1811 E Grand Avenue 178

1811 E Grand Avenue 178

B

Escondido, CA 92027

$249,999

Beds

1

Baths

1

Sqft

709

Year Built

1974

Days on Market

27

Property Type

Condo

HOA/mo

$545

MLS ID

NDP2605197

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

About This Property

Located in the heart of Escondido, this turnkey, top-floor, single level corner unit VA approved condo is perhaps one of the best values in all of San Diego County! Interior highlights of this sun-drenched space include wood laminate & tile flooring (no carpet), vaulted ceilings, two tone paint colors and 2 new mini-split systems for dual-zone temperature control. The open-concept layout seamlessly blends the living and dining areas, complemented by the galley kitchen offering espresso cabinetry, granite countertops and newer appliances. Off the hallway is a large bedroom complete with an equally large walk in closet, and a full bath boasting a newer vanity with stone countertop and updated fixtures. There is also a private balcony with a storage closet off the Living Room. Located within the Pepperwood Meadow community, residents have access to two pools, a spa, community laundry and pet walking grounds. The HOA dues cover water, sewer and trash. Run don't walk, this one will sell in the blink of an eye!

Mortgage Calculator

Est. Monthly Payment

$2,132

Principal & Interest$1,264
Property Tax$250
Insurance$73
HOA$545
%($50,000)
%

Investment Score

45B
Est. Monthly Rent
$1,570
Monthly Cashflow

Rent − PITIA

$-562
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,132

Mortgage (P+I)
$1,264
Cap Rate
0.64%
Cash-on-Cash
-27.16%
DSCR

Need ≥ 1.25 for DSCR loan

0.74
Break-even Rent
$3,040

NOI (Annual)
$1,591
Price-to-Rent

Lower = better for investors

13.3

* 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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