2953 Courser Ave
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2953 Courser Ave

D

San Diego, CA 92117

$1,475,000

Soft Appraisal Value: $1,457,800 · 1.2% above estimate

Beds

3

Baths

2

Sqft

1,324

Year Built

1963

Days on Market

50

Property Type

Single Family

HOA/mo

N/A

MLS ID

260007990SD

This property is in San Diego (92117). View neighborhood stats →

Virtual Tour

About This Property

Step into this warm and inviting sun-drenched sanctuary. This charming 3-bedroom, 2-bath home offers seamless indoor-outdoor living, with artistically landscaped front and back gardens with water wise plantings and bursting with vibrant color. Enjoy privacy and lovely views from both the front and back yards. A custom stamped-concrete patio wraps around the back and one side of the home, and well placed pavers in the front of the home for a smaller patio, creating a resort-like feel where every day feels like a vacation. French glass doors open from the back patio into bright, airy living and dining areas. Inside, you'll find fresh, clean finishes, including high-quality Merbau hardwood floors throughout the main living spaces. The hallway bath features elegant tile walls and clean surround, while the spacious master bath offers a peaceful walk-in shower and luxurious glass doors that invite you to unwind. Located in a quiet cul de sac in the highly walkable Bay Ho neighborhood, this turnkey home is just minutes from everything San Diego has to offer. Enjoy a 10-minute drive to Mission Bay, the Pacific Ocean and surfing beaches, La Jolla, UCSD, Torrey Pines, downtown San Diego, SeaWorld, the San Diego Zoo, and the airport. A new Trader Joe’s is currently under construction at nearby Clairemont Town Square, adding even more convenient shopping and dining options to the area. Very sought after Bay Ho - West Clairemont community! Location, Location, Location. Priced reasonably, Nearby comps in the area have seen recent sales up to $1.7M for similar homes. Bay Ho/Bay Park is a desirable, established neighborhood with good access to freeways, beaches (not too far), shopping, and schools. The lot size is a plus for the area, and the emphasis on updated, light-filled spaces + outdoor flow could appeal to buyers wanting a turnkey coastal-adjacent vibe without a massive price tag compared to closer beach neighborhoods. Easy access to Mission Bay (boating, biking, parks), Padres sponsored Baseball Little League at Cadman Park & Tecolote Canyon for hiking, and nearby golf. The parks & streets offer Mission Bay and Pacific Ocean views. Clairemont Square offer dining/shopping Local restaurants, wine bars, and Nordstroms shops including a brand new Traders Joe's coming soon. Morena Blvd offers the Incredible Costco warehouse shopping with a large gas station and more options nearby in Morena District or a short drive to Pacific Beach. . Moderate—very walkable in core areas for daily needs (71 Walk Score in some assessments), but most use cars for broader trips. . Other: Proximity to beaches without the congestion, plus quick access to downtown or job centers. Famous saying is "10 minutes to everything San Diego." Come live in this much sought out area of West Clairemont/ Bay Ho/Bay Park community!

Mortgage Calculator

Est. Monthly Payment

$9,364

Principal & Interest$7,458
Property Tax$1,475
Insurance$430
%($295,000)
%

Location

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Investment Score

8D
Est. Monthly Rent
$5,292
Monthly Cashflow

Rent − PITIA

$-4,071
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,518

Mortgage (P+I)
$7,458
Cap Rate
0.77%
Cash-on-Cash
-26.51%
DSCR

Need ≥ 1.25 for DSCR loan

0.57
Break-even Rent
$13,757

NOI (Annual)
$11,288
Price-to-Rent

Lower = better for investors

23.2

* 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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