10808 Red Rock Drive
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10808 Red Rock Drive

C

Scripps Ranch, CA 92131

$1,550,000
NEW — 3d

Soft Appraisal Value: $1,510,400 · 2.6% above estimate

Beds

4

Baths

3

Sqft

2,820

Year Built

1973

Days on Market

3

Property Type

Single Family

HOA/mo

N/A

MLS ID

260015489SD

This property is in Scripps Ranch (92131). View neighborhood stats →

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About This Property

Spacious and versatile 4BR + den, 3BA home offering approximately 2,820 sq. ft. of living space (2,422 sq. ft. plus approx. 398 sq. ft. of family room addition not reflected in tax assessor records). Perfect for multi-generational living, large households, or those seeking flexible work-from-home options. The fourth bedroom is currently configured as an expansive bonus room featuring vaulted ceilings, abundant natural light, three large windows, a sliding glass door, private balcony, and separate exterior staircase entrance—ideal for a home office, studio, guest suite, or creative workspace. The home includes a downstairs bedroom with walk-in closet and adjacent full bath with Jacuzzi tub/shower. The primary suite offers a walk-in closet and private bath with shower. The garage is currently converted into a climate-controlled flex place. Driveway features additional parking for extra vehicles (previously used for RV parking). Situated on a premium corner lot with no neighbors behind and only one adjacent neighbor, the property offers exceptional privacy. Conveniently located across from grocery shopping, banks, restaurants, and everyday services. Nearby Hoyt Park features open green space, playgrounds, picnic areas, and walking trails. Walking distance to highly regarded Miramar Elementary, Marshall Middle, and Scripps Ranch High School within the San Diego Unified School District.

Mortgage Calculator

Est. Monthly Payment

$9,840

Principal & Interest$7,838
Property Tax$1,550
Insurance$452
%($310,000)
%

Location

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Investment Score

8D
Est. Monthly Rent
$5,554
Monthly Cashflow

Rent − PITIA

$-4,286
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,855

Mortgage (P+I)
$7,838
Cap Rate
0.76%
Cash-on-Cash
-26.53%
DSCR

Need ≥ 1.25 for DSCR loan

0.56
Break-even Rent
$14,456

NOI (Annual)
$11,795
Price-to-Rent

Lower = better for investors

23.3

* 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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