1061 Arbor Lane

1061 Arbor Lane

D

San Marcos, CA 92069

$524,888

Soft Appraisal Value: $521,200 · 0.7% above estimate

Beds

2

Baths

2

Sqft

966

Year Built

1989

Days on Market

30

Property Type

Condo

HOA/mo

$485

MLS ID

NDP2601549

Description

The one you’ve been waiting for! Welcome to this beautifully remodeled 2-bedroom, 2-bath condo in the desirable Avocado Gardens community of San Marcos — where modern design meets comfort, privacy, and mountain views. Step inside and immediately notice the soaring vaulted ceilings in the living and dining areas, creating an open, airy feel rarely found in condos at this price point. Natural light fills the space, drawing you toward the modernized fireplace featuring contemporary “Fire & Ice” crushed glass — a stunning focal point that adds both warmth and style. The fully remodeled kitchen is thoughtfully designed with quartz countertops, white shaker cabinetry with soft-close doors and drawers, and stainless-steel appliances. From the kitchen, dining area, and private balcony, enjoy peaceful mountain views and the added benefit of no rear neighbors. Luxury vinyl plank flooring runs throughout the main living areas, complemented by designer three-tone paint and matte black ceiling fans that carry a timeless black-and-white aesthetic from room to room. The spacious primary suite offers dual closets and a dual-vanity ensuite bathroom, providing both functionality and comfort. The secondary bedroom and bath are equally well-appointed, ideal for guests, a home office, or roommates. Even the attached garage has been upgraded — freshly painted with a sleek epoxy-coated floor for a clean, finished look. The building itself is gated for added privacy, and residents enjoy access to Avocado Gardens amenities including a pool, spa, and playground. Located just minutes from California State University San Marcos, with convenient access to I-15 and Highway 78, this home offers both style and everyday practicality. Turnkey. Elevated. Ready for its next owner.

Mortgage Calculator

Est. Monthly Payment

$3,817

Principal & Interest$2,654
Property Tax$525
Insurance$153
HOA$485
%($104,978)
%

Investment Score

6D
Est. Monthly Rent
$2,662
Monthly Cashflow

Rent − PITI − HOA

$-1,155
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,205

Mortgage (P+I)
$2,654
Cap Rate
1.03%
Cash-on-Cash
-13.20%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.70
Break-even Rent
$3,817

NOI (Annual)
$5,393
Price-to-Rent

Lower = better for investors

16.4

* 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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