3005 Osceola Avenue
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3005 Osceola Avenue

D

San Diego, CA 92117

$1,095,000
NEW — 2d on market

Beds

3

Baths

2

Sqft

1,109

Year Built

1956

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2603450

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

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About This Property

Remodeled Bay Ho single story on a large, private corner lot! Located in the highly desirable Bay Ho neighborhood of Clairemont, this beautiful home offers easy access to the coast and central San Diego. The interior was fully updated with a clean, cohesive design, natural light and wood-like luxury vinyl plank flooring. The kitchen features quartz countertops, white shaker cabinetry, modern backsplash, stainless steel appliances, range and hood, pendant lighting and a built-in microwave, opening directly to the main living area. The family room has been expanded with an added floor-to-ceiling window for more light and also features a stone fireplace and wood mantle. There are three bedrooms (one bedroom has a Murphy bed offering versatility) and the primary suite has a walk-in closet with cabinetry, as well an ensuite bathroom with a tile shower and floating vanity. The hall bath also features a floating vanity and a bathtub/shower combo. A sliding glass door leads to the low maintenance backyard, designed for privacy with artificial turf, custom fencing, a sunken area with built-in seating perfect for evenings by a fire pit, and an outdoor shower - great for after the beach! A finished shed provides additional storage, pantry or flexible space. Laundry is located in the spacious 2 car garage featuring storage, EV charger and gym equipment. Additional upgrades include solar, split A/C, whole house fan, newer windows & doors, ceiling fans, Ring security, smart front door lock, and a Nest CO2/Smoke Alarms. The spacious lot offers incredible opportunities for an ADU or future expansion. This coveted one story home has stand-out curb appeal and is situated in the Bay Ho neighborhood, sought after for its elevation, coastal breezes and central location. Close to Mission Bay, La Jolla, Pacific Beach, Bay Park, Marian Bear Memorial Park in San Clemente Canyon, top-rated Alcott Elementary, major freeways, and downtown, this property offers a quintessential San Diego beach lifestyle - must see!

Mortgage Calculator

Est. Monthly Payment

$6,951

Principal & Interest$5,537
Property Tax$1,095
Insurance$319
%($219,000)
%

Location

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Investment Score

2D
Est. Monthly Rent
$3,833
Monthly Cashflow

Rent − PITIA

$-3,118
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,912

Mortgage (P+I)
$5,537
Cap Rate
0.68%
Cash-on-Cash
-26.92%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$10,212

NOI (Annual)
$7,499
Price-to-Rent

Lower = better for investors

23.8

* 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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