2425 Cranston Dr. 39, Escondido, California 92025, Escondido, 92025 - 2 bed, 2 bath
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Escondido, California 92025
This Top-Floor Value-Add Condominium presents a Strong Value Opportunity with a List Price of $399,000—positioned well below the $435,000 Fair Market Value by 8% based on recent complex sales. This pricing gap offers $36,000 in Instant Equity for buyers. In Mostly Original Condition Rating, the unit features a balcony with Mountain Views near L.R. Green Elementary and San Pasqual High. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to build wealth through modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2425 Cranston Dr. 39 Subject | $399,000* List Price | 2 | 2 | 832 | $442 | - |
A 440 W Citracado Parkway 16 Sold | $475,000 | 2 | 2 | 1,004 | $473 | 0.2 mi |
B 450 W W Vermont Ave 805 Sold | $325,000 | 1 | 1 | 797 | $408 | 0.6 mi |
C 450 W W Vermont Ave 104 Sold | $297,000 | 1 | 1 | 797 | $373 | 0.8 mi |
D 2425 Cranston Drive 227 Active | $495,000 List Price | 2 | 2 | 832 | $595 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is in mostly original condition reflecting its 1986 construction. The bathrooms feature dated white cabinetry, basic tile flooring, and older fixtures. Interior photos show worn and stained carpeting, dated brass-trimmed fireplace and ceiling fans, and a general lack of recent renovations. While functional and livable, the unit requires cosmetic updates and modernization to meet current quality standards.
Listed at $399,000, the property is priced significantly below a recent comparable sale of $435,000 within the same complex, offering immediate equity potential for the buyer.
As a top-floor unit, this residence offers superior privacy with no neighbors above and features a balcony overlooking serene trees and open space.
The property boasts impressive mountain and open space views, providing a bright and airy atmosphere that enhances the overall aesthetic appeal of the home.
The monthly HOA fee of $570 is relatively high for an 832-square-foot condo, which may impact the overall affordability and monthly carrying costs for some buyers.
At 832 square feet for a two-bedroom, two-bathroom layout, the interior living space is somewhat constrained compared to other residential options in the area.
Bright top floor unit with balcony overlooking trees and open space. Great price! Last sale of unit match in complex was at $435K!
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 1.0 mi
Grades 4-8 • 4.2 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 | 832 | 1,004 | 19% |
| Lot Size | - | 39,871 | 48% |
| Price | $399.0K | $425.0K | 41% |
| Price per sq ft | $480 | $414 | 74% |
| Built year | 1986 | 1981 | 74% |
| HOA | $570.0 | $498 | 67% |
| Days on market | 82 | 187 | 11% |
Jan 30, 2026
$399,000
Initial Listing
Feb 25, 2009
$90,000
Public Record
Aug 26, 2004
$278,000
Public Record
Mar 12, 1998
$77,000
Public Record