739 Park Pl, Escondido, California 92025, Escondido, 92025 - 2 bed, 1 bath
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739 Park Pl
Escondido, California 92025
ACTIVE
CONDITION: EXCELLENT
2Beds
1Baths
720Sq Ft
6,896Lot Size
Property Price
LIST PRICE$715,000
EST. MARKET VALUE
$725,874
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $715,000—positioned well below the $725,875 Fair Market Value by 1%. This valuation gap offers $10,875 in Instant Equity. Featuring a Mint Condition Rating following $160,000 in recent upgrades, the home includes a brand-new kitchen and remodeled bathroom. The flat lot offers significant development potential for Buy-and-Hold Investors or Owner-Occupants seeking immediate rental income while evaluating the reactivation of previously approved ADU/JADU permits.
Estimated Market Value
$725,874
Based on Realkey algorithm analyzing recent comparable sales in Escondido.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While originally built in 1934, the home has undergone a comprehensive recent renovation (under 5 years) including a brand-new kitchen, fully remodeled bathroom, new HVAC, new plumbing lines, and upgraded windows, meeting the criteria for a mint-condition recent renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Development Potential
The flat lot offers a rare opportunity for high-density expansion, having previously been approved and permitted for three additional units, including two ADUs and one JADU.
- Extensive Modern Upgrades
With over $160,000 recently invested, the property features a brand-new kitchen, remodeled bathroom, new HVAC system, and updated plumbing and drainage, minimizing immediate capital expenditures.
- Immediate Rental Income
The existing home is currently tenant-occupied, providing a steady stream of income to offset carrying costs while the buyer navigates the development or permit renewal process.
CONSRISKS & DEFICIENCIES
- Expired Permits and Plans
The architectural plans and permits for the additional units have expired, requiring the buyer to independently verify the feasibility and costs associated with renewal or resubmittal.
- Limited Primary Living Space
At only 720 square feet with a single bathroom, the existing residence is quite small, which may limit its appeal to owner-occupants or families seeking more spacious accommodations.
About 739 Park Pl
Seller has invested over $160,000 into the property, including more than $100,000 in architectural plans, engineering, and City of Escondido permit-related fees, along with over $60,000 in upgrades to the existing home. Improvements include new drainage, full replacement of hot and cold water lines, a new HVAC system, brand-new kitchen, fully remodeled bathroom, and upgraded windows.The property was previously approved and permitted for three additional units (2 ADUs and 1 JADU); however, the permits/plans have since expired. Buyer to independently verify with the City of Escondido all requirements, costs, and feasibility for renewal, reactivation, or resubmittal of the plans and permits.The flat lot offers significant development potential. The existing fully remodeled 2-bedroom, 1-bathroom home with a den is currently tenant-occupied, providing immediate rental income while a buyer evaluates the potential development of the additional units.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1934
- Lot Size
- 6,896 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
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 | 720 | 2,059.182 |
| Lot Size | 6,896 | 10,916.716 |
| Price | $715.0K | $960.7K |
| Price per sq ft | $993 | $487 |
| Built year | 1934 | 1986 |
| HOA | $0 | $228 |
| Days on market | 10 | 51 |
Pricing History
Listed for Sale
Oct 14, 2026
$715,000
Initial Listing
Sold
Mar 29, 2024
$610,000
Public Record
Sold
Jun 11, 1998
$90,000
Public Record