1496 El Norte Parkway
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1496 El Norte Parkway

A

Escondido, CA 92027

$737,000
NEW — 1d

Soft Appraisal Value: $763,800 · 3.5% below estimate

Beds

3

Baths

2

Sqft

1,422

Year Built

1970

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

IG26141027

This property is in Escondido (92027). View neighborhood stats →

About This Property

Welcome to this beautifully maintained ranch-style home in the heart of Escondido! Offering 3 bedrooms, 2 bathrooms, plus a versatile bonus room.As you step through the front door, you’re welcomed into a bright and inviting living room. Just to the right, the dining area seamlessly flows into the kitchen, creating a functional layout that’s perfect for everyday living and entertaining. The bonus room offers endless possibilities as a home office, gym, playroom or guest space.The oversized driveway provides ample off-street parking, making it ideal for multiple vehicles, guests, or RV in addition to the attached two-car garage. The home is equipped with 12-panel solar system, helping improve energy efficiency and reduce utility costs.Step outside to your own private backyard retreat, where trees and lush landscaping and abundance of plants create a peaceful setting perfect for relaxing after a long day, enjoying morning coffee or entertaining family and friends.Conveniently located near shopping, dining, schools, parks and with easy access to Interstate 15, this home also offers low property taxes and no HOA. Don’t miss this exceptional opportunity to own a charming ranch-style home in one of Escondido’s most desirable neighborhoods!

Mortgage Calculator

Est. Monthly Payment

$4,679

Principal & Interest$3,727
Property Tax$737
Insurance$215
%($147,400)
%

Location

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Investment Score

46B
Est. Monthly Rent
$3,569
Monthly Cashflow

Rent − PITIA

$-1,110
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,545

Mortgage (P+I)
$3,727
Cap Rate
1.92%
Cash-on-Cash
-20.72%
DSCR

Need ≥ 1.25 for DSCR loan

0.76
Break-even Rent
$6,874

NOI (Annual)
$14,184
Price-to-Rent

Lower = better for investors

17.2

* 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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