11
Map
$715,000
●
House -
For Sale
739 Park Pl
Escondido, CA 92025
2 Beds
1 Bath
720 Ft²
$3,511
Est. Monthly
About This Property
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.
Unit Size
720 Ft²
Days on Market
7 days
Land Size
0.16 acres
Price per sqft
$993
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1934
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 7 days ago (SDMLS #260024851SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2026 | Listed by Bluxen, Inc. | $715,000 | |
| Listed by Bluxen, Inc. | |||
| Jun 11, 2025 | Relisted | $850,000 | |
| Relisted | |||
| Mar 14, 2025 | Listed | $850,000 | |
| Listed | |||
| | |||
|
This ready-to-build permit in hand flat property offers a prime opportunity to develop three additional units. The existing, fully remodeled 2-bedroom, 1-bathroom with a den, single-family home features a brand-new kitchen, laminate flooring, upgraded windows and doors, a split A/C system, a tankless water heater, a newly renovated bathroom, and new appliances. Keep your current tenant and immediately begin building two ADUs and one JADU—just pay the permit fees at the City of Escondido and start your project!
| |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Has Open Parking
Parking Features: Driveway, Other
Open Parking Spaces: 1
Interior Details
Full Bathrooms: 1
Interior Features: Eat-in Kitchen
Appliances: Gas Cooktop, Disposal, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, CounterTop
Flooring Type: Laminate
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup
Exterior Details
Square Footage: 720
Square Footage Source: $0
Property Condition: Turnkey
Year Built Source: Assessor
Year Built: 1934
Levels: One
Construction Materials: Wood Siding
Patio and Porch Features: None
Pool Features: None
Lot Size Area: 6896
Lot Size Units: Square Feet
Lot Size Acres: 0.1583
Lot Size Square Feet: 6896
Utilities Details
Cooling Type: Zoned
Heating Type: See Remarks
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
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Sold On
Sold On
HOA + Taxes
About Central Escondido
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Listed by: Ryan Khayamian, Bluxen, Inc.
Last Updated: 7 days ago
Data Source: CRMLS, MLS# 260024851SD
Last Updated: 7 days ago
Data Source: CRMLS, MLS# 260024851SD
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