475 N Midway Dr 236, Escondido, California 92027, Escondido, 92027 - 2 bed, 1 bath
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475 N Midway Dr 236
Escondido, California 92027
ACTIVE
CONDITION: FAIR
2Beds
1Baths
964Sq Ft
0Lot Size
Property Price
LIST PRICE$409,000
EST. MARKET VALUE
$364,453
12% AboveMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is listed at a List Price of $409,000, positioned well above the $364,454 Fair Market Value by -12%. Featuring a Condition Rating of 4, this unit offers a value-add opportunity through cosmetic updates to the dated kitchen and flooring. The property provides functional convenience with two assigned parking spaces and community pools. Located near Glen View Elementary, this asset is ideal for Buy-and-Hold Investors or first-time buyers seeking a project to build long-term equity.
Estimated Market Value
$364,453
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 |
|---|---|---|---|---|---|---|
★ 475 N Midway Dr 236 Subject 2 bd · 1 ba · 964 sqft · $378 | $409,000* List Price | 2 | 1 | 964 | $378 | - |
A 2041 E Grand Ave 52 Sold 2 bd · 1 ba · 864 sqft · $353 · 0.4 mi | $305,040 | 2 | 1 | 864 | $353 | 0.4 mi |
B 512 Sandalwood 4 Sold 2 bd · 2 ba · 899 sqft · $416 · 0.9 mi | $374,000 | 2 | 2 | 899 | $416 | 0.9 mi |
C 2566 White Oak Pl 6 Sold 2 bd · 2 ba · 899 sqft · $376 · 0.9 mi | $338,000 | 2 | 2 | 899 | $376 | 0.9 mi |
D 1811 E Grand Avenue 100 Sold 2 bd · 2 ba · 905 sqft · $352 · 0.5 mi | $319,000 | 2 | 2 | 905 | $352 | 0.5 mi |
E 2536 White Oak Place 5 Sold 2 bd · 1 ba · 856 sqft · $444 · 0.8 mi | $380,000 | 2 | 1 | 856 | $444 | 0.8 mi |
F 1811 E Grand 128 Sold 3 bd · 2 ba · 1,105 sqft · $326 · 0.5 mi | $360,000 | 3 | 2 | 1,105 | $326 | 0.5 mi |
G 1811 E Grand Ave 175 Sold 1 bd · 1 ba · 709 sqft · $416 · 0.5 mi | $295,000 | 1 | 1 | 709 | $416 | 0.5 mi |
H E Grand Ave 105 Sold 2 bd · 2 ba · 979 sqft · $337 · 0.9 mi | $330,000 | 2 | 2 | 979 | $337 | 0.9 mi |
I 1257 E Grand Avenue #d Pending 2 bd · 2 ba · 873 sqft · $441 · 1.0 mi | $385,000 List Price | 2 | 2 | 873 | $441 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1979, the property shows a dated kitchen with oak cabinetry and appliances likely from a 15-25 year old renovation. While functional, the interior requires cosmetic updates and minor repairs, including carpet replacement, to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Architectural Appeal
The unit features vaulted ceilings in the living room and a large primary bedroom with abundant natural light, creating an airy and spacious feel that exceeds its 964 square footage.
- Functional Convenience
This property offers high utility with two assigned parking spaces and a dedicated balcony closet for a stackable washer/dryer, providing essential amenities often missing in similar condo units.
- Strategic Location
Situated in the heart of Escondido, the residence provides excellent accessibility to I-15 and Highway 78, while remaining close to local shopping, dining, and highly-rated schools like Quantum Academy.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Ratio
The two-bedroom layout is served by only a single bathroom, which may be a drawback for small families or roommates seeking more privacy and convenience.
- High Recurring Costs
The $430 monthly HOA fee represents a significant recurring expense that, while covering water and trash, may impact the overall affordability for budget-conscious buyers.
About 475 N Midway Dr 236
Spacious two-bedroom, one bath, second floor unit in the heart of Escondido featuring vaulted ceilings in the living room, a large primary bedroom with plenty of natural sunlight. The balcony has a built-in closet for a stackable washer/dryer. Gated complex with two assigned parking spaces. Community pools, a picnic area, community laundry facilities. HOA fee includes water and trash. Close to many shops and restaurants. Easy access to I-15 and the 78.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1979
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $430.0 / Month
Neighborhood Insights
Escondido Unified Schools
Glen View Elementary School
Grades K-5 • 0.5 mi
6/10
Quantum Academy
Grades 4-8 • 1.1 mi
7/10
Hidden Valley Middle School
Grades 6-8 • 1.2 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 964 | 971.943 |
| Lot Size | - | 167,508.696 |
| Price | $409.0K | $427.7K |
| Price per sq ft | $424 | $427 |
| Built year | 1979 | 1981 |
| HOA | $430.0 | $538 |
| Days on market | 37 | 81 |
Pricing History
Listed for Sale
Sep 18, 2026
$409,000
Initial Listing