1175 La Moree Road
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1175 La Moree Road #53

B

San Marcos, CA 92078

$439,000
NEW — 2d

Beds

2

Baths

2

Sqft

1,760

Year Built

1978

Days on Market

2

Property Type

Manufactured

HOA/mo

$272

MLS ID

NDP2603944

This property is in San Marcos (92078). View neighborhood stats →

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About This Property

Updated corner-lot home in a highly desirable 55+ resident-owned (land-owned) community—no space rent and eligible for VA & Fannie Mae financing! This spacious three-section POST HUD manufactured home offers a well-designed floorplan with separate living and family rooms, ideal for both relaxing and entertaining.  The fully remodeled kitchen (2017) features a large island with bar seating, stainless steel appliances, and convenient pull-out drawers, opening seamlessly to an expansive family room with a wet bar.  Both bedrooms are generously sized and feature en-suite bathrooms, including a primary suite with dual sinks and a walk-in closet.  Recent upgrades include a newer roof, dual-pane windows, and fresh exterior paint.  Additional highlights include a large storage shed, lemon tree, and a prime location near guest parking and the community laundry room.  Low HOA of approximately $272/month includes water, trash, cable, and high-speed Spectrum internet.  Enjoy resort-style amenities including a clubhouse, pool, indoor spa, gym, library, billiards room, RV parking (subject to availability), and beautifully maintained greenbelts with picnic and BBQ areas.  Ideally located near shopping, dining, medical facilities, Costco, and Jack’s Pond Park & Nature Center, with convenient access to Highways 78 and I-15—offering both accessibility and a peaceful setting.

Mortgage Calculator

Est. Monthly Payment

$3,059

Principal & Interest$2,220
Property Tax$439
Insurance$128
HOA$272
%($87,800)
%

Location

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Investment Score

59B
Est. Monthly Rent
$2,556
Monthly Cashflow

Rent − PITIA

$-503
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,457

Mortgage (P+I)
$2,220
Cap Rate
2.09%
Cash-on-Cash
-19.91%
DSCR

Need ≥ 1.25 for DSCR loan

0.84
Break-even Rent
$4,448

NOI (Annual)
$9,159
Price-to-Rent

Lower = better for investors

14.3

* 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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