525 El Norte Parkway #75
Atop 10%Escondido, CA 92026
Pass at asking: -$1,711/mo full cashflow at 20% down, 7.36% rate.
Works at $275,247 (45% under asking), or at 70% down.
Rent $3,186/mo: zip market median for this bed count.
Beds
3
Baths
2
Sqft
1,512
Year Built
2011
Days on Market
279
Property Type
Manufactured
HOA/mo
$350
MLS ID
260002957SD
This property is in Escondido (92026). Browse neighborhood analytics →
About This Property
You own the land! No Space Rent! Affordable Real Estate for Seniors. Welcome to easy, vibrant 55+ living in this beautifully maintained 3BR/2BA home built in 2011, offering comfort, space, and community connection plus SOLAR. The open, airy floor plan features new kitchen flooring, central heat & AC, ceiling fans, and a spacious primary suite with jetted soaking tub and separate shower. Enjoy energy savings with a solar lease, plus convenient 3-car carport parking, storage shed, raised garden beds, and mature navel orange and tangerine trees. Brand new water heater. HOA is $350/Mo and includes water, trash and basic cable. Residents enjoy resort-style amenities including a pool, spa, clubhouse, library, fitness room, dog park, and an active social calendar with happy hours, lunches, and community events — perfect for relaxed, connected senior living. all plants and trees are on a drip system. Pet restrictions, 20 LB limit for dogs. White refrigerator in Laundry Room stays. Solar thru Good Leap. 12 panels, tesla battery.
Mortgage Calculator
Est. Monthly Payment
$3,748
Location
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Zoned Schools
Elementary
Rock Springs Elementary · grades K-5 · Escondido Union
Middle
Del Dios Academy of Arts and Sciences · grades 6-8 · Escondido Union
High
Escondido 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
$3,186
Comp Average
$2,872
525 El Norte Parkway
3bd / 2ba · 1,344 sqft · Manufactured
$385K
Est. $3,186/mo
525 El Norte Parkway
3bd / 2ba · 1,325 sqft · Manufactured
$475K
Est. $3,186/mo
525 El Norte Parkway
3bd / 2ba · 1,647 sqft · Manufactured
$549K
Est. $3,186/mo
525 El Norte Pkwy.
2bd / 2ba · 1,512 sqft · Manufactured
$490K
Est. $2,402/mo
8975 Lawrence Welk Drive
2bd / 2ba · 1,488 sqft · Manufactured
$500K
Est. $2,402/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Zip market median for this bed count
Thin data: no closed leases like this one nearby.
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$1,711/mo short at 20% down; 70% down or +$2,222/mo rent closes it.
- Break-even price
- $275,247
- Break-even rent
- $5,408/mo
- Cashflow at 35% down
- −$1,195/mo
- Down payment to break even
- 70%
- Rate to break even
- Not reachable
45% under asking
$2,222/mo above the estimate
$349,300 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.36% 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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