Listed by: Blake Cory, eXp Realty of California, Inc.
$765,000
●
Condo -
Off Market
2232 Indus Way
San Marcos, CA 92078
3 Beds
3 Baths
1,253 Ft²
$3,960
Est. Monthly
$277
HOA / Fees
7.25%
Cap Rate
About This Property
Nestled in the highly desirable Old Creek Ranch, right by San Elijo
Hills, this beautifully upgraded end unit in the popular Solaire
neighborhood offers a perfect blend of modern touches and
convenience. The home features a bright and open concept living
space, complete with a stylishly remodeled kitchen boasting
stainless steel appliances, an eat-in bar, updated white cabinetry,
and quartz countertops. The inviting wood flooring, accent wall,
and updated lighting create a warm and contemporary atmosphere.
Additional highlights include a Control4 Smart Home System,
surround sound, and updated bathrooms. Enjoy the private balcony
and the resort-style community pool and spa. Zoned for top-rated
schools and conveniently close to everything, this turn-key home is
ready for you to move in and make it your own.
Unit Size
1,253 Ft²
Days on Market
75 days
Land Size
0.31 acres
Price per sqft
$599
Property Type
Condo
Property Taxes
-
HOA Dues
$277
Year Built
2013
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (CRMLS #SW24152689)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 14, 2024 | In contract | - | |
| In contract | |||
| Sep 8, 2024 | Price Decreased |
$749,990
↓ $9
(0%) | |
| Price Decreased | |||
| Sep 1, 2024 | Relisted | $749,999 | |
| Relisted | |||
Show More
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Concrete, Covered, Direct Access, Door Single, Garage Faces Front, Garage, Private
Garage Spaces: 2
Garage Spaces: 2
Has Attached Garage: Yes
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 3
Bedrooms on Main Level: 1
Full Bathrooms: 3
Bathrooms on Main Level: 1
Levels: ThreeOrMore
Interior Features: Breakfast Bar, Ceiling Fans, Eat In Kitchen, Quartz Counters, Walk In Closets
Appliances: Dishwasher, Gas Oven, Gas Range, Microwave
Flooring Type: Tile, Wood
Living Area Square Feet Source: Assessor
Laundry Features: Inside
None
Exterior Details
Year Built: 2013
Parcel Number: 2236515207
Home Type: Residential
Structure Type: Quadruplex
Roof: Tile
Spa Features: Community, In Ground
Pool Features: Community, In Ground, Association
Lot Size Source: Assessor
Lot Size Acres: 0.3129
Elevation Units: Feet
Utilities Details
Cooling Type: Central Air
Location Details
Association Amenities: Pool, Spa Hot Tub
Association Fee: $277
Association Fee Frequency: Monthly
Community Features: Curbs, Street Lights, Suburban, Sidewalks, Pool
High School: San Marcos
High School District: San Marcos Unified
Directions: Fr San Elijo Rd, R on Northstar Way, R on Cosmo Way, R on Indus Way
Other Details
Listing Terms: Cash, Conventional, FHA, VaLoan
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/20/2026
| |
3 Bed
|
3 Bath
|
1253 ft²
|
$785,000
3 Bed
3 Bath
1253 ft²
|
$600,000
-23.57%
09/30/2026
|
Ron Fontaine
Fontaine Realty Group, Inc
|
|
07/09/2024
| |
3 Bed
|
3 Bath
|
1253 ft²
|
$749,999
3 Bed
3 Bath
1253 ft²
|
$765,000
+2.00%
10/15/2024
|
Blake Cory
Your Home Sold Guaranteed
|
|
09/03/2020
| |
3 Bed
|
3 Bath
|
1253 ft²
|
$490,000
3 Bed
3 Bath
1253 ft²
|
-
-
|
-
|
Building Info
About University Commons
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Listed by: Blake Cory, eXp Realty of California, Inc.
Last Updated: 3 years ago
Data Source: CRMLS, MLS# SW24152689
Last Updated: 3 years ago
Data Source: CRMLS, MLS# SW24152689
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