1811 Grand Avenue #149
Atop 10%Escondido, CA 92027
An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.
Pass at asking: -$819/mo full cashflow at 20% down, 7.43% rate.
Works at $130,410 (45% under asking), or at 70% down.
Rent $2,041/mo from 12 leases of studio–2 bed condos & townhomes within 1 mi ($1,851–$2,178).
Beds
1
Baths
1
Sqft
709
Year Built
1974
Days on Market
45
Property Type
Condo
HOA/mo
$570
MLS ID
NDP2608986
This property is in Escondido (92027). View neighborhood stats →
About This Property
Welcome to a charming and beautifully updated 1-bedroom, 1-bath condo that offers comfort, style, and easy living. The inviting open floor plan makes great use of every inch, with a bright and welcoming feel throughout. The updated kitchen features quartz countertops, shaker style cabinets, and stainless steel stove, while warm luxury vinyl plank flooring adds a stylish modern touch. A spacious walk-in closet provides plenty of storage, and oversized windows fill the home with natural light. Step outside to your private patio, the perfect spot for morning coffee or relaxing after a long day. As a ground-floor unit, you'll enjoy easy access and being just steps from the community pool and spa. With thoughtful updates, a functional layout, and a cozy feel, this condo is a wonderful opportunity to make homeownership a reality! Come see it before it's gone!
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Est. Monthly Payment
$2,193
Location
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Zoned Schools
Elementary
Oak Hill Elementary · grades K-5 · Escondido Union
Middle
Hidden Valley Middle · grades 6-8 · Escondido Union
High
Orange Glen 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
$2,041
Comp Average
$2,158
2504 Wanek Road
2bd / 1ba · 882 sqft · Townhouse
$369K
Est. $2,535/mo
27739 Mountain Meadow Road
1bd / 1ba · 574 sqft · Condo
$319K
Est. $1,947/mo
495 San Pasqual Valley Road
1bd / 1ba · 644 sqft · Condo
$279K
Est. $1,982/mo
495 San Pasqual Valley Road
1bd / 1ba · 644 sqft · Condo
$280K
Est. $2,006/mo
2012 Mission Ave.
2bd / 1.5ba · 910 sqft · Condo
$350K
Est. $2,319/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
12 leases of studio–2 bed condos & townhomes within 1 mi · $1,851–$2,178
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$819/mo short at 20% down; 70% down or +$1,063/mo rent closes it.
- Break-even price
- $130,410
- Break-even rent
- $3,104/mo
- Cashflow at 35% down
- −$572/mo
- Down payment to break even
- 70%
- Rate to break even
- Not reachable
45% under asking
$1,063/mo above the estimate
$165,900 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% 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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