340 W 15th Ave 5, Escondido, California 92025, Escondido, - bed, bath

home-pic
ACTIVE$425,000
340 W 15th Ave 5, Escondido, California 92025
2Beds
2Baths
948Sqft
39,871Lot
Year Built
1992
Close
-
List price
$425K
Original List price
$450K
Price/Sqft
-
HOA
$335
Days on market
-
Sold On
-
MLS number
250037533SD
Home ConditionFair
Features
Patio
View-

About this home

Value Range $400,000–$425,000. Spacious condo with a comfortable floor plan and excellent investment appeal. The living room offers wood laminate flooring and an AC unit for year-round comfort. The kitchen includes tile flooring, granite countertops, a granite breakfast bar, and recessed lighting, with a ceiling fan over the dining area. The hall bathroom features granite countertops and tile flooring, while the primary suite offers wood laminate flooring, a walk-in closet, and a private bath with tile floors. Both bedrooms provide patio access with sliding doors, and the second bedroom also includes mirrored closet doors. Outside, the private patio features artificial turf and a small storage closet. Additional highlights include six-panel doors, dual-pane windows, and in-unit washer/dryer hookups. This property is a strong investment opportunity with long-term tenants in place paying $2,375 per month who would love to remain. Ideally located near shopping, dining and schools, this home combines convenience and reliable rental income.

Nearby schools

4/10
Felicita Elementary School
Public,K-50.4mi
4/10
Juniper Elementary School
Public,K-50.6mi
3/10
Central Elementary School
Public,K-50.8mi
4/10
Pioneer Elementary School
Public,K-52.1mi
4/10
Farr Avenue Elementary School
Public,K-52.1mi
5/10
Del Dios Middle School
Public,6-81.4mi
4/10
Mission Middle School
Public,6-81.8mi
5/10
Bear Valley Middle School
Public,6-82.0mi
7/10
Quantum Academy
Public,4-83.4mi
6/10
San Pasqual High School
Public,9-122.4mi
5/10
Escondido High School
Public,9-122.6mi
4/10
Orange Glen High School
Public,9-122.7mi

Price History

Date
Event
Price
10/22/25
Price Change
$425,000
08/29/25
Listing
$450,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (23 Listings)
Beds22
50%
Baths22
50%
Square foot9481,123
21%
Lot Size39,8710
4%
Price$425K$500K
21%
Price per square foot$448$441
50%
Built year19929910991
83%
HOA$335$484
21%
Days on market67128
21%
Condition Rating
Fair

Built in 1992, this condo is 32 years old. While it features updates such as wood laminate flooring in the living areas, granite countertops and tile flooring in the kitchen and bathrooms, and recessed lighting, the style of these updates (e.g., cabinet design, speckled granite) appears to be from 15-25 years ago rather than recent. The property is well-maintained and move-in ready, but the kitchen and bathroom aesthetics are dated, aligning with a property that has undergone renovations in the 15-30 year range. Major components are functional but show signs of being outdated, warranting a 'Fair' condition score.
Pros & Cons

Pros

Robust Investment Potential: Features long-term tenants paying $2,375/month who desire to remain, offering immediate and stable rental income.
Modernized Interior: Boasts an updated kitchen with granite countertops, breakfast bar, and recessed lighting, along with upgraded bathrooms featuring granite and tile.
Enhanced Comfort & Efficiency: Equipped with an AC unit in the living room, dual-pane windows, and wood laminate flooring for year-round comfort and improved energy performance.
Prime Location Convenience: Strategically located close to essential amenities including shopping, dining, and schools, appealing to a broad range of residents.
Practical Outdoor & In-Unit Amenities: Offers a private patio with low-maintenance artificial turf, a dedicated storage closet, and convenient in-unit washer/dryer hookups.

Cons

Significant Monthly HOA Fee: The $335 monthly association fee represents a notable recurring expense that impacts the total cost of ownership.
Compact Living Area: With 948 sqft, the property provides a functional but relatively modest living space, which may not suit buyers desiring larger accommodations.
Property Age: Built in 1992, the condo is over three decades old, potentially leading to future maintenance considerations for original building components despite recent interior upgrades.

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