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Sold for $500,000
  • Listed by: Real Brokerage Technologies • Martin Quiroz • Contact: Martin@USAHomesAndLoans.com
    Bought with: Real Brokerage Technologies
    Zestimate®
    $500,000

    438 Richland Rd, San Marcos, CA 92069

    2beds
    858sqft
    Single Family Residence
    Built in 1923
    0.25 Acres Lot
    $500,000 Zestimate®
    $583/sqft
    $3,063 Estimated rent

    Home value

    $500,000

    $465,000 - $540,000

    $3,063/mo

    Zestimate® history
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    What's special

    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's past and today's surrounding community. The generous quarter-acre lot offers room to expand, add, or reimagine the site, appealing to buyers with a vision beyond the existing footprint, and includes various mature fruit trees. The location adds to the opportunity: minutes from Palomar College and Cal State San Marcos, with easy access to Highway 78, local shopping, and dining, and approximately 20–25 minutes to North County beaches. With North City and other development ongoing, San Marcos continues to grow. Bring your vision and explore the possibilities.

    Zillow last checked:

    Listing updated:

    Listed by:

    Martin Quiroz DRE #01346293 Martin@USAHomesAndLoans.com,

    Real Brokerage Technologies

    Bought with:

    Martin Quiroz, DRE #01346293

    Real Brokerage Technologies

    Source: CRMLS,MLS#: NDP2608476MLS LogoOriginating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Rooms
    • Room types: Bedroom
    Bedroom
    • Features: All Bedrooms Down
    Cooling
    • None
    Appliances
    • Laundry: Outside
    Features
    • All Bedrooms Down
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 858 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Unpaved
    • Uncovered spaces: 6
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    • Has view: Yes
    • View description: Mountain(s), Neighborhood
    Lot
    • Size: 0.25 Acres
    • Dimensions: 10,676 Sq ft, .25 Acre
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 2202313600
    • Zoning: R-1 Residential
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: See Remarks
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Roof: Shingle
    Condition
    • Repairs Major
    • New construction: No
    • Year built: 1923

    Utilities & green energy

    • Utilities for property: Cable Connected, Electricity Connected, See Remarks

    Community & HOA

    Community
    • Features: Curbs, Street Lights, Sidewalks, Urban
    Location
    • Region: San Marcos

    Financial & listing details

    • Price per square foot: $583/sqft
    • Tax assessed value: $75,444
    • Date on market: 9/10/2026
    • Cumulative days on market: 30 days
    • Listing terms: Cash
    • Road surface type: Paved

    Price history

    DateEventPrice
    11/2/2026Sold$500,000-4.8%$583/sqft
    Source: CRMLS #NDP2608476 Report a problem
    10/20/2026Pending sale$525,000$612/sqft
    Source: CRMLS #NDP2608476 Report a problem
    10/16/2026Listed for sale$525,000$612/sqft
    Source: CRMLS #NDP2608476 Report a problem
    10/7/2026Pending sale$525,000$612/sqft
    Source: CRMLS #NDP2608476 Report a problem
    9/10/2026Listed for sale$525,000$612/sqft
    Source: CRMLS #NDP2608476 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $75,444 +2%
    2025$801 +5.7%$73,966 +2%
    2024$758 +2.2%$72,517 +2%
    2023$741 +1.6%$71,096 +2%
    2022$730 +1.8%$69,703 +2%
    2021$716 +1%$68,337 +1%
    2020$709 +6.2%$67,637 +2%
    2019$668 -1.3%$66,312 +2%
    2018$677 +2.3%$65,012 +2%
    2017$662 +2%$63,739 +2%
    2016$649 +1.6%$62,490 +1.5%
    2015$639 +2.4%$61,552 +2%
    2014$624 $60,347 +0.5%
    2013-- $60,075 +2%
    2012-- $58,898 +2%
    2011-- $57,744 +0.8%
    2010-- $57,313 -0.2%
    2009-- $57,450 +2%
    2008-- $56,324 +2%
    2007-- $55,220 +2%
    2006-- $54,138 +2%
    2005-- $53,077 +2%
    2004-- $52,038 +1.9%
    2003-- $51,085 +2%
    2002-- $50,084 +2%
    2001-- $49,103
    Find assessor info on the county website

    Neighborhood: 92069

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Richman
    • Middle: Woodland Park
    • High: Mission Hills

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $500,000

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $500,000