1401 El Norte Pkwy
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1401 El Norte Pkwy

A

San Marcos, CA 92069

$309,999
NEW — 2d

Soft Appraisal Value: $308,000 · 0.6% above estimate

Beds

2

Baths

2

Sqft

1,350

Year Built

1977

Days on Market

2

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

NP26008495

This property is in San Marcos (92069). View neighborhood stats →

About This Property

SPACE 264 Back on the market with a slight price adjustment, making this an even better opportunity to own in the desirable 55+ community of 1401 El Norte Pkwy in San Marcos! This inviting home offers bright living spaces, a functional layout, generous storage, and easy low-maintenance living. Residents enjoy a welcoming community atmosphere along with fantastic park amenities including a clubhouse, pool, spa, recreational activities, and beautifully maintained grounds designed for active and peaceful senior living. Conveniently located near shopping, dining, medical facilities, and freeway access, this is a wonderful opportunity to downsize, simplify, and enjoy comfortable community living at an exceptional value.

Mortgage Calculator

Est. Monthly Payment

$1,968

Principal & Interest$1,568
Property Tax$310
Insurance$90
%($62,000)
%

Location

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Investment Score

80A
Est. Monthly Rent
$2,015
Monthly Cashflow

Rent − PITIA

+$47
Full Cashflow

Incl. vacancy, PM, maint, capex

$-674

Mortgage (P+I)
$1,568
Cap Rate
3.46%
Cash-on-Cash
-13.05%
DSCR

Need ≥ 1.25 for DSCR loan

1.02
Break-even Rent
$2,891

NOI (Annual)
$10,719
Price-to-Rent

Lower = better for investors

12.8

* 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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