Seller's Agent in 2025
Jovani Ruiz
Broadpoint Properties, Inc
(760) 855-4179
8 in this area
64 Total Sales
719-21 E 2nd Ave Escondido, CA 92025
Central Escondido Neighborhood
--
Bed
--
Bath
2,392
Sq Ft
7,410
Sq Ft Lot
Highlights
- No HOA
- Level Lot
- No Heating
- Laundry Room
About This Home
As of April 2025Rare investment opportunity in the heart of Escondido! 719-721 E 2nd Ave is a well-maintained duplex offering both immediate rental income and future value-add potential. Located just minutes from downtown Escondido, this property is perfect for investors, house hackers, or multi-generational living. The front unit is a charming mid-century, single-level home featuring 3 bedrooms and 2 bathrooms. It boasts fresh interior paint, a newer roof, a private yard, and a detached 1-car garage. This unit is move-in ready, making it an ideal opportunity for an owner-occupant or new tenants. The back unit is a spacious, two-story townhome-style home built in the 1980s with 2 bedrooms and 1.5 bathrooms. It is currently rented for $2,300/month with long-term tenants who would love to stay. This unit also includes one garage space and additional alley parking. A unique bonus is the detached 2-car garage, which presents a fantastic future development opportunity. Convert it into an Accessory Dwelling Unit (ADU) to add a third rental unit for additional passive income and increased property value. Located in a prime Escondido location, this property offers quick access to downtown, where you’ll find restaurants, breweries, coffee shops, and local entertainment. The home is also near parks, schools, and major freeways (I-15 & Hwy 78) for easy commuting. Offered at $999,000, this is a fantastic investment opportunity to own a duplex in a growing market. Whether you're looking to cash flow immediately, offset your mortgage with rental income, or create multi-generational living arrangements, this property has endless potential!
Last Agent to Sell the Property
Broadpoint Properties, Inc Brokerage Email: jovanitherealtor@gmail.com License #01873144 Listed on: 03/07/2025
Co-Listed By
Broadpoint Properties, Inc Brokerage Email: jovanitherealtor@gmail.com License #02179436
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1947
Lot Details
- 7,409 Sq Ft Lot
- No Common Walls
- Level Lot
- Front Yard Sprinklers
Parking
- 2 Car Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 2,392 Sq Ft Home
- 2-Story Property
Laundry
- Laundry Room
- Laundry in Garage
- Gas Dryer Hookup
Additional Features
- Exterior Lighting
- No Heating
Listing and Financial Details
- Tax Lot 04223
- Tax Tract Number 206
- Assessor Parcel Number 2302620400
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- 1 Leased Unit
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,800
- Trash Expense $150
- Water Sewer Expense $150
- New Taxes Expense $11,500
- Operating Expense $300
- Gross Income $7,200
- Net Operating Income $66,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 7, 2025
Closed on
Apr 23, 2025
Sold by
Ruiz-Hernandez Jesus Jovani and Valadez Martha Alicia
Bought by
Rahi Masoud and Hassanlou Khadijeh
Seller's Agent
Jovani Ruiz
Broadpoint Properties, Inc
Buyer's Agent
Saeid Baha
Baha & Associates Inc
List Price
$999,000
Sold Price
$1,000,000
Premium/Discount to List
$1,000
0.1%
Views
122
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,022
Avg. Annual Appreciation
-1.72%
Original Mortgage
$750,000
Outstanding Balance
$746,671
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$238,023
Purchase Details
Closed on
Aug 4, 2016
Sold by
Ruiz Hernandez Jesus Jovani and Aquino Jose Luis
Bought by
Ruiz Hernandez Jesus Jovani and Valadez Martha Alicia Felipe
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,750
Interest Rate
3.42%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 15, 2012
Sold by
Valadez Martha Felipe
Bought by
Ruiz Hernandez Jesus Jovani
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,388
Interest Rate
3.5%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 31, 2012
Sold by
Kennedy Evelyn Nielsen
Bought by
Ruiz Hernandez Jesus Jovani and Aquino Jose Luis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,388
Interest Rate
3.5%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 3, 2011
Sold by
Nielsen Marion L
Bought by
Kennedy Evelyn Nielsen
Purchase Details
Closed on
Nov 23, 1999
Sold by
Nielsen Family Trust 05-07-82 and Marion L
Bought by
Nielsen Marion L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,300
Interest Rate
7.95%
Purchase Details
Closed on
Aug 19, 1994
Sold by
Nielsen Vergil L and Nielsen Marion L
Bought by
Nielsen Vergil L and Nielsen Marion L
Purchase Details
Closed on
Mar 7, 1994
Sold by
Nielsen Vergil L and Nielsen Marion L
Bought by
Nielsen Vergil L and Nielsen Marion L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.87%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,000,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | Chicago Title Company | |
| Grant Deed | $365,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | American Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | -- | Westland Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $750,000 | New Conventional | |
| Previous Owner | $363,750 | New Conventional | |
| Previous Owner | $358,388 | FHA | |
| Previous Owner | $45,300 | No Value Available | |
| Previous Owner | $50,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/28/2025 04/28/25 | Sold | $1,000,000 | +0.1% | $418 / Sq Ft |
| 03/27/2025 03/27/25 | Pending | -- | -- | -- |
| 03/20/2025 03/20/25 | For Sale | $999,000 | 0.0% | $418 / Sq Ft |
| 03/11/2025 03/11/25 | Pending | -- | -- | -- |
| 03/07/2025 03/07/25 | For Sale | $999,000 | -- | $418 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $6,110 | $543,886 | $218,954 | $324,932 |
| 2024 | $6,110 | $533,222 | $214,661 | $318,561 |
| 2023 | $5,972 | $522,767 | $210,452 | $312,315 |
| 2022 | $5,909 | $512,518 | $206,326 | $306,192 |
| 2021 | $5,814 | $502,470 | $202,281 | $300,189 |
| 2020 | $5,780 | $497,318 | $200,207 | $297,111 |
| 2019 | $5,640 | $487,568 | $196,282 | $291,286 |
| 2018 | $5,484 | $478,009 | $192,434 | $285,575 |
| 2017 | $5,396 | $468,637 | $188,661 | $279,976 |
| 2016 | $4,379 | $379,684 | $124,827 | $254,857 |
| 2015 | $4,343 | $373,981 | $122,952 | $251,029 |
| 2014 | $4,163 | $366,656 | $120,544 | $246,112 |
Source: Public Records
Agents Affiliated with this Home
-
Jovani Ruiz
-
Beatriz Flores
Seller Co-Listing Agent in 2025
Beatriz Flores
Broadpoint Properties, Inc
(760) 877-5450
1 in this area
11 Total Sales
-
Saeid Baha
Buyer's Agent in 2025
Saeid Baha
Baha & Associates Inc
(858) 699-6000
1 in this area
21 Total Sales
-
Ali Baha
Buyer Co-Listing Agent in 2025
Ali Baha
Serv Corp.
(858) 263-8745
1 in this area
13 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NDP2502172
APN: 230-262-04
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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