10855 Scripps Ranch Boulevard

10855 Scripps Ranch Boulevard

Ctop 80%

Scripps Ranch, CA 92131

$848,000
NEW — 0d
STR: check · no permits in this complex · TOT 12.75%

0 licensed short-term rentals within ½ mile (0 whole home), from the cities' license and permit lists of Nov 14, 2026.

No unit in this 48-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.

Pass at asking: -$4,694/mo full cashflow at 20% down, 7.36% rate.

Works at $233,713 (72% under asking); even all cash loses money at asking.

Rent $3,196/mo from 8 leases of 1–3 bed condos & townhomes within 1 mi, same school area ($3,129–$3,487).

Beds

2

Baths

2

Sqft

1,291

Year Built

1989

Days on Market

0

Property Type

Townhouse

HOA/mo

$675

MLS ID

PTP2608411

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

Virtual Tour

About This Property

Perched on the upper terrace of the highly desirable Nob Hill community in Scripps Ranch, this beautifully updated townhome offers an exceptional combination of panoramic westerly views, comfortable living, and a peaceful setting. Enjoy sweeping views of the canyon and sparkling city lights, spectacular sunsets, and even occasional sightings of hot air balloons drifting over Del Mar and fireworks illuminating the evening sky. Just steps from private community access to Miramar Lake, outdoor enthusiasts will appreciate having miles of scenic trails for hiking, biking, walking, and fishing nearby. Inside, the home welcomes you with abundant natural light and an inviting open feel. The spacious living room features beautiful new hardwood flooring, a cozy fireplace, and an oversized sliding glass door that opens to the patio, where the panoramic canyon and city views take center stage. The living area flows seamlessly into the dining space and remodeled kitchen, featuring granite countertops, Italian tile flooring, and stainless steel appliances. An adjoining bonus room offers flexible space ideal for a breakfast nook, home office, or additional living area. Upstairs, the spacious primary suite features vaulted ceilings and a private sliding glass door opening to its own balcony, where you can enjoy the same beautiful westerly views. The updated ensuite bathroom includes dual vanities, an oversized shower/tub combination, and a walk-in closet. The generously sized secondary bedroom also features its own ensuite bathroom, offering comfort and privacy for family or guests. Extensive improvements include whole-home repiping, a new roof installed by the HOA, new Simonton dual-pane windows and patio doors, a new water heater, a new front entry and security door, energy-efficient HVAC with whole-house ducting, new and relocated furnace (providing extra storage in original closet), fresh interior paint throughout, and new carpeting. Additional improvements include new attic flooring, providing convenient extra storage. A connected one-car garage with washer and dryer hookups, along with an additional carport parking space, adds everyday convenience. Beyond the home, enjoy a beautifully maintained, gated community featuring two swimming pools, two spas, and a private park. HOA dues conveniently include water, sewer, trash, and landscaping. Tucked away at the top of the hill, this home enjoys one of the community’s most desirable settings, offering exceptional views and a peaceful retreat while remaining conveniently close to freeways, shopping, and schools. A wonderful opportunity to enjoy spectacular views, an active outdoor lifestyle, and comfortable living in one of Scripps Ranch’s most desirable communities!

Mortgage Calculator

Est. Monthly Payment

$6,449

Principal & Interest$4,679
Property Tax$848
Insurance$247
HOA$675
%($169,600)
%
Loan Term

Location

Loading map...

Zoned Schools

  • Elementary

    Miramar Ranch Elementary · grades K-5 · San Diego Unified

  • Middle

    Marshall Middle · grades 6-8 · San Diego Unified

  • High

    Scripps Ranch High · grades 9-12 · San Diego Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

5C
Est. Monthly Rent
$3,196

8 leases of 1–3 bed condos & townhomes within 1 mi, same school area · $3,129–$3,487

Blended 50/50 with the zip's market median ($3,155)

Monthly Cashflow

Rent − PITIA

-$3,253
Full Cashflow

Incl. vacancy, PM, maint, capex

-$4,694

What would make this work?

$4,694/mo short at 20% down; +$6,097/mo rent closes it.

Break-even price

72% under asking

$233,713
Break-even rent

$6,097/mo above the estimate

$9,293/mo
Cashflow at 35% down
−$3,817/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,679
Cap Rate
0.20%
Cash-on-Cash
-33.21%
DSCR

Need ≥ 1.25 for DSCR loan

0.50

NOI (Annual)
$1,729
Price-to-Rent

Lower = better for investors

22.1

* Modelled at 20% down, 7.36% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

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

Open Full Calculator
CCashflow−$4,694/mo