11444 Elbert Way
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11444 Elbert Way

D

San Diego, CA 92126

$1,149,000

Soft Appraisal Value: $1,187,700 · 3.3% below estimate

Beds

3

Baths

2

Sqft

1,502

Year Built

1978

Days on Market

48

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2603481

This property is in San Diego (92126). View neighborhood stats →

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About This Property

Perched on the rim of the Los Peñasquitos Canyon’s open space, this beautifully upgraded 3 bedroom, 2 bath home offers 1,502 estimated square feet of comfort and privacy. The thoughtfully remodeled kitchen features Bosch appliances, wine bar, and lots of additional counter space, great for a coffee bar and for entertaining. Hardwood floors throughout the living spaces with accented custom wood decorative shelves, recessed lighting and ceiling fans. Enjoy indoor outdoor living with an extensively hardscaped backyard retreat complete with a soothing fountain and two pergolas, ideal for relaxing overlooking the tranquil canyon views. The finished garage includes epoxy floors, lighting, solar attic vent, and EV charger offering versatility and efficiency. Additional features include three solar tubes, 13 owned solar panels, smart thermostat, perimeter multi-color smart lighting, a newer water heater and a 2024 high efficiency heat pump/air conditioning system including replaced duct work. This move in ready Mira Mesa home combines modern improvements with a serene natural setting—an exceptional opportunity not to be missed.

Mortgage Calculator

Est. Monthly Payment

$7,294

Principal & Interest$5,810
Property Tax$1,149
Insurance$335
%($229,800)
%

Location

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Investment Score

7D
Est. Monthly Rent
$4,006
Monthly Cashflow

Rent − PITIA

$-3,288
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,167

Mortgage (P+I)
$5,810
Cap Rate
0.67%
Cash-on-Cash
-26.98%
DSCR

Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$10,716

NOI (Annual)
$7,717
Price-to-Rent

Lower = better for investors

23.9

* 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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