1768 Morgans Avenue

1768 Morgans Avenue

D

San Marcos, CA 92078

$795,000
NEW — 3d on market

Beds

2

Baths

2.5

Sqft

1,515

Year Built

2003

Days on Market

3

Property Type

Townhouse

HOA/mo

$431

MLS ID

260007102SD

View on MLS

Description

Tucked into the highly sought-after Morgan’s Corner community in the heart of San Elijo Hills, this beautifully upgraded end-unit townhome offers the kind of lifestyle people move here for. Picture morning walks along nearby trails, afternoons by the pool, and evenings surrounded by the charm and connection that define this vibrant neighborhood. Inside, the home feels bright, open, and effortlessly livable, with a seamless main level designed for both everyday ease and relaxed entertaining, plus an outdoor patio that creates easy indoor-outdoor living. The kitchen is both stylish and functional with updated finishes, a breakfast bar, and pantry, flowing naturally into the living and dining spaces. Upstairs, the spacious primary suite offers a peaceful place to unwind, complete with an updated bathroom featuring clean, modern finishes. The top-floor loft, currently used as a bedroom, offers incredible flexibility and can easily adapt to your lifestyle as a guest room, office, or bonus living space. As a quiet end-unit, the home enjoys added privacy, an attached two-car garage, and direct access to green space and scenic trails, all just moments from top-rated schools, shops, restaurants, and the everyday moments that make San Elijo living so special.

Mortgage Calculator

Est. Monthly Payment

$5,478

Principal & Interest$4,020
Property Tax$795
Insurance$232
HOA$431
%($159,000)
%

Investment Score

2D
Est. Monthly Rent
$3,326
Monthly Cashflow

Rent − PITI − HOA

$-2,152
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,579

Mortgage (P+I)
$4,020
Cap Rate
0.66%
Cash-on-Cash
-27.01%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.61
Break-even Rent
$7,975

NOI (Annual)
$5,286
Price-to-Rent

Lower = better for investors

19.9

* 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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