1020 E Washington 107, Escondido, California 92029, Escondido, 92029 - 2 bed, 2 bath
ACTIVE$380,000
1020 E Washington 107, Escondido, California 92029
2Beds
2Baths
1,178Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Value-Add Opportunity: The property is explicitly marketed as an 'opportunity to remodel to your own taste' and 'build value with sweat equity,' appealing to buyers seeking customization and investment potential.
Top Cons:
Extensive Renovation Required: The description clearly indicates the property needs a remodel, implying significant upfront investment and effort for a buyer to modernize and update.
Compared to the nearby listings
Price:$380.0K vs avg $445.0K ($-65,000)33%
Size:1,178 sqft vs avg 1,134 sqft67%
Price/sqft:$323 vs avg $42833%
More Insights
Built in 1982 (43 years old).
Condition: Built in 1982, this property is 42 years old and shows no evidence of significant renovations in decades. The MLS description explicitly states it's an 'opportunity to remodel to your own taste' and requires 'sweat equity,' indicating substantial rehabilitation is needed. The kitchen features severely outdated wood cabinets, old tile countertops, and dated white appliances. Flooring throughout appears worn and dated. The overall condition suggests the property is uncomfortable to live in its current state and requires extensive updates to all major components to meet modern standards.
Year Built
1982
Close
-
List price
$380K
Original List price
$380K
Price/Sqft
$323
HOA
$580
Days on market
-
Sold On
-
MLS number
250042654SD
Home ConditionPoor
Features
Good View:
Deck
View-
About this home
Nice opportunity to remodel to your own taste. Condo features a master suite and a 2nd bedroom and bath. Open floor plan with Living room fireplace and a nice size kitchen. Balcony with a view and washer dryer hookups. Priced to sell to someone handy that can get into homeownership for less then build value with sweat equity. Information believed reliable however not guaranteed. Buyer and agent to do their own investigation.
Price History
Date
Event
Price
06/04/98
Sold
$55,000
10/11/93
Sold
$80,000
Condition Rating
Poor
Built in 1982, this property is 42 years old and shows no evidence of significant renovations in decades. The MLS description explicitly states it's an 'opportunity to remodel to your own taste' and requires 'sweat equity,' indicating substantial rehabilitation is needed. The kitchen features severely outdated wood cabinets, old tile countertops, and dated white appliances. Flooring throughout appears worn and dated. The overall condition suggests the property is uncomfortable to live in its current state and requires extensive updates to all major components to meet modern standards.
Pros & Cons
Pros
Value-Add Opportunity: The property is explicitly marketed as an 'opportunity to remodel to your own taste' and 'build value with sweat equity,' appealing to buyers seeking customization and investment potential.
Functional Layout: Features an 'open floor plan' with a 'master suite and a 2nd bedroom and bath,' providing a practical and desirable living arrangement for various household sizes.
Private Outdoor Space & View: Includes a 'balcony with a view,' offering valuable private outdoor living space and enhancing the property's aesthetic appeal.
In-Unit Laundry Convenience: Equipped with 'washer dryer hookups,' a highly sought-after amenity that provides significant convenience for condominium living.
Cozy Ambiance: The 'Living room fireplace' adds a desirable element for comfort, warmth, and atmosphere within the home.
Cons
Extensive Renovation Required: The description clearly indicates the property needs a remodel, implying significant upfront investment and effort for a buyer to modernize and update.
High Monthly Association Fee: A monthly association fee of $580.0 is substantial and could impact affordability and long-term ownership costs for potential buyers.
Property Age: Built in 1982, the property is over 40 years old, which may suggest dated systems or common area components that could require future maintenance or upgrades.