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532 Richmar Ave
San Marcos, CA 92069
San Marcos Terrace Estates · Multifamily Property For Sale
·
9 Units
Investment Highlights
- All residences feature updated two-bedroom layouts that appeal to residents seeking functional, modern living environments.
- Situated close to major academic institutions, the property is positioned to draw from a consistent pool of students, faculty, and staff.
- Residents enjoy controlled access and convenient parking options that contribute to secure and comfortable daily living.
- The community benefits from recent exterior enhancements that improve overall curb appeal and tenant satisfaction.
- Located in an area undergoing substantial redevelopment, the surroundings reflect strong municipal support for growth and infrastructure improvements.
- The submarket’s rising incomes, youthful demographics, and increasing housing demand support long-range rent stability and asset appreciation.
Property Facts
| No. Units | 9 | Lot Size | 0.47 AC |
| Property Type | Multifamily | Building Size | 7,933 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1987 |
| Building Class | C | Parking Ratio | 3.45/1,000 SF |
| Zoning | Residential - Residential | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.47 AC |
| Building Size | 7,933 SF |
| No. Stories | 2 |
| Year Built | 1987 |
| Parking Ratio | 3.45/1,000 SF |
| Zoning | Residential - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Range
- Tub/Shower
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 9 | - | 812 |
Property Taxes
| Parcel Number | 220-112-14 | Improvements Assessment | $889,787 |
| Land Assessment | $1,334,684 | Total Assessment | $2,224,471 |
Property Taxes
Parcel Number
220-112-14
Land Assessment
$1,334,684
Improvements Assessment
$889,787
Total Assessment
$2,224,471
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