1564 Tanglewood Ln #15
1 / 20

1564 Tanglewood Ln #15

Btop 30%

Escondido, CA 92029

$505,000
STR limited · Escondido pilot, owners only · TOT 10%

An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.

Pass at asking: -$2,302/mo full cashflow at 20% down, 7.36% rate.

Works at $203,780 (60% under asking), or at 87% down.

Rent $2,770/mo from 10 leases of 2-bed condos & townhomes within 2 mi ($2,492–$3,110).

Beds

2

Baths

2

Sqft

1,245

Year Built

1986

Days on Market

45

Property Type

Condo

HOA/mo

$576

MLS ID

260011754SD

This property is in Escondido (92029). Browse neighborhood analytics →

Virtual Tour

About This Property

Spacious and stylish condo featuring a second-story loft, with brand new AC, vaulted ceilings, private balcony retreat and sparkling common area pool located in the charming Camden Cove community of Escondido. The open-concept layout creates a bright, inviting living space with bedrooms thoughtfully positioned on opposite ends of the home for added privacy. The primary suite offers direct balcony access, perfect for enjoying quiet mornings or evening relaxation. The contemporary kitchen showcases crisp white cabinetry, sleek black hardware, and stainless steel appliances, while the curved black wrought iron staircase serves as a striking architectural focal point. The expansive second-story loft adds exceptional versatility and can easily function as a home office, media room, guest space, or potential third bedroom, a true bonus area designed to fit a variety of lifestyles. Additional highlights include central A/C, dual-pane windows and sliders, and convenient in-unit laundry. Parking is effortless with two assigned spaces plus ample guest street parking. Ideally located near shopping, dining, coffee shops, parks, and easy freeway access, this home offers the perfect blend of comfort, style, and convenience in one of Escondido’s most accessible locations.

Mortgage Calculator

Est. Monthly Payment

$4,014

Principal & Interest$2,786
Property Tax$505
Insurance$147
HOA$576
%($101,000)
%
Loan Term

Location

Loading map...

Zoned Schools

  • Elementary

    Miller Elementary · grades K-5 · Escondido Union

  • Middle

    Del Dios Academy of Arts and Sciences · grades 6-8 · Escondido Union

  • High

    San Pasqual 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

1 comp found

This Property

$2,770

vs

Comp Average

$2,782

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

42B
Est. Monthly Rent
$2,770

10 leases of 2-bed condos & townhomes within 2 mi · $2,492–$3,110

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,244
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,302

What would make this work?

$2,302/mo short at 20% down; 87% down or +$2,990/mo rent closes it.

Break-even price

60% under asking

$203,780
Break-even rent

$2,990/mo above the estimate

$5,760/mo
Cashflow at 35% down
−$1,780/mo
Down payment to break even

$439,350 cash

87%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$2,786
Cap Rate
1.48%
Cash-on-Cash
-27.35%
DSCR

Need ≥ 1.25 for DSCR loan

0.69

NOI (Annual)
$7,471
Price-to-Rent

Lower = better for investors

15.2

* 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
BCashflow−$2,302/mo