10673 Carmel Mountain Road
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10673 Carmel Mountain Road

A

Rancho Peñasquitos, CA 92129

$499,900
NEW — 0d

Beds

2

Baths

1

Sqft

945

Year Built

1971

Days on Market

0

Property Type

Condo

HOA/mo

$450

MLS ID

NDP2606187

This property is in Rancho Peñasquitos (92129). View neighborhood stats →

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About This Property

Welcome to this beautifully updated 2-bedroom, 1-bath condo in the highly desirable Penasquitos Villas community of Rancho Peñasquitos. Offering 945 square feet of comfortable living space, this move-in ready home features a bright, functional floor plan, granite countertops, a dishwasher, and a full-size washer and dryer conveniently located inside the unit. Brand-new carpet on the stairs and in both bedrooms adds a fresh, modern touch, while the private balcony provides the perfect spot to enjoy your morning coffee or unwind at the end of the day. This quiet second-story home offers exceptional privacy with no neighbors above or below, with only the shared 2-car garage beneath, and includes additional driveway parking for added convenience. Residents also enjoy access to the community pool and beautifully maintained grounds. Located in the award-winning Poway Unified School District and near top-rated schools, the home is ideally situated close to shopping, dining, parks, and easy freeway access. Two 24-hour Fitness locations are just over a mile away in either direction, with Stater Bros. nearby for everyday convenience. Across the highway, enjoy access to Trader Joe’s, Ralphs, and Costco, as well as popular restaurants and coffee shops. HOA dues include water, sewer, and trash, making this an exceptional opportunity to enjoy low-maintenance living in one of Rancho Peñasquitos’ most desirable communities.

Mortgage Calculator

Est. Monthly Payment

$3,623

Principal & Interest$2,528
Property Tax$500
Insurance$146
HOA$450
%($99,980)
%

Location

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Investment Score

48B
Est. Monthly Rent
$2,807
Monthly Cashflow

Rent − PITIA

$-817
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,879

Mortgage (P+I)
$2,528
Cap Rate
1.56%
Cash-on-Cash
-22.55%
DSCR

Need ≥ 1.25 for DSCR loan

0.77
Break-even Rent
$5,247

NOI (Annual)
$7,787
Price-to-Rent

Lower = better for investors

14.8

* 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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