1175 La Moree Road
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1175 La Moree Road #52

A

San Marcos, CA 92078

$408,000
NEW — 0d

Beds

2

Baths

2

Sqft

1,440

Year Built

1978

Days on Market

0

Property Type

Manufactured

HOA/mo

$270

MLS ID

NDP2604991

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

Virtual Tour

About This Property

You own the land in beautiful La Moree Estates. Clean & exceptionally well-maintained home with vaulted ceilings, vinyl dual pane windows, ceiling fans & a large breezy porch. Nicely situated with morning sun and afternoon shade for year-round comfort. AC replaced in 2023, water heater & recirculating pump replaced in 2024, exterior paint in 2020, roof replaced in 2015. No carpet. Wood laminate & professionally installed tile floors throughout. Kitchen has a heavy-duty gas cooktop, built-in microwave, skylight, pantry & a lovely tiled backsplash. 2 primary bedrooms - each with a walk-in shower for comfort & accessibility. Perfect layout for caregiver, roommate, or multi-gen family. Huge laundry room with copious amounts of storage, large bedroom closets & a big shed for all your stuff. Attractive low maintenance landscape with stamped concrete patio & poured concrete walkways for safety & durability. Newer exterior paint. Upgraded block skirting, raised flower bed & brick stairs at the front porch, with real wood stairs at the side door. Extra wide driveway with room for 3 cars and electric car charger. Located on a quiet cul-de-sac near guest parking. Low HOA of $280 per month includes all amenities, trash, water, cable & internet! This is a wonderful community for active seniors with friendly neighbors, fun activities, pool, indoor spa, clubhouse with incredible views & areas to relax, mature landscaping, picnic & BBQ area. Community RV parking available. Near shopping, restaurants, medical facilities, Costco, & Jack's Pond Park & Nature Center. Unlike homes built prior to 6/15/1976, this is a post-HUD home built to national construction and safety standards, brand new permanent foundation with 433A, eligible for Conventional & VA financing. Even if you are paying cash, this is an important feature for resale value or reverse mortgage option in the future. This home has so much value for the price. Come see it today!

Mortgage Calculator

Est. Monthly Payment

$2,860

Principal & Interest$2,063
Property Tax$408
Insurance$119
HOA$270
%($81,600)
%

Location

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Investment Score

67A
Est. Monthly Rent
$2,574
Monthly Cashflow

Rent − PITIA

$-286
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,218

Mortgage (P+I)
$2,063
Cap Rate
2.49%
Cash-on-Cash
-17.91%
DSCR

Need ≥ 1.25 for DSCR loan

0.90
Break-even Rent
$4,156

NOI (Annual)
$10,140
Price-to-Rent

Lower = better for investors

13.2

* 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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