
Escondido, California 92025
This Historic Craftsman Residence represents a High-Potential Investment Opportunity, listed at $1,225,000—positioned well above the $1,073,996 Fair Market Value by -14%. While priced above current market estimates, the property offers unique financial upside through its Mills Act designation and a detached 1-bedroom ADU for rental income. Featuring a Good Condition Rating and a spacious wraparound deck, this home balances historic character with modern utility. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through multi-generational living or rental revenue.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 210 E 6th Ave Subject | $1,225,000* List Price | 4 | 4 | 2,550 | $421 | - |
A 1508 Encino Drive Sold | $1,060,000 | 4 | 2 | 2,171 | $488 | 0.9 mi |
B 1091 Park Hill Terrace Sold | $1,150,000 | 3 | 2 | 2,220 | $518 | 0.6 mi |
C 540 Idaho Ave Sold | $955,000 | 5 | 4 | 2,215 | $431 | 0.8 mi |
D 1116 Circle Dr Sold | $915,000 | 4 | 3 | 2,400 | $381 | 0.6 mi |
E 210 E 6th Ave Active | $1,225,000 List Price | 4 | 4 | 2,550 | $480 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1922, the property shows evidence of a high-quality renovation likely performed within the last 5-15 years. The kitchen and bathrooms feature updated stone countertops, modern cabinetry, and stainless steel appliances (LG). The presence of recessed lighting, updated flooring, and well-maintained systems indicates the home is move-in ready and functional, meeting the 'Good' criteria for a well-maintained renovated historic home.
As a Mills Act historically designated property, this home offers substantial property tax reductions that can save the owner thousands of dollars annually.
The detached 1-bedroom, 1-bathroom ADU features a private entrance and dedicated parking, providing an excellent opportunity for rental income or multi-generational living.
Built in 1922, the residence boasts authentic architectural details including exposed wood beams, French doors, and a serene outdoor space with a koi pond and wraparound deck.
The property is zoned for several local schools with lower performance ratings, which may be a concern for families prioritizing high-ranking educational institutions.
Given the home's age and historic designation, owners may face higher maintenance costs and must adhere to strict preservation guidelines for any exterior renovations.
MILLS ACT historically designated property built in 1922, offering incredible property tax savings that can put thousands of dollars back in your pocket every year. Maximize your investment by offsetting your mortgage with the detached 1-bedroom, 1-bath ADU complete with its own private entrance and dedicated parking. Rich in timeless Craftsman character, the main home features 3 bedrooms, 3 bathrooms, exposed wood beams, and beautiful French doors that create a warm, inviting ambiance throughout. Step outside to a spacious wraparound deck extending from the kitchen to the primary suite, surrounded by mature fruit trees and a peaceful koi pond—an ideal setting for relaxing or entertaining. A detached two-car garage plus a 10’ x 12’ Tuff storage shed provide abundant space for vehicles, hobbies, and extra storage. Combining historic charm, exceptional income potential, and significant tax savings, this rare Old Historic Escondido gem is truly one of a kind.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,550 | 2,028 |
| Lot Size | - | 10,454.4 |
| Price | $1.23M | $936.5K |
| Price per sq ft | $480 | $486 |
| Built year | 1922 | 1985 |
| HOA | $0 | $225 |
| Days on market | 6 | 46 |
Jul 16, 2026
$1,225,000
Initial Listing
Nov 6, 1998
$130,000
Public Record
May 25, 1995
$126,500
Public Record