1875 San Pablo

1875 San Pablo

D

San Marcos, CA 92078

$1,949,000

Beds

3

Baths

2

Sqft

2,075

Year Built

1964

Days on Market

100

Property Type

Single Family

HOA/mo

N/A

MLS ID

IV25259424

Description

Discover a rare opportunity to own a turnkey, completely renovated home in the heart of Lake San Marcos, one of North County’s most desirable waterfront communities. This exceptional property blends modern sophistication with relaxed lakeside living, offering a light-filled open-concept design that feels both spacious and inviting.From the moment you step inside, you’ll notice that no detail has been overlooked. High-end finishes, premium flooring, designer fixtures, and custom touches create a seamless flow throughout the home. The reimagined kitchen features elegant cabinetry, a large entertainer’s island, and top-tier appliances—perfect for gatherings or quiet mornings at home.The living area opens beautifully to the outdoors, allowing natural light to pour in and highlighting the home’s elevated sense of space. Each bedroom and bathroom has been thoughtfully updated with a modern, timeless aesthetic, giving the entire residence a fresh and luxurious feel.Located just steps out your backdoor to the lake, this community gives you restaurants, walking paths, and resort-style amenities with a rare $0 HOA, this home offers the perfect blend of serenity and convenience. Whether you’re downsizing, seeking a second home, or looking for a turnkey primary residence, this is a rare chance to enjoy elevated living in Lake San Marcos with nothing left to do but move in.Fully renovated. Open concept. Prime location. A true Lake San Marcos treasure.

Mortgage Calculator

Est. Monthly Payment

$12,373

Principal & Interest$9,855
Property Tax$1,949
Insurance$568
%($389,800)
%

Investment Score

0D
Est. Monthly Rent

Zillow Rent Zestimate

$4,629
Monthly Cashflow
$-10,432

Mortgage (P+I)
$9,855
Cap Rate
-0.36%
Cash-on-Cash
-32.12%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.47
Break-even Rent
$14,691

NOI (Annual)
$-6,922
Price-to-Rent

Lower = better for investors

35.1

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

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