1817 Grand Ave

1817 Grand Ave

D

Escondido, CA 92027

$365,999

Soft Appraisal Value: $361,800 · 1.2% above estimate

Beds

2

Baths

1.5

Sqft

905

Year Built

1974

Days on Market

8

Property Type

Condo

HOA/mo

$545

MLS ID

260005898SD

Description

This newly remodeled 2-bedroom, 1.5-bathroom unit is light and bright, featuring a spacious floor plan with plenty of natural light and vaulted ceilings. Enjoy modern upgrades such as laminate flooring, stainless steel appliances, white kitchen cabinets, a tile backsplash, and newer windows. The large master bedroom includes Large closet with mirrored doors, and a mini Washer Dryer in unit for convenience. The bathroom shower has undergone a complete renovation, featuring tall glass doors and upgraded tile. The unit faces open space and its 2 delegated parking spaces, with an additional storage closet outside the front door. The HOA amenities include two pools, a clubhouse, and cover the water, trash, and sewer. The property is right next to schools and just a short walk away from shopping centers and parks. It’s conveniently located in downtown Escondido and easily accessible to both the 78 freeway and I-15 with direct access to HOV and Fast-track lanes.

Mortgage Calculator

Est. Monthly Payment

$2,868

Principal & Interest$1,851
Property Tax$366
Insurance$107
HOA$545
%($73,200)
%

Investment Score

33D
Est. Monthly Rent
$2,612
Monthly Cashflow

Rent − PITI − HOA

$-257
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,162

Mortgage (P+I)
$1,851
Cap Rate
2.26%
Cash-on-Cash
-4.21%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.91
Break-even Rent
$2,869

NOI (Annual)
$8,259
Price-to-Rent

Lower = better for investors

11.7

* 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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