
1301 Gary Lane
Ctop 80%Escondido, CA 92026
An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.
Pass at asking: -$3,390/mo full cashflow at 20% down, 7.36% rate.
Works at $281,270 (61% under asking), or at 88% down.
Rent $3,337/mo from 13 leases of houses within 2 mi, size-adjusted ($3,229–$3,708).
Beds
2
Baths
2
Sqft
1,236
Year Built
1980
Days on Market
63
Property Type
Single Family
HOA/mo
$420
MLS ID
260022205SD
This property is in Escondido (92026). Browse neighborhood analytics →
About This Property
Amazing turn-key, move-in-ready single story home. Completely remodeled top to bottom in stunning fashion with a designer flair and an architects eye. A fabulous wrap around patio allows for outdoor living and lifestyle at its finest! Perfectly situated in a private setting with no immediate neighbors. Recent upgrades include a gourmet dream kitchen & stainless appliances 2023, quartz counter top with custom tile backsplash, gas oven/range, tons on counter space, large island with seating, ample cabinet storage, saltillo tile floor, & recessed LED lighting. Large living room with cozy fireplace, custom pine ceiling with wood beam accents, built in shelving for audio/video devices, sliding glass door to the extra large rear patio & wood laminate flooring. Great wet bar with sink, quartz top, tile back splash & lighted shelving, with wine refrigerator. Both bath rooms have been tastefully remodeled, primary has dual sinks, smart mirror, & custom tiled walk in shower. Primary bedroom has walk in closest. Other features include interior closet laundry, reroofed 4 years ago. Newer HVAC 2022, dual panel replacement doors & windows throughout 2023, new electric panel, most interior doors replaced, new electrical & plumbing fixtures throughout. There are two large patios perfect for outdoor living. Side patio is approximately 11' x 40' and take advantage of the great breeze and view. The rear patio 18'x 27' is a great private setting meant for relaxing! There are many custom design features such as sliding barn doors, built in shelving, & wood panel accents. This is the only detached stand alone home in the small Planned Unit Development (PUD) Terrace Community of 44 dwellings. Excellent location!! Close to all including groceries, schools, shopping, dining, walking trails, parks, easy freeway access, don't miss out!!
Mortgage Calculator
Est. Monthly Payment
$5,356
Location
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Zoned Schools
Elementary
Reidy Creek Elementary · grades K-5 · Escondido Union
Middle
Rincon Middle · grades 6-8 · Escondido Union
High
Escondido High · grades 9-12 · Escondido Union High
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$3,337
Comp Average
$3,393

2158 Country Pl
3bd / 2ba · 1,237 sqft · Single Family
$695K
Est. $3,933/mo
1802 Pamela Ln
2bd / 2ba · 1,379 sqft · Single Family
$700K
Est. $3,353/mo
2434 Smokewood
2bd / 2ba · 1,054 sqft · Single Family
$669K
Est. $3,086/mo
8691 Circle R Course Lane
2bd / 2ba · 1,266 sqft · Single Family
$609K
Est. $3,204/mo
2219 Sawgrass Gln
2bd / 2ba · 1,310 sqft · Single Family
$780K
Est. $3,391/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
13 leases of houses within 2 mi, size-adjusted · $3,229–$3,708
Blended 50/50 with the zip's market median ($3,234)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,390/mo short at 20% down; 88% down or +$4,403/mo rent closes it.
- Break-even price
- $281,270
- Break-even rent
- $7,740/mo
- Cashflow at 35% down
- −$2,640/mo
- Down payment to break even
- 88%
- Rate to break even
- Not reachable
61% under asking
$4,403/mo above the estimate
$637,912 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.36% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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