1811 E Grand Ave 175, Escondido, California 92027, Escondido, - bed, bath
ACTIVE$265,000
1811 E Grand Ave 175, Escondido, California 92027
1Bed
1Bath
709Sqft
Lot
Year Built
1974
Close
-
List price
$265K
Original List price
$265K
Price/Sqft
-
HOA
$530
Days on market
-
Sold On
-
MLS number
250040946SD
Home ConditionFair
Features
Patio
View-
About this home
Short Sale. exceptional opportunity. check this out, Unit 709 the same floor plan sold for $320,000 3/25/2025. Unit 191 Sold for $316,000 11/18/2024. unit 169 sold for $312,000 12/11/2024. Unit 168 sold for $311.000 on 4/2/2025. All the same floor plan. The mortgage holder is ready to close at $265,000 subject to final approval. The first-floor unit has a large patio in an ideal location in the complex. The Oversized primary bedroom has a huge walk-in closet. Amenities include a pool, spa, laundry, and pet walking grounds. Friendly and safe community. The HOA monthly fee includes water, trash service, exterior and common area maintenance.
Nearby schools
4/10
Oak Hill Elementary School
Public,•K-5•0.2mi
4/10
Hidden Valley Middle School
Public,•6-8•1.1mi
7/10
Quantum Academy
Public,•4-8•1.3mi
4/10
Orange Glen High School
Public,•9-12•0.8mi
Price History
Date
Event
Price
10/06/25
Listing
$265,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (22 Listings) | |
|---|---|---|---|
| Beds | 1 | 2 | 17% |
| Baths | 1 | 2 | 26% |
| Square foot | 709 | 959 | 13% |
| Lot Size | 0 | 0 | |
| Price | $265K | $389K | 9% |
| Price per square foot | $374 | $414 | 17% |
| Built year | 1974 | 1981 | 26% |
| HOA | $530 | $530 | 50% |
| Days on market | 29 | 130 | 4% |
Condition Rating
Fair
Built in 1974, this property is 50 years old. While the living area features updated laminate flooring and fresh paint, the kitchen and bathroom show signs of renovations that are likely 15-25 years old. The kitchen has dated light wood cabinets, speckled granite countertops, and standard appliances. The bathroom features a cultured marble vanity and an older strip light fixture. These areas are functional but aesthetically outdated, requiring minor updates to meet current styles and standards. The property is well-maintained but has not undergone a full recent renovation.
Pros & Cons
Pros
Significant Value Proposition: The property is listed at $265,000, notably below recent comparable sales of identical floor plans in the same complex (ranging from $311,000 to $320,000), presenting an exceptional investment opportunity.
Robust Community Amenities: Residents benefit from a range of amenities including a pool, spa, shared laundry facilities, and dedicated pet walking grounds, enhancing the overall living experience.
Desirable Unit-Specific Features: As a first-floor unit, it boasts a large private patio and an oversized primary bedroom complete with a huge walk-in closet, adding comfort and appeal.
Comprehensive HOA Inclusions: The monthly HOA fee covers essential services such as water, trash service, exterior maintenance, and common area upkeep, simplifying resident budgeting and maintenance responsibilities.
Established & Friendly Community: The property is situated within a described 'friendly and safe community,' contributing to a positive and secure living environment.
Cons
Short Sale Transaction Complexity: The sale is a short sale, explicitly stating it is 'subject to final approval' from the mortgage holder, which can lead to extended closing timelines and potential transaction uncertainties.
High Monthly HOA Fee: A monthly association fee of $530 is substantial for a 1-bedroom, 709 sqft condominium, potentially impacting affordability and long-term ownership costs.
Age of Property: Built in 1974, the condominium is 50 years old, which may imply older infrastructure, potential for deferred maintenance, or dated interior finishes compared to newer constructions.