
940 Upas Street
CEscondido, CA 92025
Soft Appraisal Value: $812,500 · 1.5% above estimate
Beds
3
Baths
2
Sqft
1,216
Year Built
1937
Days on Market
7
Property Type
Single Family
HOA/mo
N/A
MLS ID
NDP2604837
This property is in Escondido (92025). View neighborhood stats →
About This Property
This beautifully remodeled home comes with an approved plan to build a 3br/2ba ADU (Shovel Ready). Home was renovated from the ground up. Some of upgrades are New Roof, New Plumbing, Electrical wiring & panels, Patio cover, Driveway & Courtyard concrete, Beautiful new Kitchen, flooring, Doors, Windows, Drywalls, Fireplace, New baths & Shower, Mini Splits and much more. Great opportunity to add value. Live in one and rent the other for $3,500, rent both for $7,500 plus, or just bring your RV & toys. Please Read " Supplemental Section" for more info on remodeling & Plans. Over 200K in upgrades, architectural plans & City Permit. Home has been completely remodeled from ground up with plans & permit from City of Escondido. Some of the improvements are: New Roof, New kitchen, New Mini split ( A/C & Heat pump) for each room, New windows & doors, New bath & shower, New drywall throughout, New Plumbing, Complete new Electrical wiring & electrical panel upgrade, New beam and footing between living room & kitchen. Newley constructed 50 ft long patio with new footing for each post and much more. All work was done with plans and permits. *** In Addition, seller has an "Approved Plan & permit to build a 3 bedrooms/2 baths 1000sqft ADU in the back lot (see virtual picture) with its own address, 942 S Upas. It took over 7 months & 30K to get the plan approved. All Permit fees have been paid except a couple such as School fees & park fee etc.., which is due prior to starting the construction. All the hard work has been done by the seller. This is a great long term investment property. It is located on a very desirable street close to freeway and town center.
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Est. Monthly Payment
$5,237
Location
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Comparable Properties
5 comps foundThis Property
$3,665
Comp Average
$2,809
1651 Juniper Street
3bd / 2.5ba · 1,420 sqft · Condo
$540K
Est. $3,373/mo
831 3rd Avenue
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2425 Cranston Drive
2bd / 2ba · 832 sqft · Condo
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1050 Washington Ave
2bd / 2ba · 1,178 sqft · Condo
$495K
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1020 Washington Ave
2bd / 2ba · 1,178 sqft · Condo
$499K
Est. $2,442/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Rent − PITIA
Incl. vacancy, PM, maint, capex
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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