
Escondido, California 92025
This Turnkey Condominium presents a High-Potential Investment Opportunity with a List Price of $481,900—positioned well below the $500,044 Fair Market Value by 3%. This valuation gap offers $18,144 in Instant Equity for the buyer. Featuring a Mint Condition Rating with a fully remodeled kitchen, new HVAC, and stylish flooring, this unit offers a low-maintenance lifestyle. While HOA fees are notable, the ground-level access and private patio provide excellent utility. This is an ideal acquisition for first-time buyers or Owner-Occupants seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 450 W Vermont 1803 Subject | $481,900* List Price | 2 | 2 | 1,204 | $415 | - |
A 450 W Vermont 1602 Sold | $455,000 | 2 | 2 | 1,204 | $378 | 0.0 mi |
B 440 Citracado Parkway 31 Sold | $500,000 | 2 | 2 | 1,004 | $498 | 0.7 mi |
C 1800 S Maple St 102 Sold | $425,000 | 2 | 1 | 885 | $480 | 0.2 mi |
D 450 W Vermont 1803 Active | $481,900 List Price | 2 | 2 | 1,204 | $400 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1981 build date, the property has undergone a recent comprehensive renovation (likely <5 years) including a brand new HVAC system, a fully remodeled kitchen with quartz countertops and new cabinetry, renovated bathrooms, and new flooring throughout, placing it in mint, move-in ready condition.
The unit features a fully updated kitchen with quartz countertops and new appliances, renovated bathrooms, and new flooring, offering a modern, move-in-ready experience.
The installation of a brand new HVAC system provides immediate energy efficiency and peace of mind, eliminating a major potential maintenance expense for the new owner.
Located on the ground floor near the entry gate, this unit offers easy accessibility and features a spacious 1,204 sqft layout with a large private patio.
The association fee of $662 per month is relatively high, which increases the total monthly carrying cost and may impact buyer affordability.
With local school ratings ranging from 4 to 6, the property may be less competitive for families specifically seeking high-performing educational districts.
Ground level unit near entry gate. A beautifully remodeled 2 br, 2 bath with 1204 Sq Ft of stylish living space and a brand new HVAC system. The kitchen has been tastefully remodeled with new quartz countertops, new cabinetry, and new appliances. Both bathrooms have been renovated. Charming living room with new flooring, fireplace, and a large patio.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 1.6 mi
Grades 4-8 • 3.6 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 | 1,204 | 1,191 | 50% |
| Lot Size | - | - | 50% |
| Price | $481.9K | $480.4K | 50% |
| Price per sq ft | $400 | $408 | 42% |
| Built year | 1981 | 1983 | 38% |
| HOA | $662.0 | $510 | 81% |
| Days on market | 29 | 180 | 4% |
May 15, 2026
$481,900
Initial Listing
Dec 12, 2008
$137,000
Public Record
Jun 11, 2003
$189,000
Public Record