
San Marcos, California 92069
This Turnkey Residential Income Property is a Strong Value Opportunity, listed at $699,000—positioned well below the $665,110 Fair Market Value by -5%. Featuring a Condition Rating of 2, this home offers modern upgrades including fully owned solar, an EV charger, and a renovated kitchen. Its No HOA/No Mello-Roos status enhances long-term affordability. Ideally located near San Marcos Unified schools, this property is a perfect fit for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready, high-efficiency asset with mountain views.
Property is new construction or fully renovated.
The property has undergone a comprehensive modern renovation within the last 5 years, featuring an expanded kitchen with quartz countertops, custom cabinetry, and updated bathrooms. Major systems including the roof and HVAC have been recently replaced, and the home includes modern upgrades like owned solar and an EV charger, making it move-in ready and mint condition.
The property features significant capital improvements including a new roof, HVAC system, fully owned solar panels, and an electric vehicle charger, providing immediate value and long-term utility savings.
The absence of monthly HOA fees and Mello-Roos assessments significantly lowers the total monthly carrying costs and increases the buyer's overall purchasing power.
A complete renovation featuring an open-concept layout, quartz countertops, custom cabinetry, and upgraded flooring makes this home move-in ready for owner-occupants or immediate rental.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 4.
With only 1,061 square feet of living space and two bedrooms, the property may be too small for growing families or buyers requiring a dedicated home office.
Despite the extensive modern renovations, the home was originally built in 1974, which may present inherent limitations in structural design or older underlying plumbing and electrical components compared to newer builds.
Welcome to this beautifully renovated San Marcos home, where modern upgrades meet Coastal living. The open-concept layout features upgraded flooring and an expanded kitchen with quartz countertops and custom white cabinetry. Major improvements include the roof, HVAC, garage door, fully owned solar, and an electric car charger. Step outside to an entertainer’s backyard surrounded by mature, fruit-bearing trees—perfect for gatherings or relaxing at home. No HOA. No Mello-Roos. Ideally located near highly rated schools, shopping, dining, parks, Highway 78, and I-15. Turnkey, upgraded, and move-in ready!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,061 | 1,483 |
| Lot Size | 3,700 | - |
| Price | $699.0K | $1.25M |
| Price per sq ft | $659 | $845 |
| Built year | 1974 | 1964 |
| HOA | $0 | $0 |
| Days on market | 24 | 67 |
Aug 16, 2026
$699,000
Initial Listing
Jun 23, 2025
$670,000
Public Record
Aug 30, 2019
$384,000
Public Record
Apr 8, 1999
$94,000
Public Record