2649 Palace
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2649 Palace

C

San Diego, CA 92123

$1,025,000

Soft Appraisal Value: $1,011,700 · 1.3% above estimate

Beds

3

Baths

2

Sqft

1,200

Year Built

1960

Days on Market

10

Property Type

Single Family

HOA/mo

N/A

MLS ID

260014794SD

This property is in San Diego (92123). View neighborhood stats →

Virtual Tour

About This Property

Beautifully updated single-level home in the highly desirable Serra Mesa neighborhood, featuring OWNED SOLAR and gorgeous canyon views. Filled with natural light, this inviting residence showcases vaulted ceilings, wood floors throughout the main living areas, a cozy fireplace, and an open-concept floor plan designed for comfortable living and entertaining. The beautifully appointed kitchen offers stainless steel appliances, crisp white cabinetry, recessed lighting, and a center island with breakfast counter seating that flows seamlessly into the living area. The spacious primary suite features ample closet space and a tastefully updated en-suite bath. Two of the secondary bedrooms enjoy private exterior access and serene canyon views. Outside, the low-maintenance backyard provides the perfect setting to relax and take in the surrounding scenery. Additional highlights include zoned A/C and a prime location close to shopping, dining, schools, golf courses, parks, and convenient access to the I-15 freeway.

Mortgage Calculator

Est. Monthly Payment

$6,507

Principal & Interest$5,183
Property Tax$1,025
Insurance$299
%($205,000)
%

Location

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Investment Score

14D
Est. Monthly Rent
$3,779
Monthly Cashflow

Rent − PITIA

$-2,728
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,451

Mortgage (P+I)
$5,183
Cap Rate
0.86%
Cash-on-Cash
-26.06%
DSCR

Need ≥ 1.25 for DSCR loan

0.58
Break-even Rent
$9,560

NOI (Annual)
$8,780
Price-to-Rent

Lower = better for investors

22.6

* 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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