1240 N Broadway, Escondido, California 92026, Escondido, 92026 - 2 bed, 2 bath

1240 N Broadway, Escondido, California 92026 home-pic-0
ACTIVE$399,000
1240 N Broadway, Escondido, California 92026
2Beds
2Baths
854Sqft
205,278Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Walkability & Local Access: The property boasts 'unbeatable walkability' with 'easy access to nearby shops and restaurants,' and is 'Minutes to the San Diego Zoo Safari Park, local Escondido trails, and a wide range of dining, shopping, and cultural spots.'
Top Cons:
High Monthly HOA Fee: The association fee of $550.0 is substantial for an 854 sqft condo, significantly impacting monthly housing costs and potentially limiting buyer affordability.

Compared to the nearby listings

Price:$399.0K vs avg $500.0K ($-101,000)31%
Size:854 sqft vs avg 1,071 sqft31%
Price/sqft:$467 vs avg $47248%

More Insights

Built in 1978 (47 years old).
Condition: Built in 1978, this condo has undergone significant updates, making it move-in ready. The kitchen features granite countertops, a mosaic tile backsplash, and wood cabinetry, though the white dishwasher appears older. Laminate flooring and crown molding are present in the main living areas, and the bedrooms have clean carpeting. While not a brand-new renovation, the updates appear to be within the last 5-15 years, providing a well-maintained and functional living space with minimal wear and tear.
Year Built
1978
Close
-
List price
$399K
Original List price
$419K
Price/Sqft
$467
HOA
$550
Days on market
-
Sold On
-
MLS number
IG25236314
Home ConditionGood
Features
Pool
Spa
View-

About this home

Crisp, bright, and move-in ready—this 2 bed, 2 bath upper-level condo sits in a peaceful garden-style community in North County San Diego with unbeatable walkability. Enjoy an open layout with laminate flooring, crown molding, and a kitchen upgraded with granite counters and matching backsplash. The primary suite offers privacy with its own en suite bath. Parking is a major plus here: you’ll get 1 detached garage, 1 carport, and lots of guest parking throughout the community. HOA amenities include a pool/spa, BBQ area, controlled access, and trash—all in a lush, well-maintained setting perfect for evening strolls and easy access to nearby shops and restaurants. Minutes to the San Diego Zoo Safari Park, local Escondido trails, and a wide range of dining, shopping, and cultural spots. VA eligible—an excellent opportunity in a prime, walkable location.

Nearby schools

5/10
Conway Elementary School
Public,K-51.0mi
4/10
Rincon Middle School
Public,6-81.3mi
7/10
Quantum Academy
Public,4-83.1mi
5/10
Escondido High School
Public,9-120.4mi
Condition Rating
Good

Built in 1978, this condo has undergone significant updates, making it move-in ready. The kitchen features granite countertops, a mosaic tile backsplash, and wood cabinetry, though the white dishwasher appears older. Laminate flooring and crown molding are present in the main living areas, and the bedrooms have clean carpeting. While not a brand-new renovation, the updates appear to be within the last 5-15 years, providing a well-maintained and functional living space with minimal wear and tear.
Pros & Cons

Pros

Exceptional Walkability & Local Access: The property boasts 'unbeatable walkability' with 'easy access to nearby shops and restaurants,' and is 'Minutes to the San Diego Zoo Safari Park, local Escondido trails, and a wide range of dining, shopping, and cultural spots.'
Abundant Parking Options: A significant advantage for a condo, offering '1 detached garage, 1 carport, and lots of guest parking throughout the community.'
Comprehensive HOA Amenities & Well-Maintained Community: The 'peaceful garden-style community' provides a 'pool/spa, BBQ area, controlled access, and trash' in a 'lush, well-maintained setting.'
Move-in Ready with Modern Upgrades: Described as 'Crisp, bright, and move-in ready' with an 'open layout,' 'laminate flooring, crown molding,' and a 'kitchen upgraded with granite counters and matching backsplash.'
VA Eligibility & Good School Proximity: The property is 'VA eligible,' expanding the potential buyer pool, and is located near well-rated schools, including Escondido High School just 0.4 miles away.

Cons

High Monthly HOA Fee: The association fee of $550.0 is substantial for an 854 sqft condo, significantly impacting monthly housing costs and potentially limiting buyer affordability.
Recent Price Reduction: A $20,000 price drop from the original list price of $419,000 to $399,000 suggests potential initial overpricing or a lack of strong market demand.
Compact Square Footage & No View: At 854 sqft, the unit offers limited living space, which may not appeal to all buyers, and the 'None' view for an upper-level unit is a missed opportunity.

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