1032 Tesoro Avenue
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1032 Tesoro Avenue

D

San Marcos, CA 92069

$1,175,000
NEW — 2d

Soft Appraisal Value: $1,158,500 · 1.4% above estimate

Beds

4

Baths

2.5

Sqft

2,302

Year Built

2001

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2605042

This property is in San Marcos (92069). View neighborhood stats →

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About This Property

Welcome to this beautifully upgraded 4-bedroom, 2.5-bath home in family-friendly Santa Fe Hills with NO HOA! Sitting on a sunny corner lot with 2,302 sq ft of space, this turnkey home is move-in ready. Inside you'll find gorgeous flooring, new dual-pane windows, and an open floorplan filled with natural light. The updated kitchen has newer appliances and cabinets, plus the home includes owned solar and a whole-house water softener to save you money and add comfort. A downstairs bedroom makes a great office, guest room, or space for visiting family. Upstairs, the primary suite offers peekaboo ocean views, a large walk-in closet, and a stunning bathroom with new Spanish-style tile and a soaking tub. Two more bedrooms share a Jack-and-Jill bath - perfect for kids. The upstairs laundry room keeps things easy for busy families. Outside, enjoy a private backyard with exterior lighting, a fountain, and a new 2025 Alumawood patio cover that adds shade and keeps the home cool. The street is full of young families, with many kids under 10 on the block! Walk less than 10 minutes to top-rated Paloma Elementary (rated 10/10), Las Posas Park with its pool and soccer fields, and several playgrounds. Community trails and Palomar College are close by too.

Mortgage Calculator

Est. Monthly Payment

$7,459

Principal & Interest$5,941
Property Tax$1,175
Insurance$343
%($235,000)
%

Location

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Investment Score

13D
Est. Monthly Rent
$4,686
Monthly Cashflow

Rent − PITIA

$-2,773
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,830

Mortgage (P+I)
$5,941
Cap Rate
1.13%
Cash-on-Cash
-24.67%
DSCR

Need ≥ 1.25 for DSCR loan

0.63
Break-even Rent
$10,959

NOI (Annual)
$13,333
Price-to-Rent

Lower = better for investors

20.9

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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