3535 Linda Vista Drive
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3535 Linda Vista Drive #328

A

San Marcos, CA 92078

$299,000
NEW — 2d

Beds

2

Baths

2

Sqft

1,416

Year Built

1982

Days on Market

2

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

NDP2602806

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

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About This Property

Welcome to resort-style living in the highly desirable 55+ community of Rancho Vallecitos—offering city rent control and an exceptional lifestyle filled with amenities and social opportunities. This inviting home features vaulted ceilings, a drywall interior, and durable hard-surface flooring throughout, creating a bright and low-maintenance living environment. The spacious kitchen is equipped with stainless steel appliances, abundant cabinetry, and generous pantry storage. An oversized laundry room with built-in desk and cabinetry provides the ideal flex space for a home office, hobby area, or additional storage. Built-ins throughout the home ensure everything has its place. The primary suite offers a comfortable retreat with a walk-in closet and an ensuite bathroom featuring both a separate soaking tub and walk-in shower. A spacious guest bedroom adds flexibility for visitors or additional workspace. Step outside to enjoy a private covered patio set behind the front porch, along with a low-maintenance turf yard—perfect for relaxing or entertaining. A large storage shed adds even more convenience. Residents of Rancho Vallecitos enjoy access to a beautifully maintained, 5-star community featuring a clubhouse, pool and spa, fitness center, library, billiards room, game and craft spaces, putting green, dog park, and optional RV parking. With a current monthly space rent of $706.32 and the benefit of city rent control, this home offers both comfort and long-term value.

Mortgage Calculator

Est. Monthly Payment

$1,898

Principal & Interest$1,512
Property Tax$299
Insurance$87
%($59,800)
%

Location

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Investment Score

80A
Est. Monthly Rent
$1,944
Monthly Cashflow

Rent − PITIA

+$46
Full Cashflow

Incl. vacancy, PM, maint, capex

$-650

Mortgage (P+I)
$1,512
Cap Rate
3.46%
Cash-on-Cash
-13.05%
DSCR

Need ≥ 1.25 for DSCR loan

1.02
Break-even Rent
$2,788

NOI (Annual)
$10,341
Price-to-Rent

Lower = better for investors

12.8

* 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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