3535 Linda Vista Drive
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3535 Linda Vista Drive #144

A

San Marcos, CA 92078

$259,900
NEW — 2d

Beds

2

Baths

2

Sqft

1,128

Year Built

1973

Days on Market

2

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

NDP2603133

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

Virtual Tour

About This Property

Welcome to this cute and affordable home located in a desirable 55+ resort-style community with city rent control and an abundance of amenities! This charming residence offers an exceptional value with no property taxes (home remains on HCD registration), making it an ideal option for cost-conscious buyers seeking comfort and lifestyle. Space rent is $700.73/month and is under city rent control, adding to the home’s long-term affordability. The home features an updated kitchen, along with major system upgrades including a newer roof (2021), newer A/C and furnace, and a newer 50-gallon water heater—providing peace of mind for years to come. Inside, you’ll find a light, bright, and cheerful interior that creates a warm and welcoming atmosphere throughout. Enjoy your morning coffee or unwind in the evenings on the screened-in porch, while the spacious backyard offers room for gardening, pets, or outdoor relaxation. Located in the highly sought-after Rancho Vallecitos community, residents enjoy a true resort lifestyle with beautifully maintained grounds, scenic views, and a vibrant social atmosphere. Amenities include a clubhouse, pool & spa, fitness center, library, billiards room, card and game rooms, craft room, putting green, dog park, and RV parking (available for an additional fee). Don’t miss this opportunity to own in one of Southern California’s most desirable manufactured home communities!

Mortgage Calculator

Est. Monthly Payment

$1,650

Principal & Interest$1,314
Property Tax$260
Insurance$76
%($51,980)
%

Location

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Investment Score

81A
Est. Monthly Rent
$1,689
Monthly Cashflow

Rent − PITIA

+$39
Full Cashflow

Incl. vacancy, PM, maint, capex

$-566

Mortgage (P+I)
$1,314
Cap Rate
3.45%
Cash-on-Cash
-13.07%
DSCR

Need ≥ 1.25 for DSCR loan

1.02
Break-even Rent
$2,424

NOI (Annual)
$8,977
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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