2041 E Grand Ave 52, Escondido, California 92027, Escondido, 92027 - 2 bed, 1 bath
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Escondido, California 92027
This property presents a Prime Investment Opportunity with a List Price of $324,999—positioned well below the $332,398 Fair Market Value by 2%. This valuation gap offers $7,399 in Instant Equity. Featuring a Fair Condition Rating, the unit includes recent system upgrades like a new roof and AC, providing a solid foundation for cosmetic modernization. With access to community pools and a private balcony, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an accessible entry point.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2041 E Grand Ave 52 Subject | $314,999* List Price | 2 | 1 | 864 | $376 | - |
A 475 N Midway Drive 230 Sold | $338,800 | 2 | 1 | 828 | $409 | 0.4 mi |
B 512 Sandalwood 4 Sold | $374,000 | 2 | 2 | 899 | $416 | 0.9 mi |
C 2536 White Oak Place 5 Sold | $380,000 | 2 | 1 | 856 | $444 | 0.9 mi |
D 2566 White Oak Pl 6 Sold | $338,000 | 2 | 2 | 899 | $376 | 1.0 mi |
E 2528 White Oak Place 5 Sold | $380,000 | 2 | 1 | 856 | $444 | 0.9 mi |
F 1817 E Grand Ave. Sold | $299,000 | 2 | 2 | 905 | $330 | 0.3 mi |
G 529 Sandalwood Pl 6 Sold | $325,000 | 2 | 2 | 899 | $362 | 1.0 mi |
H 1811 E Grand 128 Sold | $360,000 | 3 | 2 | 1,105 | $326 | 0.3 mi |
I 512 Sandalwood 1 Active | $399,000 List Price | 2 | 2 | 899 | $444 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981, the property is over 40 years old and features a dated kitchen with original-style oak cabinetry and older white appliances. While it has excellent system upgrades including a new roof, new dual-pane windows, and a new AC unit, the interior aesthetics require cosmetic modernization to move beyond a 'fair' rating.
The condo features a brand-new roof, new dual-pane windows, and a new AC unit, minimizing immediate capital expenditures for big-ticket maintenance items.
As one of the lowest-priced 2-bedroom units available in Escondido, this property offers an highly accessible entry point for first-time buyers and investors looking to build equity.
Being a second-floor end unit grants enhanced privacy, a rare private balcony with neighborhood and hill views, and the added benefit of a detached one-car garage.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =113827, other record lot size in square feet = 113767.
The monthly association fee of $560 is relatively high, which increases the buyer's recurring carrying costs and impacts overall monthly affordability.
The property is noted as an opportunity for buyers to add their 'personal touch,' indicating that the interior finishes may be dated and require additional investment to modernize.
New Roof | New Dual Pane Windows | New AC Unit | 2nd Floor End Unit. Welcome to this 2-bedroom, 1-bath condo in a well-maintained Escondido community, an incredible opportunity for buyers ready to add their personal touch. As an end unit, you'll enjoy added privacy and your own private balcony, a rare find in the community, and the perfect spot to relax and soak in the views. A detached 1-car garage completes the package with secure parking and extra storage. The HOA covers water, trash, sewer, exterior insurance, multiple pools, spa, and common area maintenance, keeping your monthly costs low and predictable. The complex is VA-approved, and this is one of the lowest-priced 2-bedroom units available anywhere in Escondido, making it an ideal entry point for first-time buyers, investors, or anyone looking to build equity at an accessible price. Don't miss your chance, schedule a showing today and see the potential for yourself.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades 6-8 • 0.9 mi
Grades 4-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 864 | 1,064 |
| Lot Size | 113,827 | 195,479.5 |
| Price | $315.0K | $457.1K |
| Price per sq ft | $365 | $425 |
| Built year | 1981 | 1980 |
| HOA | $560.0 | $545 |
| Days on market | 27 | 64 |
Jul 17, 2026
$314,999
$324,999
-3% Price Drop
Initial Listing
Jun 25, 2026
$324,999
Initial Listing
Feb 10, 2004
$189,000
Public Record