3924 Grandon
Btop 30%San Marcos, CA 92078Neighborhood: Business/Industrial District
Pass at asking: -$3,172/mo full cashflow at 20% down, 7.43% rate.
Works at $385,924 (52% under asking), or at 78% down.
Rent $3,850/mo from 10 leases of 3-bed houses within 2 mi ($3,117–$3,965).
Beds
3
Baths
2
Sqft
1,232
Year Built
1961
Days on Market
46
Property Type
Single Family
HOA/mo
N/A
MLS ID
260023094SD
This property is in San Marcos (92078). View neighborhood stats →
About This Property
3924 Grandon Ave is a one-story San Marcos home built in 1961 with 1,192 square feet, three bedrooms and two bathrooms in the main home. The living room connects to a dining area with sliding doors to the rear patio. The kitchen features white cabinetry, a gas range, a vent hood and a window above the sink. The primary bedroom has an adjoining bathroom with a separate shower, while two additional bedrooms share a hall bathroom with a tub-and-shower combination. Laundry space and a broad driveway add utility. A covered patio, paved outdoor areas and established palms extend the living space outdoors.
Mortgage Calculator
Est. Monthly Payment
$5,471
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
4 comps foundThis Property
$3,850
Comp Average
$3,092
3949 Grandon
3bd / 1.5ba · 1,232 sqft · Single Family
$750K
Est. $3,533/mo
2010 San Marcos Boulevard
2bd / 2ba · 1,288 sqft · Manufactured
$619K
Est. $2,643/mo
2010 San Marcos Blvd
2bd / 2ba · 1,488 sqft · Manufactured
$635K
Est. $2,643/mo
910 La Fiesta Lane
2bd / 2ba · 1,328 sqft · Single Family
$835K
Est. $3,550/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
10 leases of 3-bed houses within 2 mi · $3,117–$3,965
Blended 50/50 with the zip's market median ($4,319)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,172/mo short at 20% down; 78% down or +$4,120/mo rent closes it.
- Break-even price
- $385,924
- Break-even rent
- $7,970/mo
- Cashflow at 35% down
- −$2,340/mo
- Down payment to break even
- 78%
- Rate to break even
- Not reachable
52% under asking
$4,120/mo above the estimate
$623,220 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
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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