1060 E Washington Ave 5, Escondido, California 92025, Escondido, 92025 - 2 bed, 2 bath
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Escondido, California 92025
This Modernized Ground-Floor Condominium is a Prime Investment Opportunity, listed at $289,000—positioned well below the $299,950 Fair Market Value by 3%. This valuation gap offers $10,950 in Instant Equity for the incoming owner. Boasting an Excellent Condition Rating, the interior features a Renovated Granite Kitchen, white shaker cabinets, and luxury vinyl flooring. Residents enjoy a private patio and community pool within a secure gated complex near the Escondido Union district. This turnkey property is an ideal acquisition for first-time buyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1060 E Washington Ave 5 Subject | $289,000* List Price | 2 | 2 | 936 | $320 | - |
A 1010 E Washington Avenue 73 Sold | $375,000 | 2 | 1 | 1,066 | $352 | 0.0 mi |
B 1040 E Washington Active | $299,000 List Price | 1 | 1 | 865 | $346 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1981, the property has undergone an extensive recent renovation within the last 5 years, meeting the criteria for excellent condition. The interior features modern luxury vinyl plank flooring, a fully remodeled kitchen with white shaker cabinets, granite countertops, and stainless steel appliances. Additional upgrades include contemporary ceiling fans, crown molding, and fresh paint throughout, presenting a completely turnkey and modern living space.
The unit features high-quality interior finishes including luxury vinyl flooring and a fully renovated kitchen with white shaker cabinets, granite countertops, and stainless steel appliances.
As a ground-floor unit with a private patio and an open layout, this home offers excellent accessibility and a seamless indoor-outdoor living feel.
Situated in a gated community with easy access to freeways, shopping, and dining, the property is ideally positioned for both commuters and local residents.
The monthly HOA fee of $748 is relatively high for the price point, which may impact buyer affordability and overall investment yield.
The property lacks in-unit laundry hookups, requiring residents to use a communal laundry room, which is often seen as a convenience drawback in the modern market.
Welcome to this beautifully updated unit in the heart of Escondido! Located in a well-maintained gated community, this ground-floor home features stylish upgrades including luxury vinyl flooring, a renovated kitchen with white shaker cabinets, granite countertops, and stainless steel appliances. The spacious living area offers abundant natural light and an open layout perfect for everyday living or entertaining. Enjoy the convenience of a private patio space, assigned covered parking, community laundry room, and access to a sparkling community pool. This unit is ideally situated near shops, restaurants, schools, and freeway access—making commuting and errands a breeze. Whether you’re a first-time buyer or investor, this turnkey opportunity offers value, location, and style all in one package. Don’t miss it!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 936 | 1,004 | 30% |
| Lot Size | - | 39,871 | 48% |
| Price | $289.0K | $425.0K | 7% |
| Price per sq ft | $309 | $408 | 7% |
| Built year | 1981 | 1981 | 50% |
| HOA | $748.0 | $498 | 89% |
| Days on market | 63 | 187 | 11% |
Apr 16, 2026
$289,000
$299,950
-4% Price Drop
Initial Listing
Feb 18, 2026
$299,950
Initial Listing
Feb 7, 2022
$430,000
Public Record
Nov 10, 2021
$242,000
Public Record
Dec 6, 2017
$220,000
Public Record
Feb 19, 2004
$190,000
Public Record
Oct 30, 2001
$92,000
Public Record