3548 De Leone Rd, San Marcos, California 92069, San Marcos, 92069 - 2 bed, 1 bath
ACTIVE$650,000$827/sqft
3548 De Leone Rd, San Marcos, California 92069
2Beds
1Bath
827Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Extensive Recent Renovations: The property boasts significant upgrades completed in 2022, including a new roof, windows, AC, fully remodeled kitchen, new flooring, and an updated bathroom, offering a turn-key experience for buyers.
Top Cons:
Twin-Home Configuration / Sub-Type Discrepancy: While zoned as a single-family residence, its physical connection as a twin-home and listing as a 'Condominium' sub-type may not appeal to all buyers seeking a fully detached property or could cause confusion.
Compared to the nearby listings
Price:$650.0K vs avg $484.5K (+$165,500)91%
Size:827 sqft vs avg 908 sqft32%
Price/sqft:$786 vs avg $51595%
More Insights
Built in 1972 (54 years old).
Condition: Despite being built in 1972, this property underwent extensive renovations in 2022, including a new roof, windows, AC, fully remodeled kitchen, new flooring, and an updated bathroom. The kitchen features modern white shaker cabinets, stainless steel appliances, and clean countertops. The bathroom is also updated with contemporary fixtures. All major components are new or virtually new, meeting current quality standards, making it a turn-key property.
Year Built
1972
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$786
HOA
$90
Days on market
-
Sold On
-
MLS number
2600222SD
Home ConditionExcellent
Features
Good View:
Patio
View-
About this home
Lovely home in North county San Diego. Check out this sweet deal with a large, serene backyard offering mountain views and exceptional privacy. This twin-home is connected only at the single-car garage and is zoned as a single-family residence making financing a breeze! Extensive upgrades completed in 2022 include a new roof, new windows, new AC,a fully remodeled kitchen, new flooring, and an updated bathroom. Full sized w/d and Super low HOA at $90 annually! Currently used as a successful short-term rental generating approximately $5,000 per month. Located in a convenient San Marcos location close to shopping, dining, freeway access, the university, and more. A great opportunity for a first-time buyer or an investor seeking a turn-key property.
K
Keke Jones
Listing Agent
Nearby schools
3/10
Alvin M. Dunn Elementary School
Public,•K-6•0.8mi
5/10
San Marcos Middle School
Public,•6-8•1.4mi
7/10
San Marcos High School
Public,•9-12•1.6mi
Price History
Date
Event
Price
09/21/22
Sold
$550,000
09/21/12
Sold
$106,000
Condition Rating
Excellent
Despite being built in 1972, this property underwent extensive renovations in 2022, including a new roof, windows, AC, fully remodeled kitchen, new flooring, and an updated bathroom. The kitchen features modern white shaker cabinets, stainless steel appliances, and clean countertops. The bathroom is also updated with contemporary fixtures. All major components are new or virtually new, meeting current quality standards, making it a turn-key property.
Pros & Cons
Pros
Extensive Recent Renovations: The property boasts significant upgrades completed in 2022, including a new roof, windows, AC, fully remodeled kitchen, new flooring, and an updated bathroom, offering a turn-key experience for buyers.
Proven Income-Generating Asset: Currently operating as a successful short-term rental, generating approximately $5,000 per month, making it an attractive investment opportunity with established cash flow.
Extremely Low HOA Fees: With a super low annual HOA fee of just $90, the property offers significantly reduced ongoing ownership costs, enhancing its financial appeal.
Strategic & Convenient Location: Located in a desirable San Marcos area, providing convenient access to shopping, dining, freeway, and the university, appealing to a broad range of potential residents or renters.
Favorable Financing & Privacy: Zoned as a single-family residence despite being a twin-home (connected only at the single-car garage), which simplifies financing, complemented by a large, serene backyard with mountain views and exceptional privacy.
Cons
Twin-Home Configuration / Sub-Type Discrepancy: While zoned as a single-family residence, its physical connection as a twin-home and listing as a 'Condominium' sub-type may not appeal to all buyers seeking a fully detached property or could cause confusion.
Compact Living Space: At 827 square feet, the property offers relatively limited living space, which might be a constraint for larger households or those desiring more expansive interiors.
Single Bathroom Layout: The presence of only one bathroom for a two-bedroom home could be a functional limitation or inconvenience for multiple occupants or guests.