893 Via La Venta
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893 Via La Venta

Ctop 80%

San Marcos, CA 92069Neighborhood: College Area

$1,045,000
NEW — 0d

Pass at asking: -$4,816/mo full cashflow at 20% down, 7.49% rate.

Works at $420,608 (60% under asking), or at 86% down.

Rent $4,341/mo from 11 leases of 3-bed houses within 2 mi ($4,363–$4,933).

Beds

3

Baths

3.5

Sqft

2,479

Year Built

2007

Days on Market

0

Property Type

Single Family

HOA/mo

$98

MLS ID

NDP2610043

This property is in San Marcos (92069). View neighborhood stats →

Virtual Tour

About This Property

Welcome to Rancho Santalina! Nestled in a quiet cul-de-sac, this exceptional two-story residence boasts a generous floor plan and expansive backyard, featuring one of the most flexible layouts in the neighborhood. The bright living area, dining room, and open family room are accented by coastal-inspired luxury wide-plank flooring. In the kitchen, you'll discover an eat-at island, ample cabinetry and prep space, and a convenient walk-in pantry. South-facing windows flood the kitchen and living space with an abundance of natural light throughout the day. The unique lot shape creates a private backyard sanctuary, complete with substantial side yards ideal for extra storage, garden beds, or outdoor play setups. Freshly updated landscaping features a new paver patio directly off the home, an additional custom paver pad designed for a fire pit or pergola, refreshed sod, and an efficient irrigation system. Upstairs, the home continues to showcase its versatile layout with 3 bedrooms + loft and 3 full bathrooms. Two secondary bedrooms frame a comfortable loft that can easily serve as a home office, media area, or playroom, or even be framed in as a fourth bedroom. A full bathroom with dual sinks sits near the dedicated laundry room, while the second guest room enjoys its own private en-suite bath with a full tub. Serving as a private retreat, the primary suite extends across the entire south side of the upper level. It highlights a remarkably spacious bedroom, a bath with dual vanities, a separate soaking tub and glass shower, and a oversized walk-in closet with room to spare. This move-in-ready property is complete with a two-car garage, classic tile roof, premium cul-de-sac position, and an enviable location under 20 minutes from some of San Diego County's finest coastal beaches.

Mortgage Calculator

Est. Monthly Payment

$7,288

Principal & Interest$5,840
Property Tax$1,045
Insurance$305
HOA$98
%($209,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Joli Ann Leichtag Elementary · grades K-5 · San Marcos Unified

  • Middle

    San Marcos Middle · grades 6-8 · 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.

Short-term not available here. San Marcos does not allow short-term rentals in residential zones. See the rules

Investment Score

16C
Est. Monthly Rent
$4,341

11 leases of 3-bed houses within 2 mi · $4,363–$4,933

Blended 50/50 with the zip's market median ($4,032)

Monthly Cashflow

Rent − PITIA

-$2,947
Full Cashflow

Incl. vacancy, PM, maint, capex

-$4,816

What would make this work?

$4,816/mo short at 20% down; 86% down or +$6,255/mo rent closes it.

Break-even price

60% under asking

$420,608
Break-even rent

$6,255/mo above the estimate

$10,596/mo
Cashflow at 35% down
−$3,721/mo
Down payment to break even

$898,700 cash

86%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$5,840
Cap Rate
1.42%
Cash-on-Cash
-27.65%
DSCR

Need ≥ 1.25 for DSCR loan

0.60

NOI (Annual)
$14,889
Price-to-Rent

Lower = better for investors

20.1

* Modelled at 20% down, 7.49% 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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CCashflow−$4,816/mo