16021 Pomerado

16021 Pomerado

C

Poway, CA 92064

$1,820,777

Soft Appraisal Value: $1,770,100 · 2.9% above estimate

Beds

4

Baths

5

Sqft

3,850

Year Built

2006

Days on Market

49

Property Type

Single Family

HOA/mo

N/A

MLS ID

260010268SD

This property is in Poway (92064). View neighborhood stats →

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About This Property

0.62 acres of flat, usable land in the heart of Poway, fully renovated and designed for flexibility. Opportunities like this don't come up very often with this much usable space. This private estate offers 4 bedrooms, a spacious loft, and an attached ADU with its own kitchen, creating ideal separation for multigenerational living, guests, or income potential. A circular driveway creates a strong sense of arrival, while inside, the home blends original character with thoughtful modern updates, including a well-appointed kitchen complemented by a butler’s pantry for added functionality and storage. Originally built in 1926 with major expansions completed in 2006 and 2009, the layout feels both grounded and functional. Two kitchens, fully paid solar, and built-in fire protection add long-term efficiency and peace of mind. The property has also been successfully utilized as a short-term rental, offering an additional layer of flexibility for those considering income-producing use Outside, the property opens into rare usable space with room to design your own resort-style setting… whether that’s a pool, pickleball court, expansive outdoor entertaining, or even the potential for an additional detached structure on the lower flat portion of the lot. All just minutes from top-rated Poway schools, parks, shopping, and dining.

Mortgage Calculator

Est. Monthly Payment

$11,559

Principal & Interest$9,207
Property Tax$1,821
Insurance$531
%($364,155)
%

Location

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Investment Score

9D
Est. Monthly Rent
$6,747
Monthly Cashflow

Rent − PITIA

$-4,812
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,881

Mortgage (P+I)
$9,207
Cap Rate
0.87%
Cash-on-Cash
-25.97%
DSCR

Need ≥ 1.25 for DSCR loan

0.58
Break-even Rent
$16,982

NOI (Annual)
$15,913
Price-to-Rent

Lower = better for investors

22.5

* 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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