505 San Pasqual Valley Road #166
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: -$2,136/mo full cashflow at 20% down, 7.43% rate.
Works at $171,604 (62% under asking), or at 89% down.
Rent $2,622/mo from 10 leases of 2-bed condos & townhomes within 1 mi ($2,289–$2,746).
Beds
2
Baths
2
Sqft
992
Year Built
1987
Days on Market
45
Property Type
Condo
HOA/mo
$701
MLS ID
NDP2608903
This property is in Escondido (92027). View neighborhood stats →
About This Property
Seller will pay SIX months of HOA dues to Buyer or assist with an Interest Rate-Buy Down. HOA includes water and trash. VA APPROVED! Welcome to 505 San Pasqual Valley Rd UNIT 166. As you step inside, you'll be greeted by an open floor plan that seamlessly connects the living areas. The interior boasts quartz countertops, a subway style backsplash, high-arc pull-down faucet, and stainless-steel appliances that add a touch of elegance to your everyday meals. The kitchen also features cabinets with a Lazy Susan for easy access and organization. The property houses two spacious bedrooms equipped with walk-in closets, providing ample storage space. The primary bathroom is tastefully designed a floating vanity, rain shower, and jacuzzi tub for those relaxing end-of-the-day soaks. For convenience, this home comes with a stackable full-size washer and dryer and is cooled by an HVAC system and ceiling fans ensuring additional comfort throughout the year. Outside, residents will appreciate their own carport parking space and the community pool. Situated in Escondido, this unit gives you access to all that this vibrant city has to offer. From local eateries serving up international cuisines to various shopping centers catering to all your retail needs – everything is within reach. Nature enthusiasts will enjoy nearby parks offering trails for hiking or biking while art lovers can explore local galleries. Whether you're seeking tranquility or want to stay connected with the city's pulse – this home could be just what you're looking for.
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Est. Monthly Payment
$3,780
Location
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Zoned Schools
Elementary
Central Elementary · grades K-5 · Escondido Union
Middle
Del Dios Academy of Arts and Sciences · 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
$2,622
Comp Average
$2,443
1817 Grand Avenue
2bd / 2ba · 979 sqft · Condo
$300K
Est. $2,288/mo
475 Midway Drive
2bd / 2ba · 964 sqft · Condo
$400K
Est. $2,576/mo
475 Midway Dr
2bd / 2ba · 964 sqft · Condo
$405K
Est. $2,576/mo
475 Midway Dr
2bd / 1ba · 964 sqft · Condo
$409K
Est. $2,576/mo
1817 Grand Avenue
2bd / 1.5ba · 905 sqft · Condo
$385K
Est. $2,200/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
10 leases of 2-bed condos & townhomes within 1 mi · $2,289–$2,746
Blended 50/50 with the zip's market median ($2,772)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,136/mo short at 20% down; 89% down or +$2,774/mo rent closes it.
- Break-even price
- $171,604
- Break-even rent
- $5,396/mo
- Cashflow at 35% down
- −$1,667/mo
- Down payment to break even
- 89%
- Rate to break even
- Not reachable
62% under asking
$2,774/mo above the estimate
$400,233 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% 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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