11231 Del Diablo St
Ctop 80%Rancho Peñasquitos, CA 92129
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 13, 2026.
Pass at asking: -$6,309/mo full cashflow at 20% down, 7.36% rate.
Works at $474,407 (64% under asking), or at 91% down.
Rent $4,708/mo from 12 leases of 2–4 bed houses within 1 mi ($4,663–$5,270).
Beds
3
Baths
2
Sqft
2,126
Year Built
1979
Days on Market
0
Property Type
Single Family
HOA/mo
N/A
MLS ID
260026974SD
This property is in Rancho Peñasquitos (92129). View neighborhood stats →
About This Property
Located in the highly desirable Penasquitos Glens community, this single-story home offers an open, airy feel, soaring vaulted ceilings, and beautiful mountain views. A rare pie-shaped lot provides additional side and backyard space, creating even more room to enjoy the outdoors. Natural light fills the home through large windows, complemented by classic white wood shutters. Wide-plank luxury wood-look vinyl flooring, fresh neutral paint, and crisp white baseboards create a bright, welcoming atmosphere throughout. The freshly painted kitchen features bright white cabinetry and sleek black hardware, opening seamlessly to the main living space for an easy flow that's perfect for entertaining and everyday gatherings. Large glass sliders extend the living space outdoors, creating a seamless connection between indoor and outdoor living. Two fireplaces, one in the living room and another in the family room, add warmth and character. The spacious primary suite is a peaceful retreat, featuring soaring vaulted ceilings, large glass sliders, a generous closet with custom built-ins, and an updated shower. Step outside to enjoy beautiful mountain views, stunning golden-hour sunsets and sunrises, and no direct neighbors behind, creating a private and peaceful setting to relax and take in the surroundings. Lemon and lime trees add a special touch to the backyard, while a three-mile running trail just behind the home makes it easy to get outside and enjoy the neighborhood. Within walking distance of Rolling Hills Elementary School (Poway Unified) and Rolling Hills Park, and just minutes from I-15 and the shopping, dining, and everyday conveniences of Carmel Mountain Ranch. Local favorites like Best Pizza & Brew, The Stand, and Cafe Luna are also nearby. A wonderful place to enjoy the comfort, convenience, and lifestyle that make Rancho Penasquitos such a special place to call home!
Mortgage Calculator
Est. Monthly Payment
$8,851
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.
Comparable Properties
5 comps foundThis Property
$4,708
Comp Average
$5,107
15155 Segovia Court
3bd / 2.5ba · 2,498 sqft · Single Family
$1.20M
Est. $5,410/mo
7427 Healis Place
3bd / 2.5ba · 1,931 sqft · Single Family
$1.32M
Est. $5,096/mo
13217 Deron Ave
4bd / 2.5ba · 2,143 sqft · Single Family
$1.35M
Est. $4,919/mo
14438 Callejon Musica
3bd / 2.5ba · 1,843 sqft · Single Family
$1.45M
Est. $4,820/mo
9220 Calle De Vista Oeste
4bd / 3ba · 2,177 sqft · Single Family
$1.74M
Est. $5,290/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
12 leases of 2–4 bed houses within 1 mi · $4,663–$5,270
Blended 50/50 with the zip's market median ($4,520)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$6,309/mo short at 20% down; 91% down or +$8,193/mo rent closes it.
- Break-even price
- $474,407
- Break-even rent
- $12,901/mo
- Cashflow at 35% down
- −$4,964/mo
- Down payment to break even
- 91%
- Rate to break even
- Not reachable
64% under asking
$8,193/mo above the estimate
$1,182,909 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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.
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