11315 Red Cedar Ln
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11315 Red Cedar Ln

D

Scripps Ranch, CA 92131

$1,050,000
NEW — 1d

Soft Appraisal Value: $1,033,100 · 1.6% above estimate

Beds

3

Baths

2

Sqft

1,384

Year Built

1974

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

260012240SD

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

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About This Property

Opportunities abound at this exceptional single-story Scripps Ranch residence, ideally tucked at the end of a peaceful cul-de-sac on an expansive nearly ¼-acre canyon-ridge lot backing to tranquil natural open space. This beautifully situated home welcomes you with a charming covered porch and an expansive open-concept layout where bright, airy living spaces seamlessly connect beneath soaring ceilings. The inviting living and dining areas are filled with natural light and anchored by a timeless brick fireplace, creating a warm yet voluminous atmosphere ideal for both everyday living and entertaining. Just beyond, the spacious kitchen offers gas cooking, abundant cabinetry, and effortless flow to the outdoor living spaces. Set on a sprawling pie-shaped lot, the backyard offers endless possibilities with lush mature landscaping, an oversized covered patio, and ample usable outdoor space ideal for entertaining, relaxing, or future expansion. The generous primary suite enjoys private access to the backyard through sliding glass doors and features a well-appointed ensuite bath with a walk-in shower. Two additional bedrooms and a guest bath complete the home’s versatile floor plan. Whether you envision customizing, expanding, creating income potential, or downsizing into effortless single-level living, this property presents a rare opportunity in one of Scripps Ranch’s most desirable locations. Ideally positioned near award-winning schools, Lake Miramar, scenic hiking and biking trails, Trader Joe’s, shopping, dining, and convenient freeway access.

Mortgage Calculator

Est. Monthly Payment

$6,666

Principal & Interest$5,309
Property Tax$1,050
Insurance$306
%($210,000)
%

Location

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Investment Score

23D
Est. Monthly Rent
$4,425
Monthly Cashflow

Rent − PITIA

$-2,240
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,133

Mortgage (P+I)
$5,309
Cap Rate
1.34%
Cash-on-Cash
-23.62%
DSCR

Need ≥ 1.25 for DSCR loan

0.66
Break-even Rent
$9,793

NOI (Annual)
$14,115
Price-to-Rent

Lower = better for investors

19.8

* 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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