2039 Washington
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2039 Washington

B

Escondido, CA 92027

$699,000
NEW — 2d

Beds

3

Baths

1.5

Sqft

1,515

Year Built

1960

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

260013117SD

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

About This Property

Attention Savvy investors and owner-occupants alike, this is the opportunity you've been waiting for. This light fixer has serious upside!! All offers will be presented. This single-level home offers an ideal light fixer/remodel scenario with strong fundamentals already in place. No heavy lifting required to realize its full potential. Solar panels and a Tesla Powerwall slash energy costs from day one, giving you an instant edge on operating expenses or future rental income. Expansive parking accommodates multiple vehicles, equipment, or recreational toys, opening the door to additional revenue streams like storage, parking rental, or ADU possibilities. Best of all, there's no HOA!! In a desirable location with built-in amenities and a blank canvas to add value, properties like this move fast. Call the listing agent, Scott Degnan to schedule and confirm your showing.

Mortgage Calculator

Est. Monthly Payment

$4,437

Principal & Interest$3,535
Property Tax$699
Insurance$204
%($139,800)
%

Location

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Investment Score

55B
Est. Monthly Rent
$3,673
Monthly Cashflow

Rent − PITIA

$-765
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,192

Mortgage (P+I)
$3,535
Cap Rate
2.31%
Cash-on-Cash
-18.81%
DSCR

Need ≥ 1.25 for DSCR loan

0.83
Break-even Rent
$6,520

NOI (Annual)
$16,113
Price-to-Rent

Lower = better for investors

15.9

* 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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