1109 San Julian Drive
Ctop 80%San Marcos, CA 92078
Pass at asking: -$5,752/mo full cashflow at 20% down, 7.43% rate.
Works at $399,973 (65% under asking), or at 93% down.
Rent $3,990/mo from 14 leases of 1–3 bed houses within 2 mi ($4,084–$4,782).
Beds
2
Baths
3
Sqft
1,910
Year Built
1965
Days on Market
0
Property Type
Single Family
HOA/mo
N/A
MLS ID
NDP2610095
This property is in San Marcos (92078). View neighborhood stats →
About This Property
Single-story charm and a scenic backdrop welcome you to 1109 San Julian Drive in Lake San Marcos. Offering approximately 1,910 square feet with 2 bedrooms and 3 bathrooms, this home combines generous gathering spaces with inviting outdoor areas. A broad front window brings natural light into the living room, where a fireplace creates a welcoming focal point. The adjoining dining area opens to a kitchen with abundant cabinetry, an expansive peninsula, and a convenient pass-through to the family room. Framed by windows, the wood-paneled family room offers leafy outlooks and sliding-door access to the backyard. The spacious primary suite features a skylight, a walk-in closet with built-in shelving, and an adjoining bathroom with dual sinks and a separate shower. The second bedroom also enjoys direct access to a bathroom. Outside, a patio, gravel landscaping, sculpted hedges, citrus trees, and raised succulent beds create an appealing setting for morning coffee or outdoor dining, with mature trees and distant hills beyond. An attached two-car garage includes laundry space and storage cabinetry. Set on an approximately 7,000-square-foot lot, this home offers classic character and an inviting opportunity to make it your own. Enjoy the Lake San Marcos lifestyle with The Links at Lakehouse golf course, Brickmans, and Amalfi Cucina Italiana nearby, along with shopping and outdoor recreation at Discovery Lake and its surrounding trails. Optional membership at The Lodge offers access to pools, tennis, pickleball, and fitness amenities, subject to membership terms and availability.
Mortgage Calculator
Est. Monthly Payment
$7,867
Location
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Comparable Properties
5 comps foundThis Property
$3,990
Comp Average
$4,344

1793 Old Glen Street
3bd / 2.5ba · 1,989 sqft · Single Family
$1.25M
Est. $4,719/mo
1702 Kenwood Place
3bd / 2.5ba · 1,709 sqft · Single Family
$1.13M
Est. $4,286/mo
1530 Camino Linda Drive
3bd / 2ba · 1,700 sqft · Single Family
$1.20M
Est. $4,415/mo
1048 La Sombra Drive
3bd / 2.5ba · 2,041 sqft · Single Family
$1.40M
Est. $4,263/mo
1908 San Pablo Dr
3bd / 2ba · 1,627 sqft · Single Family
$1.50M
Est. $4,035/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
14 leases of 1–3 bed houses within 2 mi · $4,084–$4,782
Blended 50/50 with the zip's market median ($3,557)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$5,752/mo short at 20% down; 93% down or +$7,471/mo rent closes it.
- Break-even price
- $399,973
- Break-even rent
- $11,461/mo
- Cashflow at 35% down
- −$4,556/mo
- Down payment to break even
- 93%
- Rate to break even
- Not reachable
65% under asking
$7,471/mo above the estimate
$1,068,570 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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