705 Beacon Pl
1 / 20

705 Beacon Pl

B

Escondido, CA 92025

$879,000

Beds

3

Baths

2

Sqft

1,617

Year Built

1960

Days on Market

51

Property Type

Single Family

HOA/mo

N/A

MLS ID

260012211SD

This property is in Escondido (92025). View neighborhood stats →

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About This Property

Turnkey charm in the heart of Old Escondido. Located on a desirable corner lot within the Old Escondido Historic District, this updated 3-bedroom, 2-bath home blends timeless curb appeal with thoughtful modern improvements. The current owner invested over $100,000 in upgrades, including a newly installed HVAC system, refreshed paint, fully remodeled bathrooms, an upgraded electrical panel, and owned solar. Additional prior improvements include flooring, kitchen cabinetry, and countertops. The light and bright floor plan features an inviting living room with a large brick fireplace and generously sized bedrooms, while the exterior showcases classic brick accents, wood siding, mature landscaping with irrigation, and a drought-tolerant yard design for a clean, low-maintenance feel. Enjoy the convenience of being near Downtown Escondido shops, dining, local events, and the farmers market while still having a spacious lot, attached garage, and private backyard space. Property is located within the Old Escondido Historic District and may be eligible for future property tax savings through the Mills Act program. This property may also be eligible for select community lending incentives, which may include lower interest rates, reduced or no mortgage insurance, and/or available lender credits, subject to buyer qualification, loan program availability, and lender approval. Buyer to verify all information, eligibility, financing options, and details.

Mortgage Calculator

Est. Monthly Payment

$5,580

Principal & Interest$4,445
Property Tax$879
Insurance$256
%($175,800)
%

Location

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Investment Score

34C
Est. Monthly Rent
$3,893
Monthly Cashflow

Rent − PITIA

$-1,687
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,315

Mortgage (P+I)
$4,445
Cap Rate
1.54%
Cash-on-Cash
-22.63%
DSCR

Need ≥ 1.25 for DSCR loan

0.70
Break-even Rent
$8,198

NOI (Annual)
$13,561
Price-to-Rent

Lower = better for investors

18.8

* 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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