578 Veronica Place, Escondido, California 92027, Escondido, 92027 - 3 bed, 2 bath
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Escondido, California 92027
This property presents a High-Potential Investment Opportunity with a List Price of $850,000—positioned well above the $738,754 Fair Market Value by -15%. Featuring a Fair Condition Rating (5/10), the home requires strategic updates to modernize its 1988-era systems. Key assets include a fully fenced backyard, covered patio, and RV parking capabilities. While the interior square footage is compact, the functional lot utility provides significant upside for value-add renovations. This is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a project with strong exterior potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 578 Veronica Place Subject | $850,000* List Price | 3 | 2 | 1,361 | $543 | - |
A 909 N Midway Dr Sold | $655,000 | 3 | 1 | 924 | $709 | 0.8 mi |
B 643 Hillward St. Active | $729,900 List Price | 4 | 2 | 1,484 | $492 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1988, making it 36 years old. Per the criteria, homes >30 years old without documented renovations to the kitchen, bathrooms, or major systems (HVAC/Electric) are classified as poor condition due to the likely need for a full rehab of original components.
The property features a wide gate specifically designed for RV parking or additional vehicle storage, a highly sought-after amenity in this market.
A fully fenced backyard equipped with a covered patio and a walk-in shed provides a private, move-in-ready space for entertaining and organization.
The 6,098 square foot lot is well-utilized with secure fencing and storage structures, offering more functional exterior space than many modern high-density developments.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6098, other record lot size in square feet = 5880.
With only 1,361 square feet for a three-bedroom home, the interior living areas and bedrooms may feel restrictive for larger families or those seeking spacious layouts.
The property is noted as having no views, which may be a competitive disadvantage compared to other Escondido listings that offer hillside or city light vistas.
More Pictrues to come! Please check back in a few days. Fully fenced backyard with a covered patio, walk-in shed and wide gate to allow RV parking, or storing your other items.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,361 | 2,028 |
| Lot Size | 6,098.4 | 10,454.4 |
| Price | $850.0K | $936.5K |
| Price per sq ft | $625 | $486 |
| Built year | 1988 | 1985 |
| HOA | $0 | $225 |
| Days on market | 3 | 46 |
Jul 19, 2026
$850,000
Initial Listing
Apr 15, 1994
$140,000
Public Record