1817 E Grand Avenue 49, Escondido, California 92027, Escondido, 92027 - 2 bed, 2 bath
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1817 E Grand Avenue 49
Escondido, California 92027
ACTIVE
CONDITION: FAIR
2Beds
2Baths
979Sq Ft
387,248Lot Size
Property Price
LIST PRICE$299,900
EST. MARKET VALUE
$330,186
9% BelowMARKET VALUE
SUMMARY
This condo presents a Strong Value Opportunity with a List Price of $299,900—positioned well below the $330,187 Fair Market Value by 9%. This valuation gap offers $30,287 in Instant Equity for buyers. Featuring a Fair Condition Rating, the unit requires cosmetic upgrades, providing a clear path for value-add improvements. Its ground-floor accessibility and proximity to Oak Hill Elementary and major retail hubs ensure high rental demand. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a project with immediate upside.
Estimated Market Value
$330,186+$30,286 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 1817 E Grand Avenue 49 Subject 2 bd · 2 ba · 979 sqft · $337 | $299,900* List Price | 2 | 2 | 979 | $337 | - |
A 1811 E Grand 128 Sold 3 bd · 2 ba · 1,105 sqft · $326 · 0.0 mi | $360,000 | 3 | 2 | 1,105 | $326 | 0.0 mi |
B 2041 E Grand Ave 52 Sold 2 bd · 1 ba · 864 sqft · $353 · 0.3 mi | $305,040 | 2 | 1 | 864 | $353 | 0.3 mi |
C 1811 E Grand Avenue 100 Sold 2 bd · 2 ba · 905 sqft · $352 | $319,000 | 2 | 2 | 905 | $352 | - |
D 1811 E Grand Avenue 149 Pending 1 bd · 1 ba · 709 sqft · $395 · 0.0 mi | $280,000 List Price | 1 | 1 | 709 | $395 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1974, this over 50-year-old condo is explicitly described as dated and needing work. The listing notes it requires a handyman for upgrades, which aligns with the fair criteria of needing minor repairs and updates without indicating major structural defects.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Walkability and Convenience
The property is ideally situated within walking distance to major retailers including Walmart, Home Depot, and grocery stores, offering exceptional daily convenience for residents.
- Ground-Floor Accessibility
Located on the bottom floor in close proximity to parking spaces, this unit offers easy access and eliminates the need for stairs, making it highly desirable for those with mobility preferences.
- Proximity to Education
The condo is located just 0.18 miles from Oak Hill Elementary School, providing a family-friendly environment with extremely short commute times for students.
CONSRISKS & DEFICIENCIES
- Significant Renovation Needed
The unit is explicitly described as dated and in need of a handyman for upgrades, indicating that immediate capital investment will be required to modernize the space.
- High Monthly Carrying Costs
The association fee of $530 per month is relatively high for this price point, which may impact the overall affordability and monthly budget for potential buyers.
About 1817 E Grand Avenue 49
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 a Handyman to make some upgrades, It is dated and needs work 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
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1974
- Lot Size
- 387,248 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $530.0 / Month
Neighborhood Insights
Escondido Unified Schools
Oak Hill Elementary School
Grades K-5 • 0.2 mi
4/10
Hidden Valley Middle School
Grades 6-8 • 1.1 mi
4/10
Quantum Academy
Grades 4-8 • 1.3 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 979 | 971.943 |
| Lot Size | 387,248 | 167,508.696 |
| Price | $299.9K | $427.7K |
| Price per sq ft | $306 | $427 |
| Built year | 1974 | 1981 |
| HOA | $530.0 | $538 |
| Days on market | 30 | 81 |
Pricing History
Listed for Sale
Sep 25, 2026
$299,900
Initial Listing
Sold
Jul 31, 1992
$69,000
Public Record