
Escondido, California 92025
This property presents a High-Potential Investment Opportunity with a List Price of $575,000—positioned well below the $598,149 Fair Market Value by 3%. This valuation gap offers $23,149 in Instant Equity for buyers willing to execute a renovation plan. With a Condition Rating of 5, the home requires comprehensive updates to its 1957 infrastructure. The large 7,105 sqft lot and prime downtown location provide significant upside for forced appreciation, making this an ideal acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 350 E Pennsylva E Pennsylvania Subject 3 bd · 2 ba · 1,142 sqft · $525 | $575,000* List Price | 3 | 2 | 1,142 | $525 | - |
A 127 W 5th Avenue Sold 3 bd · 1 ba · 1,168 sqft · $565 · 0.6 mi | $660,000 | 3 | 1 | 1,168 | $565 | 0.6 mi |
B 211 W 9th Ave Sold 3 bd · 2 ba · 990 sqft · $631 · 0.9 mi | $625,000 | 3 | 2 | 990 | $631 | 0.9 mi |
C 321 E 8th Ave Sold 2 bd · 1 ba · 904 sqft · $647 · 0.7 mi | $585,000 | 2 | 1 | 904 | $647 | 0.7 mi |
D 418 E Pennsylvania Active 2 bd · 1 ba · 858 sqft · $612 · 0.0 mi | $525,000 List Price | 2 | 1 | 858 | $612 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1957 (67 years old) and explicitly marketed as a 'value-add' property with 'potential by renovating,' indicating the home is in original or severely dated condition. The age and description suggest that the kitchen, bathrooms, and major systems likely require a full rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7105, living area = 1142.
Situated in the heart of Downtown Escondido, the property offers exceptional proximity to local restaurants, parks, and schools, enhancing its appeal for urban living.
This property serves as an ideal project for investors or buyers looking to build equity through comprehensive renovations and modernization.
The home is explicitly marketed as a value-add opportunity, implying that it requires substantial immediate investment to address deferred maintenance and aesthetic updates.
Built in 1957, the property likely contains original infrastructure that may not meet modern efficiency standards or building codes, potentially increasing repair costs.
Value-ad three-bedroom two-bath single family home in the heart of Downtown Escondido. In close proximity to restaurants, parks, and schools. Excellent value-ad potential by renovating the home.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.8 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,142 | 2,059.182 |
| Lot Size | - | 10,916.716 |
| Price | $575.0K | $960.7K |
| Price per sq ft | $504 | $487 |
| Built year | 1957 | 1986 |
| HOA | $0 | $228 |
| Days on market | 40 | 51 |
Sep 14, 2026
$575,000
Initial Listing