1040 Washington Ave
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1040 Washington Ave #30

C

Escondido, CA 92025

$278,000
NEW — 1d

Soft Appraisal Value: $275,600 · 0.9% above estimate

Beds

1

Baths

1

Sqft

865

Year Built

1981

Days on Market

1

Property Type

Condo

HOA/mo

$748

MLS ID

260011199SD

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

About This Property

Experience elevated living in this beautifully renovated 1B, 1B residence located in the highly desirable gated community of Escondido Village. Situated on the second floor with both elevator and stair access, this light illed condo showcases a sophisticated open concept design enhanced by fresh designer paint, luxury vinyl plank flooring, and an abundance of natural light throughout. The fully remodeled kitchen features brand new maple wood cabinetry, sleek modern finishes, and premium new appliances, seamlessly opening to the spacious living and dining areas. A charming fireplace creates a warm and inviting ambiance, while sliding glass doors lead to a private outdoor balcony, perfect for relaxing or entertaining. The balcony also includes a convenient storage closet with a stackable washer and dryer combo. The bathroom has been thoughtfully upgraded with contemporary finishes and refined details, offering a clean and modern retreat. Residents of Escondido Village enjoy resort style amenities including a sparkling pool, relaxing spa, BBQ and entertaining areas, and onsite laundry facilities. The home also includes two assigned parking spaces. One covered carport and one uncovered space. Ideally located near shopping, dining, and everyday conveniences, this turnkey residence offers the perfect blend of comfort, style, and convenience.

Mortgage Calculator

Est. Monthly Payment

$2,513

Principal & Interest$1,406
Property Tax$278
Insurance$81
HOA$748
%($55,600)
%

Location

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Investment Score

39C
Est. Monthly Rent
$1,807
Monthly Cashflow

Rent − PITIA

$-706
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,353

Mortgage (P+I)
$1,406
Cap Rate
0.23%
Cash-on-Cash
-29.20%
DSCR

Need ≥ 1.25 for DSCR loan

0.72
Break-even Rent
$3,564

NOI (Annual)
$633
Price-to-Rent

Lower = better for investors

12.8

* 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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