28
Map
$895,000
●
House -
In Contract
959 La Tierra Drive
San Marcos, CA 92078
2 Beds
2 Baths
1,302 Ft²
$4,395
Est. Monthly
About This Property
Single level detached home. Lake San Marcos rolling hill views! NO
HOA fee. Discover highly sought-after community nestled in the
scenic Lake San Marcos community. Wonderful corner lot home offers
an open floor plan with 2 primary bedrooms, 2 bathrooms, and 1,302
sq. ft. of living space - PLUS an enclosed sunroom. Private
attached freshly painted garage with laundry area in back. Well
maintained and ready for you to personalize to make this home your
own. Loads of natural light. Features include newer laminate
flooring, brand new hard surface countertops, and double-pane vinyl
windows. The kitchen comes complete with refrigerator, and the
laundry also includes a washer and dryer for added convenience.
Major upgrade includes a newer roof, electric panel, interior
& exterior paint, kitchen sink and counter tops. Peaceful backyard
oasis features rolling hill views and a covered patio perfect for
BBQs and enjoying warm summer evenings with coastal breezes. Enjoy
the stunning 80-acre Lake San Marcos, the heart of the community,
and also take comfort in knowing the ocean is just a quick
15-minute drive away. Conveniently located near shopping, dining,
and everything San Marcos and North County has to offer. This is an
exceptional opportunity you won't want to miss!!
Unit Size
1,302 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$687
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1968
Listed By
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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: 4 days ago (SDMLS #NDP2607259)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 19, 2026 | In contract | - | |
| In contract | |||
| Oct 7, 2026 | Price Decreased |
$895,000
↓ $20K
(2.2%) | |
| Price Decreased | |||
| Sep 24, 2026 | Price Decreased |
$914,900
↓ $10K
(1.1%) | |
| Price Decreased | |||
| Sep 1, 2026 | Price Decreased |
$924,900
↓ $24K
(2.5%) | |
| Price Decreased | |||
| Jul 31, 2026 | Listed by HomeSmart Realty West | $949,000 | |
| Listed by HomeSmart Realty West | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Garage
Garage Spaces: 1
Open Parking Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: AllBedroomsDown, MainLevelPrimary
Laundry Features: In Garage
Fireplace Features: None
Exterior Details
Square Footage: 1302
Square Footage Source: $0
Year Built: 1969
Levels: One
Pool Features: None
Lot Features: Back Yard, Corner Lot, Front Yard
Lot Size Area: 0.12
Lot Size Units: Acres
Lot Size Acres: 0.12
Lot Size Square Feet: 5227.2
Utilities Details
Cooling Type: Central Air
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Lake San Marcos
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Listed by: David Zulick, HomeSmart Realty West
Last Updated: 4 days ago
Data Source: CRMLS, MLS# NDP2607259
Last Updated: 4 days ago
Data Source: CRMLS, MLS# NDP2607259
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