1817 Grand Avenue
Btop 30%Escondido, CA 92027
An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.
Pass at asking: -$1,775/mo full cashflow at 20% down, 7.49% rate.
Works at $154,819 (60% under asking), or at 87% down.
Rent $2,200/mo from 1 lease in this building.
Beds
2
Baths
1.5
Sqft
905
Year Built
1974
Days on Market
0
Property Type
Condo
HOA/mo
$500
MLS ID
PTP2608124
This property is in Escondido (92027). View neighborhood stats →
About This Property
Completely Renovated Condo in Prime Escondido Location! Move right into this beautifully updated condo featuring oak shaker-style cabinets, stainless steel appliances, luxury vinyl plank flooring, dual-pane windows, and tastefully updated bathrooms. This bright and inviting condo offers comfortable living with one assigned parking space and access to fantastic community amenities including a swimming pool, spa, and clubhouse. HOA dues cover exterior maintenance, water, and trash services for added convenience. Community laundry is available on-site. Located across from Oak Hill City Park and Elementary School, and just minutes from the area’s best shopping, dining, and entertainment, this home combines modern upgrades with an unbeatable location. A perfect opportunity to own a turn-key property in a highly desirable neighborhood!
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Est. Monthly Payment
$3,148
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
$2,200
Comp Average
$2,516
1817 Grand Avenue
2bd / 2ba · 979 sqft · Condo
$300K
Est. $2,288/mo
2504 Wanek Road
2bd / 1ba · 882 sqft · Townhouse
$369K
Est. $2,535/mo
475 Midway Drive
2bd / 2ba · 964 sqft · Condo
$400K
Est. $2,576/mo
475 Midway Dr
2bd / 1ba · 964 sqft · Condo
$409K
Est. $2,576/mo
505 San Pasqual Valley Road
2bd / 2ba · 992 sqft · Condo
$450K
Est. $2,607/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
1 lease in this building
Thin data: only 1 lease behind this number.
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$1,775/mo short at 20% down; 87% down or +$2,305/mo rent closes it.
- Break-even price
- $154,819
- Break-even rent
- $4,505/mo
- Cashflow at 35% down
- −$1,371/mo
- Down payment to break even
- 87%
- Rate to break even
- Not reachable
60% under asking
$2,305/mo above the estimate
$334,863 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.49% 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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