1930 San Marcos Boulevard

1930 San Marcos Boulevard #244

D

San Marcos, CA 92078

$460,000

Soft Appraisal Value: $473,300 · 2.8% below estimate

Beds

2

Baths

2

Sqft

2,040

Year Built

1983

Days on Market

53

Property Type

Manufactured

HOA/mo

N/A

MLS ID

NDP2601338

Description

Welcome to this beautiful 2 bedroom, 2 bath home in the desirable Palomar Estates West. At approximately 2,040 square feet, this residence is one of the largest homes in the community. Vaulted ceilings in the living and dining areas enhance the open, airy feel and create an inviting sense of space. The expansive kitchen features wood cabinetry, granite countertops, and an island ideal for both everyday living and entertaining. Wood laminate flooring flows throughout the main living areas, with tile flooring in the bathrooms and laundry room for added durability and style. The spacious primary suite offers a walk-in closet and a well-appointed en-suite bathroom complete with a tub, shower, and dual vanity. The secondary bedroom is currently set up as a home office with custom cabinetry and a built-in desk. Enjoy Southern California living at its finest with beautifully landscaped grounds and a large front and side patio, perfect for relaxing or entertaining outdoors. The property also includes two storage sheds for added convenience. Palomar Estates West is a desirable rent-controlled 55+/35+ senior community offering an array of amenities, including a clubhouse, pool, spa, fitness center, putting green, pickleball courts, and tennis courts. Ideally located just minutes from shopping, restaurants, golf courses, as well as our beautiful Carlsbad beaches. Please note that some photos have been virtually staged.

Mortgage Calculator

Est. Monthly Payment

$2,920

Principal & Interest$2,326
Property Tax$460
Insurance$134
%($92,000)
%

Investment Score

10D
Est. Monthly Rent
$2,659
Monthly Cashflow

Rent − PITIA

$-261
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,256

Mortgage (P+I)
$2,326
Cap Rate
2.79%
Cash-on-Cash
-16.38%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.91
Break-even Rent
$4,290

NOI (Annual)
$12,841
Price-to-Rent

Lower = better for investors

14.4

* 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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