2094 Grand Ave

2094 Grand Ave

D

Escondido, CA 92027

$369,000

Soft Appraisal Value: $366,300 · 0.7% above estimate

Beds

2

Baths

2

Sqft

959

Year Built

1981

Days on Market

31

Property Type

Condo

HOA/mo

$572

MLS ID

CV26035269

Description

Don't miss this fantastic opportunity for first-time buyers or savvy investors! VA Approved Complex! Private corner upstairs end unit featuring two spacious bedrooms and two full bathrooms. Just moments from the I-15 and CA-78 freeways for convenient commuting. The open-concept living area flows seamlessly into the kitchen, which is equipped with appliances including a refrigerator, built-in dishwasher, microwave, and stove. Step outside to your private balcony a perfect place to enjoy your morning coffee or unwind in the evening. Additional highlights include a detached single-car garage, offering both parking and extra storage. The HOA covers water, trash, sewer, and structural homeowners insurance, allowing for easy, low-maintenance living. Residents enjoy resort-style amenities including swimming pools, a spa/Jacuzzi, and a playground area. Call today to schedule a showing and to become the owner of this perfect opportunity!

Mortgage Calculator

Est. Monthly Payment

$2,914

Principal & Interest$1,866
Property Tax$369
Insurance$108
HOA$572
%($73,800)
%

Investment Score

22D
Est. Monthly Rent
$2,389
Monthly Cashflow

Rent − PITI − HOA

$-526
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,383

Mortgage (P+I)
$1,866
Cap Rate
1.57%
Cash-on-Cash
-8.55%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.82
Break-even Rent
$2,915

NOI (Annual)
$5,796
Price-to-Rent

Lower = better for investors

12.9

* 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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