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1240 North Broadway 5, Escondido, California 92026, Escondido, 92026 - 2 bed, 2 bath

1240 North Broadway 5, Escondido, California 92026 home-pic-0
ACTIVE$365,000
1240 North Broadway 5, Escondido, California 92026
2Beds
2Baths
854Sqft
Lot
Year Built
1978
Close
-
List price
$365K
Original List price
$375K
Price/Sqft
$427
HOA
$550
Days on market
-
Sold On
-
MLS number
250041593SD
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $365.0K(17th), sqft - 854(31th), beds - 2(50th), baths - 2(50th).

Great opportunity to own this lovely, ground floor 2 bedroom 1.5 baths home with tile flooring throughout the house, granite counter top in the kitchen and bathrooms within a beautifully maintained garden style, secure, gated community of Villa La Paz in North Escondido . Conveniently located near Highway 78 & Freeway 15. Close to lots of restaurants & shopping, schools, YMCA. Community offers a beautiful Pool to enjoy with your family, Club/ Rec Room, BBQ & Laundry Facility. The house comes with a one car detached garage and an assigned carport parking space. Perfect for first time home buyers or investment property. HOA pays for water, trash, sewer , exterior maintenance & landscape.

Nearby schools

5/10
Conway Elementary School
Public,•K-5•1.0mi
4/10
Rincon Middle School
Public,•6-8•1.3mi
7/10
Quantum Academy
Public,•4-8•3.1mi
5/10
Escondido High School
Public,•9-12•0.4mi

Price History

Date
Event
Price
12/05/25
Price Change
$365,000-2.7%
10/14/25
Listing
$375,000
07/20/20
Sold
$210,000
11/20/09
Sold
$83,500
11/23/04
Sold
$243,000
Condition Rating
Fair
Built in 1978, this property is 46 years old. While it features updates like tile flooring throughout and granite countertops in the kitchen and bathrooms, the style of the kitchen cabinets, white appliances, and bathroom vanities/fixtures appears dated, suggesting these renovations were likely completed 15-25 years ago rather than recently. The property is well-maintained and functional, but the overall aesthetic and some components show signs of being outdated, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Gated Community & Amenities: The property is located within a secure, beautifully maintained garden-style gated community (Villa La Paz) offering a pool, club/rec room, BBQ area, and laundry facilities.
Prime Location & Accessibility: Conveniently situated near major highways (78 & 15), and close to a variety of restaurants, shopping centers, schools, and the YMCA.
HOA Inclusions: The HOA fee covers water, trash, sewer, exterior maintenance, and landscaping, significantly reducing the homeowner's out-of-pocket expenses for these services.
Modern Interior Finishes: The home features updated tile flooring throughout and granite countertops in both the kitchen and bathrooms, providing a modern aesthetic.
Dedicated Parking & Ground Floor Access: Includes a one-car detached garage and an assigned carport parking space, along with the convenience and accessibility of a ground-floor unit.

Cons

High Monthly HOA Fee: The $550 monthly association fee, despite its inclusions, is a substantial recurring cost that could impact overall affordability for potential buyers.
Compact Living Space: With 854 square feet, the unit offers relatively compact living space, which may not be suitable for all buyer preferences or family sizes.
Age of Building: Constructed in 1978, the building is over 45 years old, which could raise concerns about aging infrastructure or potential for future special assessments beyond standard HOA coverage.

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