1020 E Washington Avenue 107

1020 E Washington Avenue 107

B

Escondido, CA 92025

$485,000

Beds

2

Baths

2

Sqft

1,178

Year Built

1982

Days on Market

Property Type

Condo

HOA/mo

$748

MLS ID

260017256SD

This property is in Escondido (92025). View neighborhood stats →

About This Property

Welcome to this fully remodeled 2-bedroom, 2-bathroom, 1,178 sq. ft. third-floor condo offering beautiful west-facing mountain views. Designed for modern living, the open-concept floor plan seamlessly connects the spacious kitchen to the dining and living areas, creating an inviting space for both entertaining and everyday enjoyment. A cozy fireplace anchors the living room, while a sliding glass door opens to the private west-facing balcony, bringing in natural light and extending the living space outdoors. Both bedrooms also enjoy the scenic west-facing views. The thoughtfully designed layout provides an ideal balance of openness and privacy, with one bedroom and a full bathroom located on each side of the main living area. The primary suite features its own en-suite bathroom, creating a comfortable and private retreat. Quality finishes and modern updates are showcased throughout the home, complemented by the convenience of an in-unit washer and dryer. A community laundry room is also located on the same floor for added flexibility. Located within a gated community with secure entry, residents enjoy access to a pool and well-maintained grounds. With its beautifully remodeled interior, well-designed layout, mountain views, and desirable amenities, this condo offers an exceptional opportunity for buyers seeking a stylish and move-in-ready home.

Mortgage Calculator

Est. Monthly Payment

$3,827

Principal & Interest$2,452
Property Tax$485
Insurance$141
HOA$748
%($97,000)
%

Investment Score

33C
Est. Monthly Rent
$2,592
Monthly Cashflow

Rent − PITIA

$-1,234
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,235

Mortgage (P+I)
$2,452
Cap Rate
0.54%
Cash-on-Cash
-27.65%
DSCR

Need ≥ 1.25 for DSCR loan

0.68
Break-even Rent
$5,494

NOI (Annual)
$2,612
Price-to-Rent

Lower = better for investors

15.6

* 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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