
1401 El Norte Parkway #SPC 91
ASan Marcos, CA 92069
Beds
2
Baths
2
Sqft
1,544
Year Built
1971
Days on Market
3
Property Type
Manufactured
HOA/mo
$177
MLS ID
NDP2604055
This property is in San Marcos (92069). View neighborhood stats →
About This Property
Fantastic opportunity in the foothills of San Marcos! This 2-bedroom, 2-bath home in 55+ Madrid Manor offers 1,544 esf and is ready for your vision. Built in 1971, this property presents a great chance to update and customize to your taste. Located in a land-owned community with low HOA fees, residents enjoy a well-maintained setting with access to a variety of amenities and social activities. Madrid Manor is a land-owned 55+ community of approximately 330 manufactured homes featuring resort-style amenities including a clubhouse with kitchen and dining space, pool and spa, fitness and aerobics rooms, card and library rooms, billiards, shuffleboard, tennis with pickleball courts, mini golf, walking paths, and scenic water features. The community also offers an active social calendar with organized events, clubs, and gatherings, plus RV parking availability. Multiple financing options may be available. Schedule your private showing today.
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Est. Monthly Payment
$2,081
Location
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Comparable Properties
4 comps foundThis Property
$1,950
Comp Average
$2,476

1401 El Norte Parkway
2bd / 2ba · 1,440 sqft · Manufactured
$370K
Est. $2,405/mo
1401 El Norte Pkwy
2bd / 2ba · 1,200 sqft · Manufactured
$360K
Est. $2,277/mo
1401 El Norte Parkway
3bd / 2ba · 1,200 sqft · Manufactured
$446K
Est. $2,799/mo
1401 El Norte Pkwy
2bd / 2ba · 1,440 sqft · Manufactured
$398K
Est. $2,422/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Rent − PITIA
Incl. vacancy, PM, maint, capex
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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