1003 La Ventana Court
Ctop 80%San Marcos, CA 92078
Pass at asking: -$3,033/mo full cashflow at 20% down, 7.43% rate.
Works at $280,024 (59% under asking), or at 85% down.
Rent $3,339/mo from 11 leases of 1–3 bed condos & townhomes within 1 mi ($3,284–$3,762).
Beds
2
Baths
2
Sqft
1,200
Year Built
1975
Days on Market
0
Property Type
Condo
HOA/mo
$420
MLS ID
NDP2610081
This property is in San Marcos (92078). View neighborhood stats →
About This Property
Level up your day-to-day with coastal breezes, waterfront dining, and the relaxed lifestyle that makes Lake San Marcos such a special place to call home. With 2 golf courses, 3 restaurants, shops, doctors’ offices, and more right in the community, there’s plenty to enjoy without ever leaving the neighborhood. Beautifully remodeled and tucked into a quieter setting furthest from the road, this single-story end-unit home offers a no-stairs access option and plenty of nearby parking. Inside, the bright, open layout connects the kitchen, dining, and living areas, creating an inviting space for hosting friends or enjoying a quiet evening. Quartz countertops, stainless steel appliances, custom cabinetry, and a matching custom-built island bring style and generous storage to the kitchen. Luxury vinyl plank flooring flows through the main living spaces, while dual-pane windows and 2 sliding glass doors fill the home with natural light and connect the interior to the patio. The 2 spacious bedrooms each feature an ensuite bathroom, offering comfort and privacy for you and your guests. The primary suite includes custom paneling, cozy carpeting, a walk-in shower, and direct patio access, while the second bathroom features a tub. Outside, beautiful views and cooling coastal breezes make the patio a natural extension of your living space, perfect for morning coffee, dinner outdoors, or unwinding at the end of the day. Two newer mini-split systems and an updated electrical panel add comfort and peace of mind. The spacious garage offers a standout bonus: an area originally intended for golf cart parking has been transformed into a large bonus/hobby room with a custom built-in desk. Whether you enjoy creative projects or simply want more room to organize, this flexible space adds everyday functionality. Extensive custom built-in storage includes shelving deep enough for storage totes, keeping seasonal decor, hobby supplies, and other belongings neatly organized and within reach. Enjoy nearby lake access for kayaking and paddleboarding, meet friends for waterfront dining, or take part in local events. Optional Lake & Lodge membership offers pools, pickleball courts, a gym, and more. When you venture beyond the community, shopping, dining, local colleges, major freeways, and the coast are all within easy reach. Come home to thoughtful upgrades, a peaceful setting, and a lifestyle that makes every day feel a little more like a getaway.
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Est. Monthly Payment
$5,042
Location
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Comparable Properties
5 comps foundThis Property
$3,339
Comp Average
$3,335
1060 San Marcos Blvd
2bd / 2.5ba · 1,222 sqft · Condo
$596K
Est. $3,234/mo
1812 Fairway Circle
2bd / 2ba · 1,150 sqft · Condo
$600K
Est. $3,314/mo
3307 Faye Drive
2bd / 2.5ba · 1,193 sqft · Condo
$650K
Est. $3,420/mo
2230 Indus Way
2bd / 2.5ba · 1,158 sqft · Condo
$695K
Est. $3,331/mo
1646 Via Caminar
2bd / 2ba · 1,222 sqft · Condo
$795K
Est. $3,376/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
11 leases of 1–3 bed condos & townhomes within 1 mi · $3,284–$3,762
Blended 50/50 with the zip's market median ($3,320)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,033/mo short at 20% down; 85% down or +$3,939/mo rent closes it.
- Break-even price
- $280,024
- Break-even rent
- $7,278/mo
- Cashflow at 35% down
- −$2,330/mo
- Down payment to break even
- 85%
- Rate to break even
- Not reachable
59% under asking
$3,939/mo above the estimate
$573,750 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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