3227 Oleander Avenue

3227 Oleander Avenue

C

San Marcos, CA 92078

$1,549,000
NEW — 1d

Beds

4

Baths

3

Sqft

2,434

Year Built

1978

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2606837

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

About This Property

Spectacular like-new home in San Marcos! Welcome to this fully remodeled single-level home on over half an acre, offering 4 bedrooms, 3 bathrooms, and 2 offices within the San Marcos Unified School District. Enter through the handcrafted door into an open floor plan with new luxury vinyl flooring, designer paint, and upgraded finishes throughout. The living room includes a beautiful white oak media cabinet and large picture windows that fill the home with light. The kitchen features quartz countertops, new smart appliances, recessed lighting, and floating white oak shelving. The primary suite is a retreat of its own. It includes a spacious walk-in closet, a private sliding door to its own outdoor sitting area, and a bathroom with a soaking tub, double vanity, curated stone countertops, and a walk-in shower with pebble flooring. Three additional bedrooms and two offices offer built-in desk space, thoughtful shelving, and generous closets. Step outside to a true resort-style backyard: a freshly resurfaced sparking pool and spa, an outdoor fireplace, a pizza oven, and a built-in BBQ. Mature trees provide shade and privacy, while an oversized shed with a bonus room and attic adds flexible space. There's even room for an RV, boat, or future ADU. Additional upgrades include a thermo pump, new roof, owned solar, new HVAC, and a Tesla charging station. This home has it all! Located minutes from shopping, restaurants, top-rated San Marcos schools, and a quick drive to the coast, making this home North County living at its best.

Mortgage Calculator

Est. Monthly Payment

$9,833

Principal & Interest$7,833
Property Tax$1,549
Insurance$452
%($309,800)
%

Investment Score

7D
Est. Monthly Rent
$5,422
Monthly Cashflow

Rent − PITIA

$-4,412
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,949

Mortgage (P+I)
$7,833
Cap Rate
0.68%
Cash-on-Cash
-26.92%
DSCR

Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$14,447

NOI (Annual)
$10,597
Price-to-Rent

Lower = better for investors

23.8

* 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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