1930 San Marcos Boulevard
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1930 San Marcos Boulevard #204

A

San Marcos, CA 92078

$394,900

Soft Appraisal Value: $394,400 · 0.1% above estimate

Beds

2

Baths

2

Sqft

1,392

Year Built

1976

Days on Market

47

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

NDP2601068

This property is in San Marcos (92078). View neighborhood stats →

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About This Property

Spectacular Ocean Views, Stunning Sunsets & One of the Community's Premier Lots. Wake up to breathtaking ocean views and end each day with unforgettable sunsets from your own backyard. Situated on what is arguably one of the top 20 lots in the highly desirable 55+ community of Palomar Estates West, this beautifully maintained two-bedroom, two-bath home offers an exceptional combination of location, comfort, and outdoor living. One of the home's standout features is its rare, oversized backyard—approximately 45' x 25'—professionally landscaped and designed for entertaining, gardening, or simply relaxing while enjoying the refreshing coastal breezes. Additional highlights include a newer roof and exterior paint, both less than four years old, providing added peace of mind. The oversized storage room at the end of the carport offers endless possibilities as a workshop, craft room, fitness space, or abundant storage. A separate garden shed provides even more room for tools, gardening supplies, and outdoor equipment. The versatile California Room adds over 90 square feet of additional living space and is accessible from both the second bedroom and the exterior, making it perfect for hobbies, guests, or a relaxing retreat. Thoughtful details continue outside, where curved awning supports provide extra parking space, and convenient guest parking is located directly across the street. Palomar Estates West is a highly sought-after, five-star, rent-controlled 55+/35+ community. Residents enjoy an impressive array of resort-style amenities, including a beautiful clubhouse, swimming pool, spa, sauna, fitness center, billiards room, putting green, dog park, table tennis, tennis courts, and four dedicated pickleball courts. The community offers an active and welcoming lifestyle with monthly breakfasts, themed social events, craft fairs, meditation classes, clubs, and countless opportunities to connect with neighbors. Gated RV parking is also available for residents who need it. Ideally located just minutes from Lake San Marcos golf and dining, as well as the beaches, shopping, and restaurants of Carlsbad, this home offers the perfect blend of coastal living and vibrant community amenities. This isn't just a home—it's a lifestyle. Come experience why so many people love calling Palomar Estates West home.

Mortgage Calculator

Est. Monthly Payment

$2,507

Principal & Interest$1,997
Property Tax$395
Insurance$115
%($78,980)
%

Location

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Investment Score

77A
Est. Monthly Rent
$2,483
Monthly Cashflow

Rent − PITIA

$-24
Full Cashflow

Incl. vacancy, PM, maint, capex

$-924

Mortgage (P+I)
$1,997
Cap Rate
3.26%
Cash-on-Cash
-14.04%
DSCR

Need ≥ 1.25 for DSCR loan

0.99
Break-even Rent
$3,683

NOI (Annual)
$12,875
Price-to-Rent

Lower = better for investors

13.3

* 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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