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

1040 E Washington, Escondido, California 92025 home-pic-0

1040 E Washington

Escondido, California 92025

ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
1Beds
1Baths
865Sq Ft
Lot Size

Property Price

LIST PRICE$299,000

SUMMARY

Analysis of 1040 E Washington, Escondido, California 92025 is currently available with a list price of $299,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although built in 1981, the property has been extensively renovated within the last 5 years. It features a brand-new kitchen, a fully remodeled modern bathroom, luxury vinyl plank flooring throughout, and updated energy-efficient windows and sliding doors. The inclusion of a smart home system and new appliances confirms it meets current quality standards with no deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Modern Interior Upgrades

    The residence features a recently remodeled kitchen, a fully updated bathroom, and luxury vinyl plank flooring, offering a turnkey, move-in-ready experience for the new owner.

  • Exceptional Market Value

    Priced at $299,000, this property represents one of the most affordable entry points in the San Diego County market, making it an ideal opportunity for first-time buyers or investors.

  • Functional Living Space

    At 865 square feet, the unit offers a generous layout for a one-bedroom, complemented by 8-foot ceilings, a wood-burning fireplace, and two dedicated parking spaces.

CONSRISKS & DEFICIENCIES

  • High Association Fees

    The monthly HOA fee of $748 is significantly high for a one-bedroom condominium, which may impact buyer affordability and overall return on investment.

  • Limited Bedroom Count

    The single-bedroom configuration naturally restricts the potential buyer pool to individuals or couples, limiting its appeal to growing families or those needing a dedicated home office.

About 1040 E Washington

Welcome to 1040 E Washington Ave #26, a beautifully updated residence located within a gated community in the heart of Escondido. Recently remodeled and truly move-in ready, this home offers a functional and inviting floor plan filled with natural light and thoughtful upgrades throughout. Inside, you’ll find 8-foot ceilings, a spacious living room anchored by a wood-burning fireplace, and luxury vinyl plank flooring. The new kitchen and fully remodeled bathroom add a fresh, modern feel, while a new window and sliding glass door enhance both light and energy efficiency. The generously sized bedroom offers comfort and privacy, and the private balcony provides the perfect space to relax and unwind. Additional highlights include appliances and a Vivant smart home system with Ring camera. The property also features two dedicated parking spaces, ample storage, and access to well-maintained community amenities. Ideally situated near shopping, dining, parks, schools, and with easy access to the 15 freeway, this location offers convenient connectivity throughout North County San Diego. Just a short drive to Downtown San Diego, Oceanside, the San Diego Bay, and the airport, this home truly delivers on location, value, and lifestyle. Located in Escondido Village and considered one of the best values in San Diego, this home is an excellent opportunity for first-time buyers, downsizers, or investors alike.

Property Details

Public Facts

Property Type
Condominium
Year Built
1981
Lot Size
-

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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds1.02.0
24%
Baths1.02.0
28%
Square foot8651,004
24%
Lot Size--
50%
Price$299.0K$460.0K
10%
Price per sq ft$346$408
14%
Built year19811981
50%
HOA$748.0$495
93%
Days on market52149
7%

Pricing History

Listed for Sale

Feb 24, 2026

$299,000

$325,000

-8% Price Drop

Initial Listing

Price Change

Jan 14, 2026

$325,000

Initial Listing

Sold

Jul 9, 2021

$279,000

Public Record

Sold

Oct 29, 2010

$79,000

Public Record

Sold

Jun 15, 2000

$55,000

Public Record

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