Price | $310.0K | $360.0K | 25% |
| Price per sq ft | $317 | $404 | 6% |
| Built year | 1974 | 1979 | 31% |
| HOA | $530.0 | $466 | 56% |
| Days on market | 281 | 167 | 94% |
Mar 27, 2026
$310,000
$349,000
-11% Price Drop
Initial Listing
Oct 22, 2025
$349,000
Initial Listing
Jul 15, 2025
$380,000
Initial Listing