411 Waverly, Escondido, California 92025, Escondido, 92025 - 2 bed, 1 bath
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411 Waverly
Escondido, California 92025
ACTIVE
CONDITION: TEAR DOWN
2Beds
1Baths
784Sq Ft
9,108Lot Size
Property Price
LIST PRICE$700,000
EST. MARKET VALUE
$605,409
15% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $700,000—positioned well below the $605,410 Fair Market Value by -15%. Featuring a Condition Rating of 6, this Development Site offers significant upside through its Certified Opportunity Zone status and potential for up to 14 residential units. With a Walk Score of 94 and Distant Mountain Views, this asset is perfectly suited for Real Estate Developers or Buy-and-Hold Investors seeking long-term capital gains and high-density infill potential.
Estimated Market Value
$605,409
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 |
|---|---|---|---|---|---|---|
★ 411 Waverly Subject 2 bd · 1 ba · 784 sqft · $772 | $700,000* List Price | 2 | 1 | 784 | $772 | - |
A 321 E 8th Ave Sold 2 bd · 1 ba · 904 sqft · $647 · 0.8 mi | $585,000 | 2 | 1 | 904 | $647 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1947, this structure is nearly 80 years old with no evidence of significant renovation. The listing is explicitly marketed as a development site for up to 14 new residential units, indicating the $900,000 price point is based on land value and investment potential rather than the condition of the existing 784 sqft dwelling.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9108, living area = 784.
- High Development Potential
The property is a flag lot infill site with preliminary review suggesting approval for up to 14 residential units, offering massive upside for developers and investors.
- Exceptional Walkability
Boasting a Walk Score of 94, this central Escondido location provides residents with premier access to local amenities, shops, and services without the need for a vehicle.
CONSRISKS & DEFICIENCIES
- Premium Pricing for Existing Structure
At a list price of $900,000 for a 784 sqft home, the value is heavily weighted toward land potential, making it a costly entry point for traditional single-family buyers.
- Aging Infrastructure
The original 1947 residence is small and dated, likely requiring complete demolition or extensive modernization to meet current market standards or facilitate new construction.
About 411 Waverly
Excellent location ( WALK SCORE 94 ) in central Escondido for owner occupation, rentals, or new construction in certified Opportunity Zone (version 1.0 & 2.0) flag lot Infill development site with preliminary review suggesting approval for up to 14 new construction residential units - see conceptual plans by Libra Designs. 2bed/1bath residence is currently occupied by month to month tenant. See confidential remarks for details.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1947
- Lot Size
- 9,108 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Escondido Unified Schools
Central Elementary School
Grades K-5 • 0.5 mi
3/10
Farr Avenue Elementary School
Grades K-5 • 0.9 mi
4/10
Pioneer Elementary School
Grades K-5 • 1.0 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.8 |
| Baths | 1.0 | 3.0 |
| Square foot | 784 | 2,059.182 |
| Lot Size | 9,108 | 10,916.716 |
| Price | $700.0K | $960.7K |
| Price per sq ft | $893 | $487 |
| Built year | 1947 | 1986 |
| HOA | $0 | $228 |
| Days on market | 116 | 51 |
Pricing History
Listed for Sale
Oct 9, 2026
$700,000
$900,000
-22% Price Drop
Initial Listing
Price Change
Jun 30, 2026
$900,000
Initial Listing
Sold
Oct 17, 2018
$350,000
Public Record
Sold
Feb 10, 2012
$150,000
Public Record
Sold
Nov 18, 2011
$115,000
Public Record
Sold
Feb 16, 2005
$325,000
Public Record