
3350 Descanso Ave.
Dbottom 20%San Marcos, CA 92078Neighborhood: Business/Industrial District
Pass at asking: -$10,513/mo full cashflow at 20% down, 7.49% rate.
Works at $437,112 (76% under asking); even all cash loses money at asking.
Rent $4,378/mo from 14 leases of 3–5 bed houses within 2 mi ($3,994–$4,405).
Beds
4
Baths
3
Sqft
2,023
Year Built
1974
Days on Market
44
Property Type
Single Family
HOA/mo
N/A
MLS ID
260023006SD
This property is in San Marcos (92078). View neighborhood stats →
About This Property
Your Oasis awaits! This charming 3 bedroom, 2 bath house with a 2-car garage/shop gives you approximately 1,511 sq. ft. of living space to call home. Sitting on just over half of an acre, this home comes complete with an amazing Casita. The Casita (ADU) is equally amazing and completely ready for your family members or income producing opportunity, boasting 512 sq. ft., 1 bedroom and 1 full bath with an amazing kitchen. Both of these beautifully kept homes are move-in ready. Most of the big-ticket items are already done! To name a few, there is an updated HVAC, newer windows and they have been fully remodeled. And if you’re not enjoying time indoors, the huge yard is simply waiting for you. There is a half an acre, fully fenced property, with an electric security gate. Here you are free to let your children run and play, while you lounge by the fire pit or exercise your green thumb in the small but established fruit tree orchard. If you’re an animal lover there is also a chicken hotel, just waiting for new residents and there is plenty of room to bring in a horse or two. This is the perfect house whether you’re into just watching your chickens mill about, walking your horses or enjoying the simple sounds of children playing. We invite you to lounge about in the private backyard, because this is the one.
Mortgage Calculator
Est. Monthly Payment
$12,384
Location
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Zoned Schools
Elementary
Joli Ann Leichtag Elementary · grades K-5 · San Marcos Unified
Middle
San Marcos Middle · grades 6-8 · San Marcos Unified
High
San Marcos High · grades 9-12 · San Marcos Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$4,378
Comp Average
$4,733
1578 Chert Dr.
4bd / 3ba · 2,022 sqft · Single Family
$1.20M
Est. $5,017/mo

1793 Old Glen Street
3bd / 2.5ba · 1,989 sqft · Single Family
$1.25M
Est. $4,719/mo
1225 San Pablo Drive
3bd / 2.5ba · 2,275 sqft · Single Family
$1.40M
Est. $4,814/mo
1048 La Sombra Drive
3bd / 2.5ba · 2,041 sqft · Single Family
$1.40M
Est. $4,263/mo
1454 La Plaza Drive
3bd / 2ba · 2,046 sqft · Single Family
$1.94M
Est. $4,852/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Short-term not available here. San Marcos does not allow short-term rentals in residential zones. See the rules
Investment Score
14 leases of 3–5 bed houses within 2 mi · $3,994–$4,405
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$10,513/mo short at 20% down; +$13,653/mo rent closes it.
- Break-even price
- $437,112
- Break-even rent
- $18,031/mo
- Cashflow at 35% down
- −$8,627/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
76% under asking
$13,653/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.49% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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