215 Westlake Drive 2

215 Westlake Drive 2

B

San Marcos, CA 92069

$499,000

Beds

2

Baths

3

Sqft

931

Year Built

1987

Days on Market

Property Type

Condo

HOA/mo

$445

MLS ID

NDP2606809

This property is in San Marcos (92069). View neighborhood stats →

About This Property

Welcome to 215 Westlake Dr #2, a bright and beautifully appointed residence that perfectly balances modern comfort with a vibrant, active lifestyle. This two-story home features a thoughtful layout with two spacious bedrooms and two and a half bathrooms, designed to make everyday living feel effortless. At the heart of the home, the kitchen shines with sleek granite countertops ample prep and cabintet space, pantry, and flowing naturally into the living areas. When it’s time to head outdoors, the spacious private patio offers a fantastic spot for morning coffee or dining under the stars. The primary suite serves as a true retreat, complete with a generous walk-in closet and a private en-suite bathroom. Step through the sliding doors onto your own personal balcony—the perfect place to catch a breeze and unwind at the end of the day.Other features include; 2 dedicated parking spot at the front of the unit, and dedicated closet for washer/dryer. Living here means more than just a beautiful home; it’s about the amenities. The community offers a sparkling pool for those warm California afternoons, a recreation and workout room to keep you moving, and tennis courts for a bit of friendly competition. Whether you’re looking for a peaceful sanctuary or a home base for your active routine, this San Marcos gem delivers it all.

Mortgage Calculator

Est. Monthly Payment

$3,613

Principal & Interest$2,523
Property Tax$499
Insurance$146
HOA$445
%($99,800)
%

Investment Score

44C
Est. Monthly Rent
$2,650
Monthly Cashflow

Rent − PITIA

$-963
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,989

Mortgage (P+I)
$2,523
Cap Rate
1.29%
Cash-on-Cash
-23.91%
DSCR

Need ≥ 1.25 for DSCR loan

0.73
Break-even Rent
$5,233

NOI (Annual)
$6,416
Price-to-Rent

Lower = better for investors

15.7

* 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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