530 S Kalmia Street, Escondido, California 92025, Escondido, 92025 - 2 bed, 1 bath
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530 S Kalmia Street
Escondido, California 92025
ACTIVE
CONDITION: EXCELLENT
2Beds
1Baths
786Sq Ft
3,916Lot Size
Property Price
LIST PRICE$669,000
EST. MARKET VALUE
$641,567
4% AboveMARKET VALUE
SUMMARY
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $669,000—positioned well above the $641,568 Fair Market Value by 4%. While the property is priced slightly above market, its Mint Condition Rating and Modernized Kitchen provide immediate move-in appeal. The detached structure offers significant ADU Conversion Potential, allowing for future rental income. Located near Grand Avenue with high walkability, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey home with long-term value-add capabilities in a central Escondido location.
Estimated Market Value
$641,567
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 |
|---|---|---|---|---|---|---|
★ 530 S Kalmia Street Subject 2 bd · 1 ba · 786 sqft · $816 | $669,000* List Price | 2 | 1 | 786 | $816 | - |
A 247 E 14th Ave Sold 2 bd · 1 ba · 822 sqft · $791 · 0.6 mi | $650,000 | 2 | 1 | 822 | $791 | 0.6 mi |
B 917 Chestnut St Sold 2 bd · 2 ba · 906 sqft · $773 · 0.4 mi | $700,000 | 2 | 2 | 906 | $773 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1954, the property has undergone a high-end, modern renovation within the last 5 years. The kitchen features new shaker cabinetry, quartz countertops, and stainless steel appliances. The interior shows new LVP flooring, updated lighting, and fresh paint throughout. A modern HVAC condenser is visible in the yard, indicating updated systems, and the overall condition is mint and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Downtown Location
Situated just blocks from vibrant Grand Avenue, the property offers exceptional walkability to Escondido's premier restaurants, shops, and entertainment venues.
- ADU Conversion Potential
The detached permitted garage retains kitchen and bathroom fixtures, offering a significant value-add opportunity for buyers seeking to complete a legal ADU conversion for rental income or guest housing.
- Modernized Kitchen
The main residence features a beautifully remodeled kitchen, providing a contemporary and move-in-ready aesthetic that enhances the overall value of the 1950s-era home.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 786, other record living area = 1054. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
- Permitting Compliance Hurdles
The detached structure was previously required by the City to be restored to a garage, meaning a buyer must navigate a formal and uncertain permitting process to re-establish it as a livable space.
- Limited Interior Square Footage
With only 786 square feet of living space in the main residence, the property offers a very compact footprint that may limit its appeal to larger households or those requiring more storage.
About 530 S Kalmia Street
Just blocks from vibrant Grand Avenue with its restaurants, shops, coffee spots, and entertainment, this property offers incredible flexibility and potential! The main residence features 2 bedrooms, 1 spacious bathroom, a beautifully remodeled kitchen, an attached 1 car garage, and private front and backyard spaces. Adding even more potential is a detached PERMITTED GARAGE that was previously converted into a livable ADU with a kitchen and bathroom, but was never permitted as an ADU. The City required restoration to its original garage use. The owner has retained the kitchen and bathroom fixtures for a buyer interested in pursuing a future ADU conversion, subject to City approval and permits. Conveniently located near downtown, shopping, dining, and transportation. Priced to sell and ready for its next owner! Buyer and Buyer's Agent to independently verify all information, including permits, square footage, zoning, and allowable uses.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1954
- Lot Size
- 3,916 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 • 0.2 mi
3/10
Felicita Elementary School
Grades K-5 • 0.9 mi
4/10
Juniper Elementary School
Grades K-5 • 1.1 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 | 786 | 2,059.182 |
| Lot Size | 3,916 | 10,916.716 |
| Price | $669.0K | $960.7K |
| Price per sq ft | $851 | $487 |
| Built year | 1954 | 1986 |
| HOA | $0 | $228 |
| Days on market | 69 | 51 |
Pricing History
Listed for Sale
Oct 22, 2026
$669,000
$675,000
-1% Price Drop
Initial Listing
Price Change
Oct 8, 2026
$675,000
$699,000
-3% Price Drop
Initial Listing
Price Change
Oct 1, 2026
$699,000
$747,700
-7% Price Drop
Initial Listing
Price Change
Sep 1, 2026
$747,700
$749,900
+0% Price Increase
Initial Listing
Price Change
Aug 17, 2026
$749,900
Initial Listing
Sold
Nov 8, 2023
$610,000
Public Record
Sold
Mar 29, 2006
$410,000
Public Record