Attention Investors, Renovators???????????????????????????????????????????????????????????????????????????? & Visionaries! This is a rare opportunity to restore, renovate, or reimagine a piece of San Marcos history. Situated on approximately 0.25 acre per public records, this 858 sq. ft. home offers 2 bedrooms and 1 bath per public records, plus a bonus room with potential for use as a third bedroom, office, or flex space. Built in 1923 per appraisal (a County Assessor correction reflecting this date is in process). Due to its current condition, the property may not meet Conventional, FHA, or VA lending guidelines; a cash purchase is recommended. Sold in present, as-is condition. A standout feature is the three-story tank house, a rare surviving structure reflecting the agricultural roots of the historic Richland Valley. The interior was informally converted at some point with a kitchen on the ground floor, sleeping areas on the two levels above, and an attached bathroom added to the rear. This space does not appear to reflect permitted construction and should not be relied upon as habitable square footage; the structure shows significant wear and is being sold strictly as-is, with restoration potential for buyers looking to bring it back to code. Given the age and current condition of the structures, visitors are encouraged to exercise care while touring the property and to conduct a thorough inspection, including structural evaluation, prior to submitting an offer. The home predates the neighboring former Hollandia Dairy lands, portions of which are now home to Mission Hills High School and Hollandia Park a fascinating link between the property'
ACTIVE
- Price
- $ 525,000
- City
- San Marcos
- Bedrooms
- 2
- Full Bathrooms
- 1
- County
- SAN DIEGO
- Half Bathrooms
- 0
- Area
- Lot Size
- 0.25 Acres
- Zip
- 92069
- Sqr Footage
- 858
- Year Built
- 1923
- Style
- MLS#
- NDP2608476
Features
General
Interior Features
Exterior Features
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Affordability Calculator
$3,786
Per MonthBased on the average sale price from the Chula Vista, CA office
- Monthly Principal & interest $2,658
- Monthly Property Taxes $1,062
- Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
Schools
Price History
Property vs Zip Code Average in 92069
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438 Richland Road San Marcos, CA is a Single Family Home for sale at $525000 with 858 sqft and a lot size of 0.25 Acres Acre(s). 438 Richland Road San Marcos has 2 bedrooms, 1 baths and was built in 1923. The property's zip code is 92069 which is in San Marcos, CA
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
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