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1040 E E Washington Ave 33, Escondido, California 92025, Escondido, 92025 - 1 bed, 1 bath

1040 E E Washington Ave 33, Escondido, California 92025 home-pic-0
ACTIVE$299,000
1040 E E Washington Ave 33, Escondido, California 92025
1Bed
1Bath
865Sqft
161,151Lot
Year Built
1981
Close
-
List price
$299K
Original List price
$319K
Price/Sqft
$346
HOA
$624
Days on market
-
Sold On
-
MLS number
250041537SD
Home ConditionFair
Features
Good View:
Deck
Pool
Spa
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $299.0K(12th), sqft - 865(28th), beds - 1(28th), baths - 1(32th).

WHY RENT WHEN YOU CAN OWN? Spacious 1 bedroom / 1 bath condo in Escondido Village with pool, spa, elevator, and guest parking. Great opportunity for first-time homebuyers or investors. Ready to move-in, desirable third-floor corner unit overlooks the greenbelt and pool area and features an open-concept layout, fireplace, kitchen with plenty of cabinets, fresh paint, new carpeting, and abundant natural light throughout. Additional highlights include in-unit laundry (stackable washer and dryer), assigned parking space and access to the community pool and spa. WATER, SEWER AND TRASH IS INCLUDED with the HOA fees! Centrally located in the heart of Escondido, this property is just minutes from shopping, schools, and major freeways. Nestled in the gated community of Escondido Village, it offers open green spaces, a community pool, ample guest parking, a convenient elevator, and more. This opportunity won’t last—schedule your appointment to see it today!

Price History

Date
Event
Price
12/05/25
Price Change
$299,000-6.3%
10/13/25
Listing
$319,000
Condition Rating
Fair
The property, built in 1981, shows signs of being well-maintained with recent cosmetic updates like fresh paint and new carpeting/laminate flooring in the living area. However, the kitchen features dated white appliances, laminate countertops, and older-style white cabinets, along with a very dated fluorescent light fixture. The bathroom also presents with an outdated vanity, countertop, and light fixture. While functional and move-in ready, these key areas require significant updates to meet current aesthetic and quality standards, aligning with the 'Fair' condition criteria of being aged but maintained, with functional but outdated major components requiring minor updates.
Pros & Cons

Pros

Comprehensive HOA Inclusions: The HOA fees include water, sewer, and trash, significantly reducing monthly out-of-pocket expenses for residents and adding value.
Extensive Community Amenities: The gated community offers a pool, spa, elevator, ample guest parking, and open green spaces, enhancing lifestyle and security for residents.
Desirable Unit Features & Updates: A ready-to-move-in, third-floor corner unit with an open-concept layout, fireplace, fresh paint, new carpeting, abundant natural light, and convenient in-unit laundry.
Prime Central Location: Centrally located in the heart of Escondido, providing convenient access to shopping, schools, and major freeways.
Attractive for Target Market: Positioned as a great opportunity for first-time homebuyers or investors, further enhanced by a recent price reduction from $319,000 to $299,000.

Cons

High HOA Fees: The $624 monthly HOA fee, while inclusive of some utilities, is substantial for a 1-bedroom unit and could impact affordability and long-term investment returns.
Age of Building: Constructed in 1981, the building is over 40 years old, which may lead to potential future maintenance issues or higher special assessments for common area repairs, despite unit-specific updates.
Limited Unit Size/Bedroom Count: As a 1-bedroom, 1-bath unit at 865 sqft, its appeal is limited to single occupants or couples, potentially narrowing the buyer pool compared to units with more bedrooms.

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