
3535 Linda Vista Drive #167
Atop 10%San Marcos, CA 92078Neighborhood: Business/Industrial District
Pass at asking: -$107/mo full cashflow at 20% down, 7.43% rate.
Works at $265,012 (5% under asking), or at 26% down.
Rent $2,643/mo: zip market median for this bed count.
Beds
2
Baths
2
Sqft
1,176
Year Built
1974
Days on Market
0
Property Type
Mfd/Mobile Home
HOA/mo
N/A
MLS ID
NDP2610137
This property is in San Marcos (92078). View neighborhood stats →
About This Property
Enjoy affordable resort-style living in the desirable 55+ community of Rancho Vallecitos! This inviting home offers several valuable upgrades, including a remodeled Kitchen, updated plumbing, and brand-new vinyl windows installed in November 2026! Additional improvements include a furnace and A/C replaced approximately 3 years ago, along with an updated Primary Bathroom featuring a newer vanity, shower doors, and toilet. The Guest Bedroom offers a convenient walk-in closet, while the private front porch and low-maintenance yard provide inviting spaces to relax and enjoy the beautiful Southern California weather. With low monthly space rent of just $740 and no local property taxes due to the home’s continued HCD registration, this is an exceptional opportunity for affordable living! Please note that the new windows were installed AFTER the listing photos were taken and are not reflected in the current photography. Rancho Vallecitos is a sought-after 55+ rent-controlled community (second resident may be 45+) known for its beautifully maintained grounds, scenic surroundings, and vibrant social atmosphere. Residents enjoy an impressive array of resort-style amenities, including a clubhouse, swimming pool and spa, fitness center, library, billiards room, card and game rooms, craft room, putting green, dog park, and RV parking available for an additional fee. Pet-friendly policies allow one small dog under 20 lbs and one indoor cat, OR two indoor cats, with prior management approval. Enjoy the perfect combination of comfort, community, and affordability in one of San Marcos’ most desirable 55+ neighborhoods!
Mortgage Calculator
Est. Monthly Payment
$1,910
Location
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Zoned Schools
Elementary
La Mirada Academy · grades K-8 · San Marcos Unified
Middle
La Mirada Academy · grades K-8 · San Marcos Unified
High
San Marcos High · grades 9-12 · San Marcos Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$2,643
Comp Average
$2,643

3535 Linda Vista Drive
2bd / 2ba · 1,248 sqft · Mfd/Mobile Home
$249K
Est. $2,643/mo
1286 Discovery St
2bd / 2ba · 1,344 sqft · Mfd/Mobile Home
$264K
Est. $2,643/mo

1145 Barham Drive
2bd / 2ba · 1,368 sqft · Mfd/Mobile Home
$300K
Est. $2,643/mo
1930 San Marcos Boulevard
2bd / 2ba · 1,344 sqft · Mfd/Mobile Home
$315K
Est. $2,643/mo
1930 San Marcos Boulevard
2bd / 2ba · 1,248 sqft · Mfd/Mobile Home
$350K
Est. $2,643/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Short-term not available here. San Marcos does not allow short-term rentals in residential zones. See the rules
Investment Score
Zip market median for this bed count
Thin data: no closed leases like this one nearby.
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$107/mo short at 20% down; 26% down or +$139/mo rent closes it.
- Break-even price
- $265,012
- Break-even rent
- $2,782/mo
- Cashflow at 35% down
- +$183/mo
- Down payment to break even
- 26%
- Rate to break even
- 6.72%
5% under asking
$139/mo above the estimate
$72,540 cash
at 20% down
Lower = better for investors
* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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