1051 Rock Springs Rd 137, Escondido, California 92026, Escondido, 92026 - 2 bed, 1 bath
1051 Rock Springs Rd 137
Escondido, California 92026
Property Price
SUMMARY
Analysis of 1051 Rock Springs Rd 137, Escondido, California 92026 is currently available with a list price of $329,500. 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 1980, the property is functional but shows significant age and is described as needing a 'refresh.' The kitchen features dated oak cabinetry and mismatched appliances, while the interior retains popcorn ceilings and older laminate countertops. While livable and maintained, the home requires cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Potential
Priced significantly below market value, this property offers a prime sweat-equity opportunity for investors or handy homeowners to build immediate value through renovations.
- Prime Location
Situated with exceptionally quick access to both I-15 and Highway 78, the home is ideal for commuters seeking a central North County location.
- Functional Floor Plan
The lower-level unit features an efficient open-concept living area and a Jack and Jill bathroom, maximizing the utility of its 821-square-foot layout.
CONSRISKS & DEFICIENCIES
- Renovation Required
The interior is in need of a comprehensive refresh and cosmetic updates, which may deter buyers looking for a turnkey, move-in-ready home.
- High Association Fees
The monthly HOA fee of $550 is relatively high for this price point and unit size, impacting the overall monthly carrying costs for the owner.
- Lack of In-Unit Laundry
The property relies on shared on-site laundry facilities rather than having private in-unit hookups, which can be a significant inconvenience for modern residents.
About 1051 Rock Springs Rd 137
Priced well below market, this property is located in the Rock Springs West community in Escondido in an exceptionally convenient location! The condo is a 2-bedroom, 1-bathroom lower-level unit and offers a very functional living space with an open layout between the living and dining areas. The kitchen features plenty of counter space, all standard appliances, and plenty of cabinet storage with a pantry. The two bedrooms are sized well with large closets and a full Jack and Jill bathroom. The patio overlooks a tree-lined grassy knoll and includes an outdoor storage locker as well. In need of a good refresh, this home presents a fantastic sweat-equity and design opportunity for a handy homeowner or investor, and is priced well below market value. Residents of Rock Springs West enjoy access to a swimming pool, spa, on-site laundry facilities, and a reserved, covered parking spot plus additional guest parking throughout the complex. The community is centrally located in Escondido with quick and easy access to the I-15 and Highway 78.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1980
- Lot Size
- 324,270 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $550.0 / 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 | 1.0 | 2.0 | 35% |
| Square foot | 821 | 943.5 | 26% |
| Lot Size | 324,270 | 1,117 | 97% |
| Price | $329.5K | $435.0K | 15% |
| Price per sq ft | $401 | $482 | 12% |
| Built year | 1980 | 1979 | 56% |
| HOA | $550.0 | $434 | 88% |
| Days on market | 155 | 197 | 32% |
Pricing History
Listed for Sale
Feb 14, 2026
$329,500
$339,500
-3% Price Drop
Initial Listing
Price Change
Feb 1, 2026
$339,500
$345,000
-2% Price Drop
Initial Listing
Price Change
Nov 24, 2025
$345,000
$355,000
-3% Price Drop
Initial Listing
Price Change
Oct 22, 2025
$355,000
Initial Listing
Price Change
Oct 3, 2025
$365,000
Initial Listing