Description
The offering at 545"547 and 549"551 Woodward Street in San Marcos presents a rare opportunity to acquire two contiguous duplex parcels in one of North Countys most desirable and stable rental markets. Built in 1982, each property features spacious 1,325-square-foot, two-bedroom, one-bath units with large front and backyards, individual garages, and additional on-site parking. The combined lot size totals over 18,800 square feet, with one parcel measuring 8,866 square feet and the other an oversized 9,985 square feet, providing ample outdoor space and potential for future redevelopment. The properties are in largely original condition, allowing an investor to capitalize on a true value-add opportunity through interior and exterior improvements, modernized ?nishes, and upgraded amenities to increase rents and enhance overall asset value. Current average rents at 545 Woodward are approximately $2,590 per unit, while 549 Woodward averages $2,588 per unit"well below market levels for comparable renovated duplexes in the area.
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School Ratings & Info
Description
The offering at 545"547 and 549"551 Woodward Street in San Marcos presents a rare opportunity to acquire two contiguous duplex parcels in one of North Countys most desirable and stable rental markets. Built in 1982, each property features spacious 1,325-square-foot, two-bedroom, one-bath units with large front and backyards, individual garages, and additional on-site parking. The combined lot size totals over 18,800 square feet, with one parcel measuring 8,866 square feet and the other an oversized 9,985 square feet, providing ample outdoor space and potential for future redevelopment. The properties are in largely original condition, allowing an investor to capitalize on a true value-add opportunity through interior and exterior improvements, modernized ?nishes, and upgraded amenities to increase rents and enhance overall asset value. Current average rents at 545 Woodward are approximately $2,590 per unit, while 549 Woodward averages $2,588 per unit"well below market levels for comparable renovated duplexes in the area.
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-15T21:27:47.783. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.