11036 Bryce Way
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11036 Bryce Way

D

Rancho Peñasquitos, CA 92129

$999,000

Soft Appraisal Value: $988,900 · 1.0% above estimate

Beds

3

Baths

3.5

Sqft

1,940

Year Built

2021

Days on Market

45

Property Type

Townhouse

HOA/mo

$350

MLS ID

260008346SD

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

About This Property

Priced under $1M—No Mello Roos! Exceptional opportunity to own a stunning 2021-built end-unit townhome in the highly desirable Promenade at Pacific Village, offering one of the best entry points into the highly acclaimed Poway Unified School District. This light-filled, three-level corner home features extra windows and approximately 200 sq ft more living space than interior units. The versatile floor plan includes a full bedroom and bathroom on the entry level— for a home office, guest suite, or multi-generational living. The main living area showcases an open-concept layout with 9-foot ceilings, abundant natural light, a spacious kitchen with a large island, and seamless flow for everyday living and entertaining. Enjoy indoor-outdoor living with a charming front patio and covered balcony, ideal for relaxing in the Southern California sunshine. Additional highlights include a dedicated laundry room, solar (PPA), and a whole-home water softener system. Residents enjoy resort-style amenities including a pool, playground, BBQ and picnic areas, and multiple dog parks—all with low HOA. Conveniently located near shopping, dining, and major commuter routes. Homes at this price point, in this location, and with this level of finish rarely come available—act quickly.

Mortgage Calculator

Est. Monthly Payment

$6,692

Principal & Interest$5,051
Property Tax$999
Insurance$291
HOA$350
%($199,800)
%

Location

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Investment Score

20D
Est. Monthly Rent
$4,419
Monthly Cashflow

Rent − PITIA

$-2,272
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,121

Mortgage (P+I)
$5,051
Cap Rate
1.12%
Cash-on-Cash
-24.75%
DSCR

Need ≥ 1.25 for DSCR loan

0.66
Break-even Rent
$9,771

NOI (Annual)
$11,162
Price-to-Rent

Lower = better for investors

18.8

* 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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