$850,000
SOLD APR 2, 2025
3 Beds
2 Baths
1,728 Sq Ft
7,500 Sq Ft Lot

Recently Sold

$492 Per Sq Ft

3% Below List Price

14 Days on Market

Highlights

  • City Lights View
  • No HOA
  • Bathtub with Shower
  • Private Yard
  • Cooling System Mounted To A Wall/Window
  • Living Room

About This Home

As of April 2025

Duplex for Sale Prime Investment Opportunity in Escondido! 718 E. 4th Ave., Escondido, CA 92025 Fantastic income property in the heart of Escondido! This well-maintained duplex offers a 2-bedroom, 1-bath unit upstairs and a 1-bedroom, 1-bath unit downstairs with an extra-large laundry room. The upstairs unit has been recently updated with new vinyl plank flooring, fresh paint, and a remodeled bathroom. Separate Electric and Gas meters Additional features include a detached two-car garage with alley access and strong rental income potential. Conveniently located near shopping, dining, and freeway access. Don't miss this excellent investment opportunity! For more details or to schedule a showing, contact us today!

Last Agent to Sell the Property

Damon parker

eXp Realty of Southern CA Brokerage Email: dparker119@gmail.com License #02203187 Listed on: 02/13/2025

eXp Realty of Southern CA

Last Buyer's Agent

Jennifer Griffeth

Compass License #01992839

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50x150
  • No Common Walls
  • Lot Sloped Down
  • Private Yard
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor
  • Turnkey
  • Stone Roof
  • Stucco

Interior Spaces

  • 1,728 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Living Room
  • City Lights Views

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Bathtub with Shower
  • Walk-in Shower
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • Exterior Lighting

Schools

  • Escondido High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Overhead Utilities
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot Lot 3 BLK 56 TR 336
  • Tax Tract Number 356
  • Assessor Parcel Number 2302721300
  • Seller Considering Concessions

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: R2
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 2302721300
  • Year Built: 1952
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1728.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet
  • Appliances: No
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 491.90
  • Room Type: Entry, Kitchen, Laundry, Living Room
  • Bathroom Features: Shower, Shower In Tub, Closet In Bathroom

Exterior Features

  • View: City Lights
  • Fence: No
  • Pool Private: No
  • Roof: Stone
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Closet, Inside, Stackable, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Schools

  • High School: Escondido
  • High School2: ECDHS

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Sloped Down, Front Yard, Utilities - Overhead, Yard
  • Lot Size: 50x150
  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1722

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7500.0000 Square Feet

Tax Info

  • Tax Lot: Lot 3 BLK 56 TR 336
  • Tax Tract Number: 356

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2025
Closed on
Mar 5, 2025
Sold by
2006 Parker Family Trust and Parker Damon A
Bought by
Mary Ann Reimers 1993 Trust and Reimers
Seller's Agent
Damon parker
eXp Realty of Southern CA
Buyer's Agent
Jennifer Griffeth
Compass
List Price
$875,000
Sold Price
$850,000
Premium/Discount to List
-$25,000
-2.86%
Views
47
Current Estimated Value
$825,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,099
Avg. Annual Appreciation
-3.86%
Original Mortgage
$305,000
Outstanding Balance
$303,433
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$522,468

Purchase Details

Closed on
Sep 7, 2011
Sold by
Parker Damon
Bought by
Parker Damon A and Parker Barbara J

Purchase Details

Closed on
Aug 31, 2011
Sold by
Parker Barbara J
Bought by
Parker Damon

Purchase Details

Closed on
Jun 23, 2011
Sold by
Berda Robin Lee
Bought by
Berda Robin Lee and Berda Sandra

Purchase Details

Closed on
Aug 23, 1999
Sold by
Berda Mildred N
Bought by
Berda Mildred N
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $850,000 Chicago Title
Interfamily Deed Transfer -- Western Resources Title
Interfamily Deed Transfer -- Western Resources Title
Grant Deed $230,500 Western Resources Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $305,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2025 04/02/25 Sold $850,000 -2.9% $492 / Sq Ft
02/27/2025 02/27/25 Pending -- -- --
02/13/2025 02/13/25 For Sale $875,000 -- $506 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,263 $289,005 $100,479 $188,526
2024 $3,263 $283,339 $98,509 $184,830
2023 $3,189 $277,784 $96,578 $181,206
2022 $3,155 $272,338 $94,685 $177,653
2021 $3,104 $266,999 $92,829 $174,170
2020 $3,086 $264,263 $91,878 $172,385
2019 $3,012 $259,082 $90,077 $169,005
2018 $2,929 $254,003 $88,311 $165,692
2017 $2,881 $249,024 $86,580 $162,444
2016 $2,826 $244,142 $84,883 $159,259
2015 $2,802 $240,475 $83,608 $156,867
2014 $2,687 $235,766 $81,971 $153,795
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2501444

California Regional Multiple Listing Service (CRMLS)

APN: 230-272-13