1020 Washington Ave
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1020 Washington Ave #107

C

Escondido, CA 92025

$499,000

Soft Appraisal Value: $400,200 · 24.7% above estimate

Beds

2

Baths

2

Sqft

1,178

Year Built

1982

Days on Market

48

Property Type

Condo

HOA/mo

$748

MLS ID

260006768SD

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

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About This Property

Beautifully remodeled third-floor condo blending modern style with comfortable living. This light-filled 2-bedroom, 2-bath home features an open living area with an inviting fireplace and seamless access to a private balcony, where west-facing mountain views can be enjoyed from both the balcony and bedrooms. The well-designed floor plan offers both style and functionality, with a thoughtfully updated kitchen and inviting living spaces ideal for everyday living or entertaining. Step outside to the balcony for morning sunlight or relaxing evening breezes, or retreat to the spacious primary suite with its own en-suite bathroom. Modern finishes are found throughout the home, along with the convenience of an in-unit washer and dryer. An additional laundry room is also located on the same floor for added flexibility. Located within a gated community featuring secure entry and a pool for relaxing weekends, this condo offers comfortable living, desirable amenities, and pleasant views — an excellent opportunity for buyers seeking a beautifully updated home.

Mortgage Calculator

Est. Monthly Payment

$3,916

Principal & Interest$2,523
Property Tax$499
Insurance$146
HOA$748
%($99,800)
%

Location

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Investment Score

34C
Est. Monthly Rent
$2,691
Monthly Cashflow

Rent − PITIA

$-1,225
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,260

Mortgage (P+I)
$2,523
Cap Rate
0.63%
Cash-on-Cash
-27.17%
DSCR

Need ≥ 1.25 for DSCR loan

0.69
Break-even Rent
$5,626

NOI (Annual)
$3,159
Price-to-Rent

Lower = better for investors

15.5

* 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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