943 Park Hill Drive

943 Park Hill Drive

C

Escondido, CA 92025

$1,049,000

Beds

3

Baths

2

Sqft

1,565

Year Built

1939

Days on Market

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2606847

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

About This Property

Updated single-story gem on a 1/3-acre lot ! No HOA, no restrictions, and infinite parking possibilities on the wrap-around driveway for RVs, toy trailers, work vehicles, and more. Tucked inside one of Escondido's best-kept secret enclaves, this meticulously maintained 1,565 sq ft home is just steps from the Old Escondido Historic District, with restaurants, pubs, coffee houses, Trader Joe's, and downtown shopping all within a few blocks. Commuters will love the central location with quick access to both I-15 and Hwy 78. Step inside to warm wood flooring that flows into a spacious living room with a cozy fireplace and an abundance of natural light. The generously sized dining room is ideal for hosting, and the open-concept gourmet kitchen impresses with stainless steel appliances, granite countertops, wood cabinetry, a gas stove, and a large walk-in pantry. The thoughtfully designed split floorplan places the primary suite on one side of the home for a true tranquil retreat, while two oversized guest bedrooms sit on the opposite side for peaceful, harmonious living. Both baths have been upgraded with dual sinks and granite counters .The guest bath features a shower/tub combo, while the primary bath delivers a spa-like experience with a stunning custom-tiled shower. Outside, discover an enormous flagstone patio, two flagstone pathways, an Artisan redwood gate, mature producing fruit trees, organic gardens, water-wise landscaping, and a composting station. Animal lovers will appreciate the whimsical "Catio" an enclosed cat patio unlike anything else on the market. The detached 325 sq ft bonus room is a huge plus. It's already producing: the ADU is active on Airbnb, stays consistently booked, and generates additional monthly income for the owners! Fully renovated and tasteful finishes . Additional features include an attached 2-car garage, newly installed flooring, solar attic fan, whole house fan, and solar tube lights. Dont miss out and come see this today!

Mortgage Calculator

Est. Monthly Payment

$6,659

Principal & Interest$5,304
Property Tax$1,049
Insurance$306
%($209,800)
%

Investment Score

10D
Est. Monthly Rent
$3,672
Monthly Cashflow

Rent − PITIA

$-2,987
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,706

Mortgage (P+I)
$5,304
Cap Rate
0.68%
Cash-on-Cash
-26.92%
DSCR

Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$9,784

NOI (Annual)
$7,179
Price-to-Rent

Lower = better for investors

23.8

* 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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