140 El Norte Pkwy #3
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: -$2,470/mo full cashflow at 20% down, 7.36% rate.
Works at $211,725 (60% under asking), or at 87% down.
Rent $2,790/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
79
Property Type
Townhouse
HOA/mo
$530
MLS ID
260020829SD
This property is in Escondido (92026). Browse neighborhood analytics →
About This Property
PRICED TO SELL! Timeless style and modern comfort come together in this beautifully updated townhome featuring 2 bedrooms, 2.5 baths and 1184 sq. ft in the heart of Escondido. A private gated patio with newer pavers creates a warm welcome, while laminate wood flooring flows throughout the open and inviting main level. The spacious living room is anchored by a cozy gas fireplace, and newer dual-pane windows and doors fill the home with natural light. The generous kitchen features granite countertops, stainless steel appliances, abundant cabinetry, breakfast-bar seating, and direct access to the patio—perfect for indoor-outdoor living and entertaining. Upstairs, the expansive primary suite offers vaulted ceilings, ample closet space with newer doors, and an ensuite bath with an updated shower and extensive granite countertops. A second bedroom and updated full hall bath complete the upper level. Additional highlights include newer central heating and air conditioning, extra storage, and a detached two-car garage. Residents of Skylark Terrace enjoy lush, mature landscaping, a refreshing community pool, and a relaxing spa—all just minutes from shopping, dining, parks, schools, and convenient access to Highways 15 and 78.
Mortgage Calculator
Est. Monthly Payment
$4,173
Location
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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
$2,790
Comp Average
$3,038
239 Eveningside
3bd / 1.5ba · 1,208 sqft · Townhouse
$569K
Est. $3,266/mo
261 Parkside
2bd / 2ba · 1,057 sqft · Townhouse
$539K
Est. $2,844/mo
8647 Circle R Valley
2bd / 2ba · 1,266 sqft · Townhouse
$600K
Est. $3,023/mo
140 El Norte
2bd / 2.5ba · 1,184 sqft · Condo
$560K
Est. $2,756/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 the zip's market median ($2,926)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,470/mo short at 20% down; 87% down or +$3,208/mo rent closes it.
- Break-even price
- $211,725
- Break-even rent
- $5,998/mo
- Cashflow at 35% down
- −$1,917/mo
- Down payment to break even
- 87%
- Rate to break even
- Not reachable
60% under asking
$3,208/mo above the estimate
$465,450 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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