3535 Linda Vista Drive
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3535 Linda Vista Drive #130

A

San Marcos, CA 92078

$320,000
NEW — 2d

Beds

3

Baths

2

Sqft

1,440

Year Built

1973

Days on Market

2

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

NDP2602890

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

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About This Property

Updated VIEW Home with NO Property Taxes in Premier 55+ Resort Community! Enjoy elevated living in this beautifully maintained home located in a rent-controlled, resort-style community—plus the added benefit of HCD registration in lieu of traditional property taxes. This inviting residence features a desirable split-bedroom floor plan, offering privacy between the spacious primary suite and two guest bedrooms. The primary suite includes a walk-in closet for added comfort and convenience. Recent upgrades include a new stove, furnace, and thermostat, while many windows have been updated to vinyl dual pane for improved efficiency and natural light. Step outside to a low-maintenance yard with turf in the backyard and a drip irrigation system—perfect for easy outdoor enjoyment. Located in the highly sought-after Rancho Vallecitos community, residents enjoy access to exceptional amenities including a clubhouse, pool & spa, fitness center, library, billiards room, game and craft rooms, putting green, dog park, and more. A vibrant social calendar and scenic surroundings complete the resort lifestyle. Space rent is $740 and subject to city rent control.

Mortgage Calculator

Est. Monthly Payment

$2,031

Principal & Interest$1,618
Property Tax$320
Insurance$93
%($64,000)
%

Location

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Investment Score

80A
Est. Monthly Rent
$2,080
Monthly Cashflow

Rent − PITIA

+$49
Full Cashflow

Incl. vacancy, PM, maint, capex

$-696

Mortgage (P+I)
$1,618
Cap Rate
3.46%
Cash-on-Cash
-13.05%
DSCR

Need ≥ 1.25 for DSCR loan

1.02
Break-even Rent
$2,984

NOI (Annual)
$11,063
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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