10385 Cheviot Ct

10385 Cheviot Ct

D

San Diego, CA 92126

$1,030,000

Soft Appraisal Value: $1,019,900 · 1.0% above estimate

Beds

3

Baths

2

Sqft

1,134

Year Built

1987

Days on Market

10

Property Type

Single Family

HOA/mo

N/A

MLS ID

260006496SD

Description

Spacious single-family home ideally located in the heart of Mira Mesa! Flat and large usable land in the back yard! This well-maintained residence features 3 bedrooms and 2 bathrooms, offering a bright and open floor plan that creates a comfortable and airy living space—perfect for working from home or entertaining guests. Enjoy a large front and backyard with low-maintenance landscaping, complete with an abundance of fruit trees, including unique dragon fruit plants. The backyard offers flat, usable land with potential for an ADU, providing exciting opportunities for expansion or additional income. The home is ideally positioned to capture refreshing hillside breezes, helping reduce energy costs. Additional highlights include an indoor laundry area with washer and gas dryer, a spacious 2-car attached garage, and a desirable cul-de-sac location that provides extra privacy along with convenient additional parking. Recent upgrades bring peace of mind, including a new roof (2023), new water pressure regulator (2023), and a newer air conditioning system (2021). The home also comes equipped with modern appliances—washer, dryer, refrigerator, and dishwasher—all less than 2 years old. Ideally located within walking distance to top-rated Jonas Salk Elementary School and Challenger Middle School, and just minutes from shopping centers, LA Fitness, Edwards Theater, and a wide variety of dining options. This is a fantastic opportunity to own a home in one of San Diego’s most convenient neighborhoods—perfect for both homeowners and investors alike.

Mortgage Calculator

Est. Monthly Payment

$6,539

Principal & Interest$5,208
Property Tax$1,030
Insurance$300
%($206,000)
%

Investment Score

3D
Est. Monthly Rent
$3,968
Monthly Cashflow

Rent − PITI − HOA

$-2,570
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,341

Mortgage (P+I)
$5,208
Cap Rate
1.01%
Cash-on-Cash
-25.29%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.61
Break-even Rent
$9,606

NOI (Annual)
$10,404
Price-to-Rent

Lower = better for investors

21.6

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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