1020 E Washington Avenue 88, Escondido, California 92025, Escondido, 92025 - 2 bed, 2 bath
1020 E Washington Avenue 88
Escondido, California 92025
Property Price
SUMMARY
Analysis of 1020 E Washington Avenue 88, Escondido, California 92025 is currently available with a list price of $399,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Escondido Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property, built in 1982, features an attractively upgraded open-galley kitchen with modern white shaker cabinets, quartz countertops, stainless steel appliances, and recessed lighting, indicating a recent renovation (likely within 5-10 years). One bathroom also appears recently updated with a modern double vanity and fixtures. The flooring throughout the living areas and bedrooms is newer wood-look laminate. While the second bathroom shows an older renovation style (vessel sink, granite-look counter, older tile), and the building exterior reflects its age, the significant updates in key areas make the property move-in ready with no immediate major renovations required, aligning with a 'Good' condition score.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Price Improvement
The property has seen a substantial $51,000 price reduction, indicating a strong value proposition and potential for a motivated seller, making it an attractive opportunity for buyers.
- Prime Location & Walkability
Conveniently located within walking distance to schools, restaurants, shopping, entertainment, employment, transit, parks, and recreational spots, offering exceptional accessibility and lifestyle benefits.
- Gated Community & Resort-Style Amenities
Situated in a secure gated community offering a pool, spa, and clubhouse, providing a resort-like living experience with low maintenance responsibilities for the homeowner.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly association fee of $624.00 is relatively high, which could impact overall affordability and long-term ownership costs for potential buyers.
- Building Age
Built in 1982, the property is over 40 years old, which may suggest that some original systems or components could require future maintenance or upgrades, despite recent kitchen renovations.
- Non-Standard Primary Bedroom Layout
While offering flexibility, the primary bedroom's current layout with a partition wall might not appeal to all buyers who prefer a traditional, open bedroom space, even with the option for removal.
About 1020 E Washington Avenue 88
$51,000 PRICE IMPROVEMENT!!! Welcome to this charmingly designed single-level first floor end unit condominium offering 2 bedrooms and 2 baths in a gated community! The spacious primary bedroom offers options, currently featuring a layout with a partition wall, creating a flexible space perfect for additional sleeping space, home office, play area, reading nook, etc. or sellers agree to remove partition wall, if next homeowner prefers. Relax by the cozy fireplace in the spacious and inviting living room, and enjoy an attractively upgraded open-galley kitchen with a convenient dining area for entertaining. Step outside to the large covered patio with pool and open space views, complete with a private laundry-storage room, plus an on-site laundromat for added convenience. This home comes with two assigned parking spaces—one covered. HOA offers the security of a gated community, pool, spa and clubhouse. Try condo convenience delightfully located so close to so much! Walking distance to schools, restaurants, shopping, entertainment, employment, transit, parks and recreational spots, this condo-home offers a perfect blend of convenience, the comfort and benefits of homeownership, plus resort style pool side lounging or recreational swimming without the responsibility of pool upkeep or maintenance. Come see and fall in love!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1982
- Lot Size
- 111,078 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $624.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,178 | 1,026 | 59% |
| Lot Size | 111,078 | 1,204 | 76% |
| Price | $399.0K | $460.0K | 38% |
| Price per sq ft | $339 | $408 | 14% |
| Built year | 1982 | 1981 | 59% |
| HOA | $624.0 | $495 | 90% |
| Days on market | 361 | 158 | 0% |
Pricing History
Listed for Sale
Dec 5, 2025
$399,000
$450,000
-11% Price Drop
Initial Listing
Price Change
Oct 22, 2025
$450,000
Initial Listing
Price Change
Mar 11, 2025
$485,000
Initial Listing