3535 Linda Vista Drive
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3535 Linda Vista Drive #149

A

San Marcos, CA 92078

$229,000
NEW — 1d

Beds

2

Baths

2

Sqft

1,200

Year Built

1972

Days on Market

1

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

NDP2606767

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

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About This Property

Panoramic Views! Enjoy spectacular North East views year-round and watch the 4th of July fireworks at Bradley Park from the comfort of your own home! This fixer-upper is attractively priced, offering the perfect opportunity to update and customize it to your own style while building equity.  Located in a highly desirable 55+ resort-style community with city rent control and an abundance of amenities, this home offers both lifestyle and value. Current space rent is just $719.26/month under city rent control, helping provide long-term affordability.  Additional features include newer A/C, a spacious primary suite with a dressing area, two closets, built-in storage, and an ensuite bathroom with dual sinks and a tub/shower combination.  Outdoor living is a highlight with a brick patio and two porches—including one screened-in porch—allowing you to take in the beautiful views from multiple vantage points.  A wheelchair ramp and storage shed add convenience and functionality.  Bring your vision and make this home your own!  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

$1,454

Principal & Interest$1,158
Property Tax$229
Insurance$67
%($45,800)
%

Location

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Investment Score

82A
Est. Monthly Rent
$1,489
Monthly Cashflow

Rent − PITIA

+$35
Full Cashflow

Incl. vacancy, PM, maint, capex

$-498

Mortgage (P+I)
$1,158
Cap Rate
3.46%
Cash-on-Cash
-13.05%
DSCR

Need ≥ 1.25 for DSCR loan

1.02
Break-even Rent
$2,136

NOI (Annual)
$7,916
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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