11394 Almazon St
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11394 Almazon St

Ctop 80%

Rancho Peñasquitos, CA 92129

$1,349,000
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.

6 licensed short-term rentals within ½ mile (3 whole home), from the cities' license and permit lists of Nov 9, 2026.

Pass at asking: -$6,214/mo full cashflow at 20% down, 7.43% rate.

Works at $539,935 (60% under asking), or at 87% down.

Rent $5,385/mo from 11 leases of 3–5 bed houses within 1 mi ($4,273–$4,913).

Beds

4

Baths

3

Sqft

1,840

Year Built

1972

Days on Market

46

Property Type

Single Family

HOA/mo

N/A

MLS ID

260023338SD

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

Virtual Tour

About This Property

Beautifully renovated and move-in ready, this four-bedroom, three-bath single-family residence is situated on an elevated corner lot of approximately 8,300 square feet in the desirable Rancho Peñasquitos community. Built in 1972 and offering approximately 1,840 square feet of living space, the home features a bright, open and inviting floor plan designed for comfortable everyday living and entertaining. The spacious living room is a standout feature, with an open feel and a natural connection to the backyard that brings indoor and outdoor living together. The home offers one full bath and two three-quarter baths, with two of the bedrooms enjoying direct access to a bathroom. Recent renovations give the property a fresh, updated appearance and make it ready to enjoy from day one. Step outside to a generous backyard highlighted by a private in-ground swimming pool, creating an ideal setting for relaxing, entertaining and enjoying San Diego's year-round outdoor lifestyle. An attached garage provides additional convenience, while the elevated corner-lot setting adds to the home's sense of openness. Located in Rancho Peñasquitos, the property offers convenient access to neighborhood parks, recreation, shopping, dining and major transportation routes, with the surrounding community providing the combination of suburban living and accessibility that makes this area of San Diego so appealing. With its renovated interior, open living spaces, private pool, generous lot and attractive corner location, this move-in-ready home is truly a must-see.

Mortgage Calculator

Est. Monthly Payment

$9,237

Principal & Interest$7,494
Property Tax$1,349
Insurance$393
%($269,800)
%
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

14C
Est. Monthly Rent
$5,385

11 leases of 3–5 bed houses within 1 mi · $4,273–$4,913

Blended 50/50 with a property-level estimate

A property-level estimate runs more than 25% above what comparable homes leased for ($4,775). Treat this rent with extra care.

Monthly Cashflow

Rent − PITIA

-$3,851
Full Cashflow

Incl. vacancy, PM, maint, capex

-$6,214

What would make this work?

$6,214/mo short at 20% down; 87% down or +$8,070/mo rent closes it.

Break-even price

60% under asking

$539,935
Break-even rent

$8,070/mo above the estimate

$13,455/mo
Cashflow at 35% down
−$4,809/mo
Down payment to break even

$1,173,630 cash

87%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$7,494
Cap Rate
1.38%
Cash-on-Cash
-27.64%
DSCR

Need ≥ 1.25 for DSCR loan

0.58

NOI (Annual)
$18,594
Price-to-Rent

Lower = better for investors

20.9

* 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−$6,214/mo