11198 Amalia Ct
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11198 Amalia Ct

Ctop 80%

Rancho Peñasquitos, CA 92129

$1,399,900
STR-eligible · San Diego Tier 3 · TOT 11.75%

One license per person in San Diego: whether you can hold it depends on you, not only the home.

2 licensed short-term rentals within ½ mile (1 whole home), from the cities' license and permit lists of Nov 9, 2026.

Pass at asking: -$6,657/mo full cashflow at 20% down, 7.43% rate.

Works at $533,143 (62% under asking), or at 89% down.

Rent $5,318/mo from 12 leases of 3–5 bed houses within 1 mi ($5,003–$5,546).

Beds

4

Baths

2.5

Sqft

2,374

Year Built

1976

Days on Market

48

Property Type

Single Family

HOA/mo

N/A

MLS ID

260023220SD

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

Virtual Tour

About This Property

Such a great value!! Wake up to breathtaking sunrises and unwind by the water in this artfully reimagined home, tucked away on a quiet cul-de-sac in Peñasquitos Glens. Offering nearly 2,400 sq. ft. of thoughtfully updated living space, this home captures panoramic easterly views and features newer windows, a newer roof, paid solar, and durable, hypoallergenic luxury vinyl plank flooring throughout. Step outside to your private backyard retreat, complete with a freshly replastered pool and spa, where peaceful mornings and relaxing evenings become part of everyday life. Extensively renovated inside and out, this move-in-ready home blends modern comfort, energy efficiency, and timeless style—so you can spend less time maintaining and more time enjoying everything it has to offer. Take a look at the video then come this weekend! What are you waiting for? This home defies it's age with all the upgrades and improvements! Home Highlights: No HOA. No Mello-Roos. Quiet cul-de-sac location in Peñasquitos Glens. Panoramic easterly views from nearly every room. Sparkling saltwater pool. Newer vinyl windows. Paid solar. Mature grapefruit, pear, and apple trees. Property line extends to the lower fence. Conveniently located near I-15, shopping, restaurants, and major employers. Recent Upgrades: Back patio refreshed (2026). Front yard landscaping refreshed (2026). Pool resurfaced (2026). New asphalt shingle roof with warranty (2025). Exterior stucco patched, resealed, and painted, including pergola, outdoor bar, upstairs balcony, and north gate stairs (2025). Both fireplaces updated (2025). Pool pump replaced (2025). Luxury vinyl plank flooring installed throughout with leveled entry flooring (2024). Downstairs bathroom remodeled (2024). Upstairs hall bathroom remodeled (2023). Gas pool heater replaced (2024). Tankless water heater (2017). Paid solar installed (2014) with Enphase monitoring. Primary bathroom remodeled (2015). Kitchen remodeled (2008) with Miele dishwasher added (2018). Saltwater pool installed (2017) with filter replaced (2019) and salt conversion completed (2020). Sprinkler solenoid updated (2026). Custom murals in the primary bedroom (2021) and downstairs bathroom (2025). The upstairs loft also offers the potential to be enclosed, creating an additional bedroom or private office. Schools: Located within the award-winning Poway Unified School District, serving Rolling Hills Elementary, Black Mountain Middle School, and Mt. Carmel High School.

Mortgage Calculator

Est. Monthly Payment

$9,585

Principal & Interest$7,777
Property Tax$1,400
Insurance$408
%($279,980)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Rolling Hills Elementary · grades K-5 · Poway Unified

  • Middle

    Black Mountain Middle · grades 6-8 · Poway Unified

  • High

    Mt. Carmel High · grades 9-12 · Poway 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

12C
Est. Monthly Rent
$5,318

12 leases of 3–5 bed houses within 1 mi · $5,003–$5,546

Blended 50/50 with the zip's market median ($5,435)

Monthly Cashflow

Rent − PITIA

-$4,267
Full Cashflow

Incl. vacancy, PM, maint, capex

-$6,657

What would make this work?

$6,657/mo short at 20% down; 89% down or +$8,645/mo rent closes it.

Break-even price

62% under asking

$533,143
Break-even rent

$8,645/mo above the estimate

$13,963/mo
Cashflow at 35% down
−$5,198/mo
Down payment to break even

$1,245,911 cash

89%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$7,777
Cap Rate
1.19%
Cash-on-Cash
-28.53%
DSCR

Need ≥ 1.25 for DSCR loan

0.55

NOI (Annual)
$16,635
Price-to-Rent

Lower = better for investors

21.9

* Modelled at 20% down, 7.43% 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.

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CCashflow−$6,657/mo