10840
1 / 20

10840 #103

D

Scripps Ranch, CA 92131

$725,000
NEW — 6d

Beds

1

Baths

1

Sqft

846

Year Built

2002

Days on Market

6

Property Type

Condo

HOA/mo

$400

MLS ID

260013180SD

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

Virtual Tour

About This Property

Beautifully upgraded ground-floor 1BD/1BA condo located in the heart of highly desirable Scripps Ranch. This move-in-ready home features an expansive private tiled patio, creating the perfect indoor-outdoor living experience. Unlike any other units in the Monarch complex with minimal or no upgrades, this home has been fully reimagined for modern living. The fully remodeled kitchen showcases waterfall quartz countertops, custom cabinetry, and newer stainless steel smart appliances including Gas range, oven, microwave, and dishwasher. Water softener for the home and reverse osmosis for drinking water. Wood flooring flows throughout the home, complemented by automated window shades for added comfort and convenience. The spacious primary suite offers a custom walk-in closet with tiled flooring, while the upgraded bathroom features a walk-in tiled shower, heated shower bench, and ADA-compliant raised toilet. A versatile flex space provides the perfect setup for a home office, guest area, also adding an abundant amount of storage space. Premium upgrades include a brand-new washer and dryer, one-car garage with epoxy flooring, wall storage racks, and shelving. Furniture is negotiable. Enjoy resort-style community amenities including a pool, spa, fitness center and recently remodeled club house for your enjoyment to work or entertain. Ideally located within walking distance to Mira Mar Lake, Trader Joe’s and many new and established restaurants, & services, plus easy freeway access. Situated within one of San Diego’s most sought-after neighborhoods & award-winning school districts

Mortgage Calculator

Est. Monthly Payment

$5,002

Principal & Interest$3,666
Property Tax$725
Insurance$211
HOA$400
%($145,000)
%

Location

Loading map...

Investment Score

9D
Est. Monthly Rent
$1,965
Monthly Cashflow

Rent − PITIA

$-3,037
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,093

Mortgage (P+I)
$3,666
Cap Rate
-0.71%
Cash-on-Cash
-33.87%
DSCR

Need ≥ 1.25 for DSCR loan

0.39
Break-even Rent
$7,281

NOI (Annual)
$-5,125
Price-to-Rent

Lower = better for investors

30.7

* 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.

Get Expert AnalysisOpen Full Calculator