55+ Resort Community
183-3535 Linda Vista Dr San Marcos, CA 92078
183-3535 Linda Vista Dr, San Marcos, CA, 92078
$449,900
For Sale
$449,900
Newer three-section 55+ home on a corner lot with 3 bedrooms, 2 bathrooms, and two covered porches.
Property Size1,856 SF
Price / SF$242.40
Days on Market43
Property Features for 183-3535 Linda Vista Dr
General Information
- Standard status
- Active
- Size
- 1,856 SF
- Property subtype
- Manufactured In Park
Listing agency
Leah Cole Realty
(760) 420-7531
Listed by
Leah Cole · License #01505337
(760) 420-7531
Source
Exprealty
Added: Jun 10 Updated: Jul 21 at 10:16PM Checked: Jul 22 at 7:16AM
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 Leah Cole Realty
Investment Insights
Based on property information with market context.
Welcome to a newer, three-section home in Rancho Vallecitos, a 55+ resort-style community known for its active social atmosphere and amenities. Set on a desirable corner lot, the residence offers an open-concept layout with an island kitchen, dining room, breakfast nook, and expansive living room. Interior features include drywall interior walls and two solar tubes for natural light. The primary suite includes a private retreat area, walk-in closet, dual-sink vanity, soaking tub, and a separate step-in shower. Additional highlights include a cozy corner wood-burning fireplace, two covered porches, and a large storage shed. The washer and dryer are negotiable with the right offer, and all other appliances are included.
The home is ideally located near the community clubhouse, pool, and spa, with access to numerous social activities and amenities. Rancho Vallecitos is owner-occupied and age-restricted (55+; a second resident may be 45+), with pet restrictions that apply.
Current space rent is $728.53 per month and is protected under city rent control. The community also provides access to a large dog park located down the street.
The home is ideally located near the community clubhouse, pool, and spa, with access to numerous social activities and amenities. Rancho Vallecitos is owner-occupied and age-restricted (55+; a second resident may be 45+), with pet restrictions that apply.
Current space rent is $728.53 per month and is protected under city rent control. The community also provides access to a large dog park located down the street.
Key Highlights
- 55+ resort‑style community corner‑lot home with approximately 1,856 SF, 3 bedrooms and 2 bathrooms
- Open‑concept layout with island kitchen, dining room, breakfast nook, and expansive living room
- Primary suite with private retreat area, walk‑in closet, dual‑sink vanity, soaking tub, and separate step‑in shower
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 | $59.0k | $31.80 |
| − Vacancy | −$3.0k | −$1.59 |
| EGI | $56.1k | $30.21 |
| − OpEx | −$25.2k | −$13.59 |
| NOI | $30.8k | $16.62 |
1,856 SF · lease $31.80/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$440.5K
$385.5K – $514.0K
NOI $30,838 @ 7.0% cap · market cap 6.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$850.4K
$744.1K – $992.1K
NOI $59,525 @ 7.0% cap · market cap 13.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
Similar For Sale Nearby
FAQs
What type of property is this?
Mobile home & RV park - Newer three-section 55+ home on a corner lot with 3 bedrooms, 2 bathrooms, and two covered porches.
Where is this mobile home & rv park located?
The property is located at 183-3535 Linda Vista Dr San Marcos, CA.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: 55+ resort‑style community corner‑lot home with approximately 1,856 SF, 3 bedrooms and 2 bathrooms; Open‑concept layout with island kitchen, dining room, breakfast nook, and expansive living room; Primary suite with private retreat area, walk‑in closet, dual‑sink vanity, soaking tub, and separate step‑in shower
