1320 Palomar Place
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1320 Palomar Place

Atop 10%

Vista, CA 92084

$565,000
STR: check · HOA rules unknown · TOT 10%

HOA rules unknown: an HOA can ban stays under 30 days (Civ. Code §4741), and no permit on file shows this one allows them. Get the CC&Rs.

Pass at asking: -$2,006/mo full cashflow at 20% down, 7.36% rate.

Works at $302,562 (46% under asking), or at 72% down.

Rent $3,600/mo from 11 leases of 2–4 bed condos & townhomes within 2 mi ($3,484–$3,921).

Beds

3

Baths

2

Sqft

1,396

Year Built

1989

Days on Market

47

Property Type

Condo

HOA/mo

$460

MLS ID

NDP2608991

This property is in Vista (92084). Browse neighborhood analytics →

Virtual Tour

About This Property

Welcome to 1320 Palomar Place, where style, comfort, and an exceptional North County lifestyle come together. This beautifully refreshed 3-bedroom, 2-bath residence offers approximately 1,396 square feet of thoughtfully designed living space with an inviting floor plan ideal for both everyday living and entertaining. At the heart of the home is a beautifully remodeled kitchen featuring elegant quartz countertops and a fresh, contemporary aesthetic. All appliances are included, making this home truly move-in ready. New carpet and attractive laminate flooring complement the interiors, creating a warm and sophisticated atmosphere throughout. Step outside to your own quiet backyard retreat, an intimate and peaceful setting perfect for morning coffee, al fresco dining, gardening, or simply unwinding at the end of the day. A detached two-car garage provides convenient parking along with valuable additional storage. Residents enjoy desirable community amenities, including a sparkling pool, relaxing spa, and beautifully maintained common grounds. Ideally situated near shopping, dining, parks, entertainment, and major commuter routes, the home also offers convenient access to Carlsbad, Oceanside, North County beaches, and an array of coastal recreation. 1320 Palomar Place offers an exceptional opportunity to enjoy the best of Southern California living.

Mortgage Calculator

Est. Monthly Payment

$4,307

Principal & Interest$3,117
Property Tax$565
Insurance$165
HOA$460
%($113,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Monte Vista Elementary · grades K-5 · Vista Unified

  • Middle

    Roosevelt Middle · grades 6-8 · Vista Unified

  • High

    Vista High · grades 9-12 · Vista Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

59A
Est. Monthly Rent
$3,600

11 leases of 2–4 bed condos & townhomes within 2 mi · $3,484–$3,921

Blended 50/50 with the zip's market median ($3,581)

Monthly Cashflow

Rent − PITIA

-$707
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,006

What would make this work?

$2,006/mo short at 20% down; 72% down or +$2,605/mo rent closes it.

Break-even price

46% under asking

$302,562
Break-even rent

$2,605/mo above the estimate

$6,205/mo
Cashflow at 35% down
−$1,422/mo
Down payment to break even

$406,800 cash

72%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,117
Cap Rate
2.74%
Cash-on-Cash
-21.30%
DSCR

Need ≥ 1.25 for DSCR loan

0.84

NOI (Annual)
$15,494
Price-to-Rent

Lower = better for investors

13.1

* Modelled at 20% down, 7.36% 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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ACashflow−$2,006/mo