3535 Linda Vista Drive
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3535 Linda Vista Drive #148

A

San Marcos, CA 92078

$475,000
NEW — 1d

Beds

2

Baths

2

Sqft

1,536

Year Built

1972

Days on Market

1

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

NDP2605017

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

Virtual Tour

About This Property

STUNNING VIEWS! Welcome to your Rancho Vallecitos dream home! This beautifully updated, open-concept home offers the best of both worlds - the affordability of a mobile home on registration costing less than $100 per year in lieu of property taxes with all the perks of a new home. You’ll enjoy peace of mind with the many BRAND NEW features including new air conditioner, kitchen appliances including a beverage cooler, quartz countertops, cabinets, an additional bonus flex room that can serve as an office, HUGE walk-in pantry and laundry room, walk-in closet, new drywall, showers, tub, fresh interior and exterior paint, luxury vinyl flooring, an updated foundation with new piers, pads and releveled with subfloor that’s been double reinforced with plywood sheeting to add to the sturdiness of the home, dual-pane windows, recessed lighting, a new metal roof, and so much more. Perfect for entertaining or relaxing, the home’s indoor/outdoor space flows right into a great deck and extensively upgraded yard ready for you to enjoy the stunning views with high end steel cable railings, custom landscaping, new drip irrigation, newly poured patio, DG, steps, high-end Mexican beach pebble, and pergola. With a rebuilt deck with ramp and new railings, this turnkey outdoor space offers a modern look, minimal maintenance, and a setting that definitely stands out in the park. The community itself is packed with amazing amenities like a luxurious pool with scenic views, a spacious clubhouse hosting various social activities, a dog park, fitness center, RV/boat parking area, car wash station, and more! Conveniently located near the 78 freeway, shopping, dining, Sunset Park, Bradley Park, Lake San Marcos, and just a short drive to the coast, this home has it all and it’s only $823 per month for space rent. Don’t miss your chance to call this gem yours!

Mortgage Calculator

Est. Monthly Payment

$3,015

Principal & Interest$2,402
Property Tax$475
Insurance$139
%($95,000)
%

Location

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Investment Score

63A
Est. Monthly Rent
$2,547
Monthly Cashflow

Rent − PITIA

$-469
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,451

Mortgage (P+I)
$2,402
Cap Rate
2.40%
Cash-on-Cash
-18.32%
DSCR

Need ≥ 1.25 for DSCR loan

0.84
Break-even Rent
$4,431

NOI (Annual)
$11,416
Price-to-Rent

Lower = better for investors

15.5

* 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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