3002 Courser
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3002 Courser

D

San Diego, CA 92117

$1,595,000
NEW — 3d

Beds

3

Baths

2

Sqft

1,324

Year Built

1963

Days on Market

3

Property Type

Single Family

HOA/mo

N/A

MLS ID

260009678SD

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

About This Property

Elevated coastal living in Bay Ho. This thoughtfully reimagined modern ranch home sits on a quiet cul-de-sac along a canyon bluff, offering a rare blend of privacy, views, and convenience. The single-level layout features an open-concept design with seamless indoor-outdoor flow, anchored by a chef’s kitchen with a stone island, open shelving, and integrated lighting. The main living space is enhanced by a fireplace feature wall, while canyon and bay views elevate the home’s relaxed coastal feel. A versatile California room off the living area opens to the backyard, ideal for a home office, art studio, gym, or lounge. Extensively remodeled throughout, the home showcases all-new wide-plank flooring, fully redesigned bathrooms with designer tile, niche lighting, and modern vanities, along with new doors and windows for a clean, cohesive aesthetic. The primary suite offers a spa-like retreat, while curated finishes and thoughtful design elements create a polished, turnkey experience from room to room. Major system upgrades include a new roof and new central A/C/heating, providing long-term peace of mind. The exterior has been completely transformed with all-new landscaping and a newly rebuilt, expansive patio designed for entertaining and enjoying the canyon setting. Additional highlights include a two-car garage, private and securely fenced grounds, and a rare combination of modern design, functional upgrades, and an exceptional location just minutes from the coast.

Mortgage Calculator

Est. Monthly Payment

$10,125

Principal & Interest$8,065
Property Tax$1,595
Insurance$465
%($319,000)
%

Location

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Investment Score

2D
Est. Monthly Rent
$4,709
Monthly Cashflow

Rent − PITIA

$-5,416
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,828

Mortgage (P+I)
$8,065
Cap Rate
0.18%
Cash-on-Cash
-29.45%
DSCR

Need ≥ 1.25 for DSCR loan

0.47
Break-even Rent
$14,876

NOI (Annual)
$2,841
Price-to-Rent

Lower = better for investors

28.2

* 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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