1817 Grand Ave
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1817 Grand Ave #11

A

Escondido, CA 92027

$415,000

Soft Appraisal Value: $413,700 · 0.3% above estimate

Beds

2

Baths

2

Sqft

979

Year Built

1974

Days on Market

93

Property Type

Condo

HOA/mo

$545

MLS ID

NDP2602861

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

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About This Property

Fully Renovated & Truly Turnkey! This beautifully updated home features a newly opened floor plan, creating a bright, spacious feel perfect for modern living. The seamless layout enhances both everyday comfort and entertaining, complemented by brand-new, continuous flooring that will run throughout the entire home. The property has been thoughtfully upgraded with two fully remodeled bathrooms, including a primary suite with its own private bath. Additional improvements include new mirrored closet doors currently being installed, adding both style and functionality. Step outside to a significantly expanded backyard, where the seller maximized the lot by pushing the fence line to its full extent - now fully concreted for low maintenance and ideal for outdoor entertaining, parking, or additional use. With nearly everything upgraded and refreshed, this home offers a true turnkey opportunity for its next owner.

Mortgage Calculator

Est. Monthly Payment

$3,180

Principal & Interest$2,098
Property Tax$415
Insurance$121
HOA$545
%($83,000)
%

Location

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Investment Score

45B
Est. Monthly Rent
$2,383
Monthly Cashflow

Rent − PITIA

$-796
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,690

Mortgage (P+I)
$2,098
Cap Rate
1.18%
Cash-on-Cash
-24.44%
DSCR

Need ≥ 1.25 for DSCR loan

0.75
Break-even Rent
$4,578

NOI (Annual)
$4,897
Price-to-Rent

Lower = better for investors

14.5

* 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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