
140 El Norte #59
Btop 30%Escondido, CA 92026
An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.
Pass at asking: -$2,617/mo full cashflow at 20% down, 7.36% rate.
Works at $217,551 (61% under asking), or at 88% down.
Rent $2,756/mo from 16 leases of 2-bed condos & townhomes within 2 mi ($2,475–$3,018).
Beds
2
Baths
2.5
Sqft
1,184
Year Built
1980
Days on Market
147
Property Type
Condo
HOA/mo
$460
MLS ID
SW26133416
This property is in Escondido (92026). Browse neighborhood analytics →
About This Property
Rare corner-unit condominium with a private gated courtyard and detached two-car garage in the desirable Skylark Terrace community of North Escondido. Offering 2 bedrooms, 2.5 bathrooms, and approximately 1,184 square feet of living space, this two-story home combines comfort, convenience, and low-maintenance living. Enter through the private gated front courtyard, an inviting outdoor space perfect for relaxing. Inside, you’ll find laminate wood flooring throughout the main living areas, including the living room, dining area, and kitchen, creating a warm and welcoming atmosphere. Upstairs features two bedrooms, two full bathrooms, and a unique bonus loft area accessed by a pull-down ladder, providing additional storage or flexible-use space. The primary bedroom features vaulted ceilings that enhance the sense of openness and natural light, while carpeting throughout the upper level adds comfort and warmth. This desirable corner-unit location offers added privacy and sits adjacent to a greenbelt with convenient guest parking nearby. The detached two-car garage is located within the private courtyard area, providing easy access to the home. Conveniently located near shopping, dining, parks, schools, and with quick access to Interstate 15, this property offers an excellent opportunity to enjoy comfortable living in North Escondido.
Mortgage Calculator
Est. Monthly Payment
$4,273
Location
Loading map...
Zoned Schools
Elementary
Conway Elementary · grades K-6 · 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
$2,756
Comp Average
$3,057
239 Eveningside
3bd / 1.5ba · 1,208 sqft · Townhouse
$569K
Est. $3,266/mo
140 El Norte Pkwy
2bd / 2.5ba · 1,184 sqft · Townhouse
$535K
Est. $2,790/mo

2099 Golden Circle
2bd / 2ba · 1,080 sqft · Condo
$565K
Est. $2,905/mo
8647 Circle R Valley
2bd / 2ba · 1,266 sqft · Townhouse
$600K
Est. $3,023/mo
1318 Gary Ln
2bd / 2ba · 1,236 sqft · Townhouse
$679K
Est. $3,299/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
16 leases of 2-bed condos & townhomes within 2 mi · $2,475–$3,018
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,617/mo short at 20% down; 88% down or +$3,399/mo rent closes it.
- Break-even price
- $217,551
- Break-even rent
- $6,155/mo
- Cashflow at 35% down
- −$2,038/mo
- Down payment to break even
- 88%
- Rate to break even
- Not reachable
61% under asking
$3,399/mo above the estimate
$492,800 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.
Open Full Calculator