3535 Linda Vista Drive
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3535 Linda Vista Drive #183

A

San Marcos, CA 92078

$458,000
NEW — 0d

Beds

3

Baths

2

Sqft

1,856

Year Built

2009

Days on Market

0

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

NDP2605568

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

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About This Property

Welcome to Rancho Vallecitos, a highly sought-after 55+ resort-style community known for its active social atmosphere, outstanding amenities, and city rent control! Situated on a desirable corner lot, this newer three-section home offers approximately 1,856 square feet of comfortable living space with 3 bedrooms and 2 bathrooms.  The spacious floor plan features drywall interior walls, an open-concept island kitchen, dining room, breakfast nook, and expansive living room.  The generous primary suite includes a private retreat area, walk-in closet, dual-sink vanity, soaking tub, and separate step-in shower.  Additional features include a cozy corner wood-burning fireplace, two solar tubes that bring in abundant natural light, a large storage shed, and two covered porches for enjoying Southern California’s beautiful weather.  Enjoy peekaboo views of the mountains and city lights from your front porch! The Dryer and New Washer are negotiable with the right offer, and all other appliances are included.  Ideally located near the community clubhouse, pool, spa, and numerous social activities and amenities. Current space rent is $728.53 per month and is protected under city rent control. Rancho Vallecitos is owner-occupied and age-restricted (55+; second resident may be 45+). Pet restrictions apply, though residents enjoy access to a large community dog park located just down the street.  Don’t miss this opportunity to enjoy spacious, low-maintenance living in one of the area’s most welcoming and active communities!

Mortgage Calculator

Est. Monthly Payment

$2,907

Principal & Interest$2,316
Property Tax$458
Insurance$134
%($91,600)
%

Location

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Investment Score

77A
Est. Monthly Rent
$2,977
Monthly Cashflow

Rent − PITIA

+$69
Full Cashflow

Incl. vacancy, PM, maint, capex

$-997

Mortgage (P+I)
$2,316
Cap Rate
3.45%
Cash-on-Cash
-13.06%
DSCR

Need ≥ 1.25 for DSCR loan

1.02
Break-even Rent
$4,272

NOI (Annual)
$15,823
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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