SAN MARCOS PROPERTY MANAGEMENT

ABOUT SAN MARCOS

San Marcos is another suburban area in Northern San Diego. It’s a great place to live if you enjoy the feel of a small town while still having activities to do close by. If you enjoy the outdoors, the city has numerous parks and hiking trails, such as the famous Double Peak Park. The hike is of moderate difficulty and is around 4.7 miles. At the top, there are great picnic spots and you’ll get an amazing view of San Diego and North County.

There are plenty of shopping, dining, and entertainment options in San Marcos, too. Old California Restaurant Row is a popular place to try a variety of cuisines. Stop by Slater’s 50/50 for one of the best burgers you’ll ever have. There’s an Edwards Theater nearby for a family movie day or a date night. San Marcos also has a great transportation system, making it easier to get to school and work.

San Marcos has great elementary schools, including Discovery Elementary and Knob Hill Elementary. They are both kindergarten through 5th grade. If you’re looking for nice middle schools, check out San Elijo and Woodland Park. High schools in the area include Mission Hills HS and High Tech High North County School (they have a middle school as well). Click here for more on San Marcos schools.

There are a number of universities in the area, including California State University San Marcos. CSUSM is a medium-sized university, housing roughly 15,000 students. Top undergraduate majors include business management, psychology, and human development. The university has 39 Bachelors programs and 21 Masters programs. For further information on admissions, programs, etc., click here.

San Marcos Home Prices

These are the year to date stats as of March 2021. For monthly stats, visit the San Diego Association of Realtors website.

San Marcos 92078 Single Family Homes: $918,500 median price 

San Marcos 92078 Condos: $531,000 median price

Rental Rates in San Marcos

San Marcos's single family home inventory averages at around $2,900/month. Condos are closer to $2,400 and 2 bedrooms are around $2,200. 

 

 

Pros of Investing in San Marcos 

Nestled in between Oceanside/Vista/Carlsbad/Escondido, in which all have large employment centers. CSU San Marcos leads to huge seasonal demand for nearby properties from students. 

Cons of Investing in San Marcos

The new development including San Elijo on other side of mountains may cause market saturation. You'll also need to be familiar with pockets to avoid less-than-ideal tenant base. 

San Marcos Prices

Neighborhoods by Price

The map above shows the range in prices in San Marcos. Darker areas are higher in price, lighter areas are lower. 

Sample Deals in San Marcos

1009 Mockingbird Lane - Full Deal Report 

  • $518,000 purchase price ($119,140 cash needed) 
  • -$808/month cash flow 
  • 2.7% cap rate 
  • -8.1% COC 

Lake San Marcos is a very popular destination for locals and tourists alike, so the close proximity of this home make it a great rental investment.

1563 La Fiesta Drive - Full Deal Report 

  • $245,000 purchase price ($56,350 cash needed) 
  • -$59/month cash flow 
  • 4.3% cap rate 
  • -1.3% COC

There aren't a whole lot of attached 1B attached units available in San Marcos. When you're the only option available on the rental market this can aid you in the tenant search immensely. This is a unique 1B/1BA condo that feels more like a single-level townhome and is right on Lake San Marcos with resort-style amenities available! Even with the additional amenities fee of $50/month the property would just about break even.

San Marcos Property Management

Good Life Property Management has become experts in San Marcos property management over the last 7 years. As a result, we know how to effectively market and manage your San Marcos home. We find that days on market are average when compared to other areas and vacancy is about average as well. San Marcos property management can be challenging, but doesn’t have to be with Good Life.

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