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Residential Income Property

102-1286 Discovery St San Marcos, CA 92078

102-1286 Discovery St, San Marcos, CA, 92078
$260,000
For Sale
$260,000

Move-in ready residence that needs updates, with landscaping and solid underlying construction.

Property Size1,440 SF
Price / SF$180.56
Days on Market58

Property Features for 102-1286 Discovery St

General Information

Standard status
Active
Size
1,440 SF
Property subtype
Manufactured In Park
Listing agency Agnew's Residential & Invest.
Listed by James Agnew
Source Exprealty
Added: May 26 Updated: Jul 22 at 12:49PM Checked: Jul 22 at 12:49PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Agnew's Residential & Invest.


Investment Insights

Based on property information with market context.

This for-sale residential income property features a move-in ready home that’s described as having really good bones and nice landscaping, with the need for some updating. The seller notes it is suitable as a home for a single person or a couple.

The property is located at 102-1286 Discovery St in San Marcos, CA. The remarks also state that there are no property taxes, with a DMV license in place instead.

Please note that additional property details such as configuration, unit count, and any income or expense information are not provided in the available materials.

Key Highlights

  • Move‑in ready residence that needs some updating
  • Solid underlying construction described as having “really good bones”
  • Nice landscaping

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $45.8k $31.80
− Vacancy −$2.3k −$1.59
EGI $43.5k $30.21
− OpEx −$19.6k −$13.59
NOI $23.9k $16.62
1,440 SF · lease $31.80/SF/yr · vacancy 5.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$341.8K
$299.1K – $398.8K (±1% cap)
NOI $23,926 @ 7.0% cap · market cap 9.20%
Second Best
no second resolved use
Theoretical Best
Office A
$659.8K
$577.3K – $769.7K (±1% cap)
NOI $46,183 @ 7.0% cap · market cap 17.76%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Mobile home & RV ...

Suggested Use

HVAC Service Nail Salon Storage Facility Electrical Service Hair Salon Hotel & Motel (Bike/Boat/Book/etc) Store Spa & Massage Center (Bike/Boat/Book/etc) Store Building Supply

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mobile home & RV park - Move-in ready residence that needs updates, with landscaping and solid underlying construction.
Where is this mobile home & rv park located?
The property is located at 102-1286 Discovery St San Marcos, CA.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Move‑in ready residence that needs some updating; Solid underlying construction described as having “really good bones”; Nice landscaping
Contact an agent
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