1442 La Linda Drive

1442 La Linda Drive

D

San Marcos, CA 92078

$1,299,000

Beds

2

Baths

2

Sqft

1,645

Year Built

1965

Days on Market

28

Property Type

Condo

HOA/mo

$208

MLS ID

260001683SD

Description

Refined waterfront living in this exquisitely renovated Lake San Marcos home featuring designer finishes & breathtaking sunset views from your own backyard. Thoughtfully curated to deliver a sophisticated yet relaxed lakeside lifestyle. This 2BR + optional 3rd BR/office, 2BA residence has been reimagined with fresh interior & exterior paint, raised ceilings in main living areas & a partially opened wall creating seamless flow between kitchen, dining & family room. The stunning new kitchen showcases marble countertops, extended storage & counter space, high-end appliances, new plumbing & water lines & recessed lighting; ideal for everyday living & elevated entertaining. Wide-plank wood-look tile flooring throughout, complemented by plush carpet in the 2nd bedroom. Designer lighting, ceiling fans, new baseboards, window casings & upgraded electrical enhance the refined aesthetic. Secondary bath has been remodeled with spa-inspired finishes. Garage features epoxy flooring & freshly painted walls. Enjoy a newly extended backyard with concrete slab, beach rock accents & added usable space;perfect for sunset dining or evening gatherings overlooking the water. Landscaping includes widened side access, new succulents & fresh mulch. New front gate & exterior lighting enhance curb appeal & privacy. Located in the coveted Lake San Marcos community offering pickleball courts, clubhouse, pool, championship golf course, restaurants, scenic walking trails & an unmatched resort-style lifestyle, minutes to shopping, dining & coastal access. Turnkey luxury at its finest.

Mortgage Calculator

Est. Monthly Payment

$8,454

Principal & Interest$6,568
Property Tax$1,299
Insurance$379
HOA$208
%($259,800)
%

Investment Score

0D
Est. Monthly Rent

HUD Fair Market Rent

$3,240
Monthly Cashflow
$-7,042

Mortgage (P+I)
$6,568
Cap Rate
-0.44%
Cash-on-Cash
-32.53%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.49
Break-even Rent
$10,023

NOI (Annual)
$-5,684
Price-to-Rent

Lower = better for investors

33.4

* Defaults: 20% down, 6.5% rate, 30yr.

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