1040 E Washington Ave 33, Escondido, California 92025, Escondido, 92025 - 1 bed, 1 bath
1040 E Washington Ave 33
Escondido, California 92025
Property Price
SUMMARY
Analysis of 1040 E Washington Ave 33, Escondido, California 92025 is currently available with a list price of $299,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
Built in 1981, the property is well-maintained and move-in ready with recent cosmetic updates including fresh paint and new carpeting. While functional and clean, the bathroom fixtures and tiling appear dated, and the property has not undergone a full modern renovation, placing it in the fair category based on age and style.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Unit Positioning
As a third-floor corner unit, this property offers enhanced privacy and superior views overlooking the community greenbelt and pool area compared to interior units.
- Move-In Ready Condition
The interior features fresh paint and new carpeting throughout, allowing for an immediate transition for homeowners or tenants without the need for initial renovation.
- In-Unit Laundry Convenience
The inclusion of a stackable washer and dryer within the unit is a significant value-add that provides daily convenience often missing in older condo complexes.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
At $748 per month, the association dues are relatively high for a one-bedroom unit, which may impact buyer debt-to-income ratios and overall monthly affordability.
- Limited Market Appeal
The one-bedroom, one-bathroom configuration restricts the potential buyer pool primarily to individuals, couples, or investors, excluding families or those needing home offices.
- Single Assigned Parking
With only one assigned parking space, residents with multiple vehicles may find the reliance on guest parking or street parking to be a significant daily inconvenience.
About 1040 E Washington Ave 33
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!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1981
- Lot Size
- 161,151 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $748.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 24% |
| Baths | 1.0 | 2.0 | 28% |
| Square foot | 865 | 1,004 | 24% |
| Lot Size | 161,151 | 1,204 | 79% |
| Price | $299.0K | $460.0K | 10% |
| Price per sq ft | $346 | $408 | 14% |
| Built year | 1981 | 1981 | 50% |
| HOA | $748.0 | $495 | 93% |
| Days on market | 24 | 149 | 3% |
Pricing History
Listed for Sale
Feb 11, 2026
$299,000
Initial Listing
Sold
Sep 12, 2011
$65,000
Public Record
Sold
May 31, 2006
$265,000
Public Record
Sold
May 6, 2005
$219,000
Public Record