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Renovated Residential Income Property
For Lease
$419,000

138-650 S Rancho Santa Fe Rd, San Marcos, CA 92078

Updated two-bedroom residence with landscaped yards, private outdoor areas, and access to extensive community amenities.

Space SizeContact for details
Days on Market168

Property Features for 138-650 S Rancho Santa Fe Rd

General Information

Standard status Active
Property subtype Manufactured In Park

Units

Unit Mix 1 x 2BR/2BA
Multifamily Units 1

Additional Details

HOA Fee $685
Utilities to Site Yes

Amenities

porch
patio
garden
pool
tennis courts
club house
pickleball
putting green
lawn bowling
picnic area
Listing Agency: ERA Ranch & Sea Realty
Listed By: OB Juncal
Source: Exprealty
Added: Apr 9 Changed: Sep 12 Last Checked: Sep 22 at 8:52PM

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 ERA Ranch & Sea Realty

Investment Insights

Based on property information with market context.

This 1,776-square-foot, two-bedroom, two-bath residence occupies a gently sloping corner lot within a landscaped community. Interior improvements include formal and family living areas, a den or office, an open kitchen, and a remodeled bathroom with quartz counters, abundant cabinetry, and a claw-foot tub. The primary bedroom includes an oversized closet and direct access to a private patio.

Outdoor features include a hardwood porch, front, rear, and side yards, multiple patios, and established plantings such as citrus, avocado, fig, succulents, and plumeria. The community offers pickleball, tennis courts, a pool, lawn bowling, a putting green, picnic space, a clubhouse, and organized events. Shopping, banking, and restaurants are within walking distance, while Carlsbad, Encinitas, Vista, and Escondido are a short drive away. The property has no property tax; water, trash, and sewer are included with the monthly space fee.

Key Highlights

  • 1,776‑square‑foot residence with 2 bedrooms and 2 bathrooms
  • Gently sloping corner lot with front, rear, and side landscaping
  • Hardwood porch, multiple patios, and a private primary‑bedroom patio

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Law Firm Locksmith Butcher Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,122
Businesses Nearby

Demographics for 92078, CA

52,347
Population
19,249
Households
2.7
Avg Household Size
39
Median Age
48%
College-Educated
92%
High-School Grad
16.7 sq mi
ZIP Area
3,135
Density / Sq Mi
$114,905
Median Household Income
$55,060
Median Earnings
$2,468
Median Rent
$874,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Updated two-bedroom residence with landscaped yards, private outdoor areas, and access to extensive community amenities.
Where is this residential income property located?
The property is located at 138-650 S Rancho Santa Fe Rd San Marcos, CA.
What is the lease rate?
The lease rate is $419,000.
What are key features of this property?
This property features: 1,776‑square‑foot residence with 2 bedrooms and 2 bathrooms; Gently sloping corner lot with front, rear, and side landscaping; Hardwood porch, multiple patios, and a private primary‑bedroom patio
More about this property
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