101 Spruce Street

101 Spruce Street

D

Escondido, CA 92025

$350,000

Soft Appraisal Value: $349,500 · 0.1% above estimate

Beds

2

Baths

2

Sqft

857

Year Built

1990

Days on Market

99

Property Type

Condo

HOA/mo

$558

MLS ID

NDP2511346

Description

Discover effortless living in this turn-key Escondido condo! You’ll love the bright interior, open layout, and private patio perfect for morning coffee or evening relaxation. The community offers resort-style amenities—a sparkling pool, soothing spa, BBQ area, and a fitness center right on-site. This unit also features a detached private one-car garage. Located a few steps from Historic Grand Avenue’s restaurants, boutiques and 2 blocks from premium shopping and entertainment at Escondido Promenade, this home puts the best of Escondido right at your doorstep. Whether you're a first-time homebuyer looking for an affordable entry into the San Diego market or an investor seeking a strong rental opportunity, this move-in ready condo checks all the boxes. Stylish, low-maintenance, and ideally situated—this one is ready to go! Please read private remarks for financing options.

Mortgage Calculator

Est. Monthly Payment

$2,780

Principal & Interest$1,770
Property Tax$350
Insurance$102
HOA$558
%($70,000)
%

Investment Score

33D
Est. Monthly Rent
$2,521
Monthly Cashflow

Rent − PITI − HOA

$-259
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,130

Mortgage (P+I)
$1,770
Cap Rate
2.19%
Cash-on-Cash
-4.44%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.91
Break-even Rent
$2,780

NOI (Annual)
$7,674
Price-to-Rent

Lower = better for investors

11.6

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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